Credo Technology Group Holding Ltd’s recent filing unveils that its Chief Financial Officer Fleming Daniel W. unloaded Company’s shares for reported $0.27 million on Dec 18 ’24. In the deal valued at $69.93 per share,3,790 shares were sold. As a result of this transaction, Fleming Daniel W. now holds 652,666 shares worth roughly $44.98 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, PANTAS SUTARDJA bought 21,041 shares, generating $1,410,589 in total proceeds.
Before that, Laufman James bought 10,000 shares. Credo Technology Group Holding Ltd shares valued at $762,500 were divested by the Officer at a price of $76.25 per share.
Susquehanna initiated its Credo Technology Group Holding Ltd [CRDO] rating to a Neutral in a research note published on December 17, 2024; the price target was $80. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early December from “an Underperform” to “a Buy”. TD Cowen also remained covering CRDO and reiterated its “Buy” recommendation on December 03, 2024. Needham maintained its rating on December 03, 2024. It rated CRDO as “a Buy”.
Price Performance Review of CRDO
On Monday, Credo Technology Group Holding Ltd [NASDAQ:CRDO] saw its stock jump 0.60% to $68.92. Over the last five days, the stock has lost -10.78%. Credo Technology Group Holding Ltd shares have risen nearly 253.98% since the year began. Nevertheless, the stocks have risen 253.25% over the past one year. While a 52-week high of $78.97 was reached on 12/16/24, a 52-week low of $16.82 was recorded on 04/19/24. SMA at 50 days reached $50.60, while 200 days put it at $32.11.
Levels Of Support And Resistance For CRDO Stock
The 24-hour chart illustrates a support level at 67.51, which if violated will result in even more drops to 66.11. On the upside, there is a resistance level at 70.36. A further resistance level may holdings at 71.81. The Relative Strength Index (RSI) on the 14-day chart is 60.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.41%. Stochastics %K at 44.23% indicates the stock is a holding.
How much short interest is there in Credo Technology Group Holding Ltd?
A steep rise in short interest was recorded in Credo Technology Group Holding Ltd stocks on 2024-11-15, dropping by -0.35 million shares to a total of 6.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.94 million shares. There was a decline of -5.25%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 15, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $40.
