The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Credo Technology Group Holding Ltd shares valued at $548,250 were purchased by Zinsner David on Jun 04 ’25. At $73.10 per share, Zinsner David acquired 7,500 shares.
Also, Cheng Chi Fung sold 55,000 shares, netting a total of over 2,640,965 in proceeds. Following the sale of shares at $48.02 each, the insider now holds 7,663,602 shares.
Before that, DZHS COMMUNITY PROPERTY TRUST had added 13,333 shares to its account. In a trade valued at $653,633, the Former Director bought Credo Technology Group Holding Ltd shares for $49.02 each.
As published in a research note from TD Cowen on June 03, 2025, Credo Technology Group Holding Ltd [CRDO] has been retained to a Buy and the price target has been revised to $85. Analysts at Susquehanna upgraded the stock from ‘”a Neutral”‘ to ‘”a Positive”‘ outlook in a report released in early March. As of December 17, 2024, Susquehanna has initiated its “Neutral” rating for CRDO. Earlier on December 03, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for CRDO stock which previously was a “an Underperform”.
Analyzing CRDO Stock Performance
During the last five days, there has been a surge of approximately 21.93%. Over the course of the year, Credo Technology Group Holding Ltd shares have jumped approximately 13.76%. Shares of the company reached a 52-week high of $86.69 on 01/22/25 and a 52-week low of $29.09 on 04/07/25.
Support And Resistance Levels for Credo Technology Group Holding Ltd (CRDO)
According to the 24-hour chart, there is a support level at 71.84, which, if violated, would cause prices to drop to 67.23. In the upper region, resistance lies at 79.18. The next price resistance is at 81.91. RSI (Relative Strength Index) is 79.89 on the 14-day chart, showing overbought technical sentiment.
