Credo Technology Group Holding Ltd’s filing revealed that its Officer Daniel Fleming acquired Company’s shares for reported $1.47 million on Jun 05 ’25. In the deal valued at $73.00 per share,20,078 shares were bought.
Then, CHENG HUANG FAMILY TRUST bought 59,641 shares, generating $4,470,427 in total proceeds.
Before that, WALDEN TECHNOLOGY VENTURES II bought 75,000 shares. Credo Technology Group Holding Ltd shares valued at $5,640,255 were divested by the Director at a price of $75.20 per share.
TD Cowen reiterated its Credo Technology Group Holding Ltd [CRDO] rating to a Buy in a research note published on June 03, 2025; the price target was $85. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Positive”. Susquehanna began covering CRDO with “Neutral” recommendation on December 17, 2024. BofA Securities revised its rating on December 03, 2024. It rated CRDO as “a Buy” which previously was an “an Underperform”.
Price Performance Review of CRDO
On Friday, Credo Technology Group Holding Ltd [NASDAQ:CRDO] saw its stock jump 0.81% to $73.55. Over the last five days, the stock has gained 17.40%. Credo Technology Group Holding Ltd shares have risen nearly 9.43% since the year began. Nevertheless, the stocks have risen 177.55% over the past one year. While a 52-week high of $86.69 was reached on 01/22/25, a 52-week low of $22.50 was recorded on 04/07/25. SMA at 50 days reached $50.62, while 200 days put it at $51.06.
Levels Of Support And Resistance For CRDO Stock
The 24-hour chart illustrates a support level at 71.16, which if violated will result in even more drops to 69.37. On the upside, there is a resistance level at 74.82. A further resistance level may holdings at 76.69. The Relative Strength Index (RSI) on the 14-day chart is 72.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 33.01%. Stochastics %K at 66.54% 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 2025-05-15, growing by 0.33 million shares to a total of 9.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 9.2 million shares. There was a rise of 3.45%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 03, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $75.
