Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Credo Technology Group Holding Ltd shares valued at $715,352 were purchased by JAMES L LAUFMAN on Jun 11 ’25. At $71.54 per share, JAMES L LAUFMAN acquired 10,000 shares.
Also, Cheng Chi Fung sold 59,641 shares, netting a total of over 4,470,427 in proceeds. Following the sale of shares at $74.96 each, the insider now holds 7,603,961 shares.
Before that, Cheng Chi Fung had sold 55,000 shares from its account. In a trade valued at $3,989,329, the Chief Technology Officer traded Credo Technology Group Holding Ltd shares for $72.53 each. Upon closing the transaction, the insider’s holdings decreased to 55,000 shares, worth approximately $540.81 million.
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 drop of approximately -6.30%. Over the course of the year, Credo Technology Group Holding Ltd shares have jumped approximately 6.59%. 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 69.48, which, if violated, would cause prices to drop to 67.31. In the upper region, resistance lies at 72.97. The next price resistance is at 74.29. RSI (Relative Strength Index) is 65.39 on the 14-day chart, showing neutral technical sentiment.
