Credo Technology Group Holding Ltd’s recently made public that its Director WALDEN TECHNOLOGY VENTURES II acquired Company’s shares for reported $0.27 million on Jun 13 ’25. In the deal valued at $76.05 per share,3,527 shares were bought.
Then, WALDEN TECHNOLOGY VENTURES II bought 100,000 shares, generating $7,533,380 in total proceeds.
Before that, Laufman James sold 10,000 shares. Credo Technology Group Holding Ltd shares valued at $715,352 were divested by the Chief Legal Officer, Secretary at a price of $71.54 per share. As a result of the transaction, Laufman James now holds 254,346 shares, worth roughly $18.69 million.
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 fall -1.14% to $73.49. Over the last five days, the stock has gained 0.73%. Credo Technology Group Holding Ltd shares have risen nearly 9.34% since the year began. Nevertheless, the stocks have risen 157.86% 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.
Levels Of Support And Resistance For CRDO Stock
The 24-hour chart illustrates a support level at 71.53, which if violated will result in even more drops to 69.58. On the upside, there is a resistance level at 75.94. A further resistance level may holdings at 78.40.
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 2025-05-30, dropping by -1.77 million shares to a total of 8.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 10.28 million shares. There was a decline of -20.86%, which implies that there is a negative 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.
