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 $13,358,179 were sold by TAN LIP BU on Jun 16 ’25. At $77.90 per share, TAN LIP BU sold 171,473 shares. The insider’s holdings dropped to 613,725 shares worth approximately $52.53 million following the completion of this transaction.
Also, Cheng Chi Fung sold 55,000 shares, netting a total of over 4,332,350 in proceeds. Following the sale of shares at $78.77 each, the insider now holds 7,493,961 shares.
Before that, WALDEN TECHNOLOGY VENTURES II had added 54,297 shares to its account. In a trade valued at $4,690,305, the Director bought Credo Technology Group Holding Ltd shares for $86.38 each.
As published in a research note from TD Cowen on June 18, 2025, Credo Technology Group Holding Ltd [CRDO] has been retained to a Buy and the price target has been revised to $95. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early June. As of March 10, 2025, Susquehanna has increased its “Neutral” rating to a “Positive” for CRDO. Earlier on December 17, 2024, Susquehanna initiated its rating. Their recommendation was “a Neutral” for CRDO stock.
Analyzing CRDO Stock Performance
On last trading session,, Credo Technology Group Holding Ltd [NASDAQ: CRDO] rose 7.38% to $85.59. During the last five days, there has been a surge of approximately 19.47%. Over the course of the year, Credo Technology Group Holding Ltd shares have jumped approximately 27.35%. Shares of the company reached a 52-week high of $86.84 on 06/18/25 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 81.85, which, if violated, would cause prices to drop to 78.10. In the upper region, resistance lies at 88.09. The next price resistance is at 90.58. RSI (Relative Strength Index) is 76.91 on the 14-day chart, showing overbought technical sentiment.
Which companies own the most shares of Credo Technology Group Holding Ltd (CRDO)?
In terms of Credo Technology Group Holding Ltd share price expectations, FactSet research, analysts set an average price target of 85 in the next 12 months, up nearly 6.64% from the previous closing price of $79.71. Analysts anticipate Credo Technology Group Holding Ltd stock to reach 95 by 2025, with the lowest price target being 85. In spite of this, 5 analysts ranked Credo Technology Group Holding Ltd stock as Buy at the end of 2025. On December 03, 2024, BofA Securities assigned a price target of “a Buy” to the stock and upgraded coverage with a $80.