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 $4,640,177 were sold by Cheng Chi Fung on Jun 23 ’25. At $84.37 per share, Cheng Chi Fung sold 55,000 shares. The insider’s holdings dropped to 7,438,961 shares worth approximately $685.87 million following the completion of this transaction.
Also, WALDEN TECHNOLOGY VENTURES II purchased 12,248 shares, netting a total of over 1,141,729 in proceeds.
Before that, WALDEN TECHNOLOGY VENTURES II had added 80,000 shares to its account. In a trade valued at $7,261,816, the Director bought Credo Technology Group Holding Ltd shares for $90.77 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 0.30% to $92.2. The stock’s lowest price that day was $90.76, but it reached a high of $94.57 in the same session. During the last five days, there has been a surge of approximately 15.67%. Over the course of the year, Credo Technology Group Holding Ltd shares have jumped approximately 235.39%. Shares of the company reached a 52-week high of $95.00 on 06/25/25 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 90.31, which, if violated, would cause prices to drop to 88.42. In the upper region, resistance lies at 94.54. The next price resistance is at 96.89. RSI (Relative Strength Index) is 79.69 on the 14-day chart, showing overbought technical sentiment.
Is Credo Technology Group Holding Ltd subject to short interest?
Stocks of Credo Technology Group Holding Ltd saw a sharp steep in short interest on 2025-05-30 dropping by -1.77 million shares to 8.51 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 10.28 million shares. A decline of -20.86% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.29 of the overall float, the days-to-cover ratio (short ratio) decline to 2.29.
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, down nearly -7.53% from the previous closing price of $91.92. 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.
