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 $5,309,530 were sold by Cheng Chi Fung on Jul 21 ’25. At $96.54 per share, Cheng Chi Fung sold 55,000 shares. The insider’s holdings dropped to 7,218,961 shares worth approximately $710.42 million following the completion of this transaction.
Also, Cheng Chi Fung sold 55,000 shares, netting a total of over 5,419,144 in proceeds. Following the sale of shares at $98.53 each, the insider now holds 7,273,961 shares.
Before that, Fleming Daniel W. had sold 3,790 shares from its account. In a trade valued at $368,733, the Chief Financial Officer traded Credo Technology Group Holding Ltd shares for $97.29 each. Upon closing the transaction, the insider’s holdings decreased to 3,790 shares, worth approximately $57.32 million.
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 5.90% to $98.41. The stock’s lowest price that day was $92.65, but it reached a high of $98.45 in the same session. During the last five days, there has been a drop of approximately -2.75%. Over the course of the year, Credo Technology Group Holding Ltd shares have jumped approximately 233.59%. Shares of the company reached a 52-week high of $104.35 on 07/17/25 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 94.46, which, if violated, would cause prices to drop to 90.50. In the upper region, resistance lies at 100.41. The next price resistance is at 102.40. RSI (Relative Strength Index) is 61.60 on the 14-day chart, showing neutral technical sentiment.
Is Credo Technology Group Holding Ltd subject to short interest?
Stocks of Credo Technology Group Holding Ltd saw a sharp rise in short interest on 2025-06-30 jumping by 1.5 million shares to 10.0 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 8.51 million shares. A jump of 14.96% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.39 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.39.
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 90 in the next 12 months, down nearly -3.15% from the previous closing price of $92.93. 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.
