Credo Technology Group Holding Ltd (CRDO) may enjoy gains as insiders got busy in the recent days

Credo Technology Group Holding Ltd’s filing revealed that its Director TAN LIP BU unloaded Company’s shares for reported $3.5 million on Sep 18 ’25. In the deal valued at $175.12 per share,20,000 shares were sold. As a result of this transaction, TAN LIP BU now holds 422,180 shares worth roughly $68.5 million.

Then, Brennan William Joseph sold 50,000 shares, generating $8,205,514 in total proceeds. Upon selling the shares at $164.11, the Pres & Chief Executive Officer now owns 1,992,502 shares.

Before that, Brennan William Joseph sold 18,016 shares. Credo Technology Group Holding Ltd shares valued at $2,956,612 were divested by the Pres & Chief Executive Officer at a price of $164.11 per share. As a result of the transaction, Brennan William Joseph now holds 369,173 shares, worth roughly $59.9 million.

William Blair initiated its Credo Technology Group Holding Ltd [CRDO] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early September has reiterated a ‘”a Buy”‘ rating for it. Needham also remained covering CRDO and reiterated its “Buy” recommendation on September 04, 2025. TD Cowen maintained its rating on June 18, 2025. It rated CRDO as “a Buy”.

Price Performance Review of CRDO

On Tuesday, Credo Technology Group Holding Ltd [NASDAQ:CRDO] saw its stock fall -1.12% to $162.26. Over the last five days, the stock has lost -1.31%. Credo Technology Group Holding Ltd shares have risen nearly 459.90% since the year began. Nevertheless, the stocks have risen 141.42% over the past one year. While a 52-week high of $176.70 was reached on 09/18/25, a 52-week low of $28.75 was recorded on 04/07/25.

Levels Of Support And Resistance For CRDO Stock

The 24-hour chart illustrates a support level at 156.96, which if violated will result in even more drops to 151.67. On the upside, there is a resistance level at 165.80. A further resistance level may holdings at 169.35.

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 2025-08-29, dropping by 17836.0 shares to a total of 7.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 7.67 million shares. There was a decline of -0.23%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on June 03, 2025 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $85.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.