CREDO TECHNOLOGYHOLDING ($CRDO) posted quarterly earnings results on Monday, June 2nd. The company reported earnings of $0.35 per share, beating estimates of $0.28 by $0.07. The company also reported revenue of $170,030,000, beating estimates of $163,358,100 by $6,671,900.
You can see Quiver Quantitative's $CRDO stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
CREDO TECHNOLOGYHOLDING Insider Trading Activity
CREDO TECHNOLOGYHOLDING insiders have traded $CRDO stock on the open market 178 times in the past 6 months. Of those trades, 0 have been purchases and 178 have been sales.
Here’s a breakdown of recent trading of $CRDO stock by insiders over the last 6 months:
- YAT TUNG LAM (Chief Operating Officer) has made 0 purchases and 59 sales selling 820,000 shares for an estimated $57,253,958.
- LIP BU TAN has made 0 purchases and 15 sales selling 750,000 shares for an estimated $55,678,983.
- CHI FUNG CHENG (Chief Technology Officer) has made 0 purchases and 81 sales selling 1,010,000 shares for an estimated $53,555,731.
- WILLIAM JOSEPH BRENNAN (Pres & Chief Executive Officer) has made 0 purchases and 9 sales selling 302,760 shares for an estimated $15,882,376.
- DANIEL W. FLEMING (Chief Financial Officer) has made 0 purchases and 8 sales selling 40,162 shares for an estimated $1,998,472.
- PANTAS SUTARDJA, has made 0 purchases and 3 sales selling 24,791 shares for an estimated $1,646,515.
- SYLVIA ACEVEDO sold 32,291 shares for an estimated $1,343,628
- JAMES LAUFMAN (Chief Legal Officer, Secretary) has made 0 purchases and 2 sales selling 18,000 shares for an estimated $1,075,220.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CREDO TECHNOLOGYHOLDING Hedge Fund Activity
We have seen 260 institutional investors add shares of CREDO TECHNOLOGYHOLDING stock to their portfolio, and 215 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 5,265,795 shares (-52.5%) from their portfolio in Q1 2025, for an estimated $211,474,327
- POINT72 ASSET MANAGEMENT, L.P. added 3,112,911 shares (+100.9%) to their portfolio in Q1 2025, for an estimated $125,014,505
- BLACKROCK, INC. removed 2,485,801 shares (-14.2%) from their portfolio in Q1 2025, for an estimated $99,829,768
- CITADEL ADVISORS LLC added 2,203,416 shares (+154.5%) to their portfolio in Q1 2025, for an estimated $88,489,186
- NEUBERGER BERMAN GROUP LLC added 1,953,078 shares (+192.1%) to their portfolio in Q1 2025, for an estimated $78,435,612
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 1,876,758 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $75,370,601
- NORGES BANK added 1,744,412 shares (+inf%) to their portfolio in Q4 2024, for an estimated $117,241,930
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CREDO TECHNOLOGYHOLDING Congressional Stock Trading
Members of Congress have traded $CRDO stock 7 times in the past 6 months. Of those trades, 3 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $CRDO stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN has traded it 4 times. They made 0 purchases and 4 sales worth up to $60,000 on 03/04, 01/29.
- SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 3 purchases worth up to $115,000 on 02/03, 01/02 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
CREDO TECHNOLOGYHOLDING Analyst Ratings
Wall Street analysts have issued reports on $CRDO in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 04/22/2025
To track analyst ratings and price targets for CREDO TECHNOLOGYHOLDING, check out Quiver Quantitative's $CRDO forecast page.
CREDO TECHNOLOGYHOLDING Price Targets
Multiple analysts have issued price targets for $CRDO recently. We have seen 4 analysts offer price targets for $CRDO in the last 6 months, with a median target of $82.5.
Here are some recent targets:
- Tom O'Malley from Barclays set a target price of $70.0 on 04/22/2025
- Vijay Rakesh from Mizuho Securities set a target price of $85.0 on 01/10/2025
- Tore Svanberg from Stifel Nicolaus set a target price of $85.0 on 01/08/2025
- Christopher Rolland from Susquehanna set a target price of $80.0 on 12/17/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
