Optimize Financial Inc Invests $1.43 Million in Credo Technology Group Holding Ltd. $CRDO

Optimize Financial Inc acquired a new stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,830 shares of the company’s stock, valued at approximately $1,431,000.

Several other hedge funds also recently bought and sold shares of CRDO. Atlantic Union Bankshares Corp acquired a new stake in Credo Technology Group in the 3rd quarter valued at about $25,000. First Horizon Corp purchased a new stake in shares of Credo Technology Group during the third quarter worth approximately $26,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Credo Technology Group in the second quarter valued at approximately $27,000. Park Place Capital Corp purchased a new position in Credo Technology Group in the third quarter worth approximately $41,000. Finally, Cullen Frost Bankers Inc. grew its holdings in Credo Technology Group by 278.4% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 473 shares of the company’s stock worth $44,000 after acquiring an additional 348 shares in the last quarter. Hedge funds and other institutional investors own 80.46% of the company’s stock.

Credo Technology Group Stock Down 7.2%

NASDAQ:CRDO opened at $111.31 on Wednesday. The company has a market capitalization of $20.11 billion, a PE ratio of 97.64 and a beta of 2.65. Credo Technology Group Holding Ltd. has a 52-week low of $29.09 and a 52-week high of $213.80. The stock’s 50 day moving average price is $149.03 and its 200 day moving average price is $142.40.

Credo Technology Group (NASDAQ:CRDO) last posted its quarterly earnings data on Monday, December 1st. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.18. Credo Technology Group had a return on equity of 25.28% and a net margin of 26.63%.The business had revenue of $268.03 million during the quarter, compared to the consensus estimate of $234.99 million. During the same period in the prior year, the company earned $0.07 earnings per share. The company’s revenue was up 272.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Credo Technology Group Holding Ltd. will post 0.13 EPS for the current fiscal year.

Insider Buying and Selling at Credo Technology Group

In related news, Director Pantas Sutardja sold 1,875 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $128.67, for a total transaction of $241,256.25. Following the completion of the sale, the director directly owned 5,892,034 shares of the company’s stock, valued at $758,128,014.78. This trade represents a 0.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Daniel W. Fleming sold 3,902 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $140.15, for a total transaction of $546,865.30. Following the transaction, the chief financial officer owned 446,178 shares of the company’s stock, valued at approximately $62,531,846.70. The trade was a 0.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 917,976 shares of company stock valued at $136,567,647. Corporate insiders own 11.84% of the company’s stock.

Key Headlines Impacting Credo Technology Group

Here are the key news stories impacting Credo Technology Group this week:

• Positive Sentiment: Product/partnership wins deepen AI networking exposure: Credo’s Blue Heron 224G retimer (3nm) is sampling ahead of expected Q3‑2026 production and the company announced deals tying the product into AI/cloud interconnect stacks — a revenue and margin growth catalyst if adoption scales. Read More. · Read More.
• Positive Sentiment: Wall Street / strategic view: Bank of America and other sell‑side notes see Credo as a long‑term beneficiary of AI‑driven cloud connectivity, supporting multi‑quarter upside vs. peers if product traction continues. Read More.
• Neutral Sentiment: Independent bull case writeups reiterate growth narrative and long‑term opportunity, but these are thematic pieces rather than new company disclosures. Read More.
• Neutral Sentiment: Reported short‑interest data in the feeds is effectively zero/rounded and appears anomalous (no meaningful short‑pressure signal). This makes short covering an unlikely driver of today’s move.
• Negative Sentiment: Multiple insider sales: CEO William Brennan sold large blocks (SEC filings), CTO Chi Fung Cheng sold 27,500 shares, and director Pantas Sutardja sold 1,875 shares — sizable insider exits in late January have pressured sentiment. SEC filings available for review. Read More. · Read More. · Read More.
• Negative Sentiment: Analyst downgrade: Zacks Research lowered CRDO from “strong‑buy” to “hold,” adding near‑term pressure amid recent insider sales and high valuation. Read More.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CRDO shares. Needham & Company LLC raised their price objective on shares of Credo Technology Group from $190.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Wolfe Research set a $240.00 price target on Credo Technology Group in a research note on Tuesday, December 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Credo Technology Group in a research report on Monday, December 29th. Bank of America increased their price objective on Credo Technology Group from $165.00 to $240.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Finally, KGI Securities raised Credo Technology Group from a “hold” rating to an “outperform” rating and set a $230.00 price target for the company in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.54.

About Credo Technology Group

Credo Technology Group, Inc (NASDAQ: CRDO) is a fabless semiconductor company that develops high‑speed connectivity solutions for cloud, enterprise and telecommunications infrastructure. The company focuses on semiconductors and related IP that enable reliable, low‑latency movement of large volumes of data between servers, switches and optical modules in data centers and network equipment.

Credo’s product portfolio centers on high‑speed analog and mixed‑signal devices designed to preserve signal integrity and extend reach over copper and optical links.