Chief Legal Officer of $CRDO sells 10,000 shares in insider sale

James Laufman, the Chief Legal Officer at $CRDO, recently divested 10,000 shares of the company, amounting to $1.5 million in value. The transaction, disclosed in a recent filing with the SEC, represented approximately 4.4% of their stake in this category of stock, leaving them with 214,905 shares of $CRDO shares.

Over the past six months, $CRDO insiders have engaged in 304 market transactions involving the company’s stock. Notably, these transactions comprised exclusively of sales, with no purchases recorded during this period. Among key personnel, Chief Technology Officer CHI FUNG CHENG conducted 129 sales totaling 935,000 shares worth $125,901,382. In a similar vein, Chief Operating Officer YAT TUNG LAM carried out 39 sales of 600,000 shares amounting to a value of $91,327,330. Moreover, President and Chief Executive Officer WILLIAM JOSEPH BRENNAN executed 114 sales of 443,920 shares, equating to $58,698,058.

Financial heads within $CRDO also participated in selling off shares, with Chief Financial Officer DANIEL W. FLEMING conducting six transactions, selling 120,160 shares valued at $16,448,338. Furthermore, Chief Legal Officer JAMES LAUFMAN divested 20,000 shares through two sales events, totaling $2,900,019. On a smaller scale, Pantas Sutardja conducted eight sales of 8,158 shares amounting to $1,205,416, while Manpreet Khaira offloaded 7,000 shares through two sales, realizing $1,098,361. Additionally, Sylvia Acevedo disposed of 1,875 shares, garnering $347,193 in revenue.

Hedge funds have also been active in adjusting their positions concerning $CRDO stock. Notable movements include Price T Rowe Associates Inc /MD/ adding 4,544,587 shares, marking a robust 563.8% increase in their holdings in Q3 2025, totaling an estimated value of $661,737,313. Conversely, Morgan Stanley reduced its stake by 57.1%, amounting to 1,818,795 shares valued at $264,834,739. Moreover, Norges Bank divested 1,627,579 shares, representing a massive 93.3% reduction in their portfolio worth around $150,697,539.

In terms of revenue, $CRDO reported a robust $268 million in revenues during Q2 2026, reflecting a substantial 272.08% increase compared to the corresponding period in the previous year. This financial data can be conveniently tracked on the dedicated $CRDO stock page provided by Quiver Quantitative.

Congressional involvement in trading $CRDO stock has been limited, with only one trade recorded in the past six months. Representative Gilbert Ray Cisneros, Jr. purchased up to $15,000 worth of shares on 10/30. Analyst ratings overwhelmingly favor $CRDO, with most firms issuing positive ratings, including “Outperform,” “Positive,” and “Buy,” suggesting favorable prospects for the company.

Analysts have assigned an array of price targets for $CRDO, with a median target of $220.00 based on recent evaluations. These targets were set by various analysts at different dates, pointing to a positive outlook for the company’s stock performance. It is essential to note that the information provided in this article is not financial advice, and readers are advised to reference Quiver Quantitative’s disclaimer for further details and clarifications regarding the content.