Banque Cantonale Vaudoise Acquires 12,219 Shares of Credo Technology Group Holding Ltd. $CRDO

Banque Cantonale Vaudoise raised its holdings in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 148.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,456 shares of the company’s stock after buying an additional 12,219 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Credo Technology Group were worth $2,944,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Credo Technology Group by 9.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 271,067 shares of the company’s stock worth $39,004,000 after buying an additional 23,332 shares during the last quarter. Optimize Financial Inc bought a new stake in shares of Credo Technology Group in the 3rd quarter worth approximately $1,431,000. Estate Counselors LLC bought a new stake in shares of Credo Technology Group in the 3rd quarter worth approximately $2,548,000. M&T Bank Corp grew its position in shares of Credo Technology Group by 428.8% in the 4th quarter. M&T Bank Corp now owns 13,427 shares of the company’s stock worth $1,932,000 after buying an additional 10,888 shares during the last quarter. Finally, FengHe Fund Management Pte. Ltd. grew its position in shares of Credo Technology Group by 5.7% in the 4th quarter. FengHe Fund Management Pte. Ltd. now owns 162,269 shares of the company’s stock worth $23,349,000 after buying an additional 8,769 shares during the last quarter. 80.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Credo Technology Group news, CEO William Joseph Brennan sold 50,000 shares of Credo Technology Group stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $117.68, for a total transaction of $5,884,000.00. Following the completion of the transaction, the chief executive officer owned 1,782,502 shares in the company, valued at approximately $209,764,835.36. The trade was a 2.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Chi Fung Cheng sold 27,500 shares of Credo Technology Group stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $117.60, for a total value of $3,234,000.00. Following the transaction, the chief technology officer owned 6,272,370 shares of the company’s stock, valued at $737,630,712. The trade was a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 386,608 shares of company stock valued at $50,371,351 in the last quarter. 11.84% of the stock is owned by company insiders.

Credo Technology Group News Roundup

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

• Positive Sentiment: Credo announced that CEO Bill Brennan and CFO Dan Fleming will present at upcoming investor conferences, which can increase visibility with institutional investors and keep attention on the stock. Credo to Present at Upcoming Investor Conferences
• Positive Sentiment: Credo also said it is working with Rebellions to improve operational efficiency in enterprise AI factories, reinforcing demand for its connectivity products in AI infrastructure. Credo and Rebellions Work Together to Maximize Operational Efficiency in Enterprise AI Factories
• Positive Sentiment: The stock is benefiting from renewed interest in AI data center connectivity and fresh analyst upgrades, which has helped offset a recent pullback and brought the valuation back into focus. A Look At Credo Technology Group Holding (CRDO) Valuation After AI Connectivity Interest And Analyst Upgrades
• Neutral Sentiment: Recent headlines also note that investors are positioning ahead of Credo’s upcoming Q4 and full-year 2026 earnings, suggesting the next catalyst will likely be the company’s results and guidance. Credo Technology (CRDO) Soars 8% as Investors Gear Up for Earnings
• Negative Sentiment: Some market commentary warned the recent selloff may reflect concerns about whether hyperscaler capex can justify Credo’s rich earnings multiple, which could limit upside if growth expectations cool. Buy, Sell or Hold Credo Technology After the Selloff to $150?

Credo Technology Group Trading Up 8.3%

Shares of NASDAQ:CRDO opened at $182.98 on Thursday. The stock has a fifty day simple moving average of $143.14 and a two-hundred day simple moving average of $142.48. The stock has a market capitalization of $33.75 billion, a price-to-earnings ratio of 101.66 and a beta of 3.17. Credo Technology Group Holding Ltd. has a 12-month low of $59.00 and a 12-month high of $213.80.

Credo Technology Group (NASDAQ:CRDO) last announced its quarterly earnings data on Monday, March 2nd. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.29. The business had revenue of $407.01 million during the quarter, compared to analysts’ expectations of $385.94 million. Credo Technology Group had a return on equity of 29.63% and a net margin of 31.81%.The firm’s quarterly revenue was up 201.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.25 earnings per share. As a group, equities research analysts predict that Credo Technology Group Holding Ltd. will post 2.36 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings lowered Credo Technology Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Craig Hallum restated a “buy” rating and issued a $200.00 target price on shares of Credo Technology Group in a research note on Tuesday, March 3rd. Zacks Research cut Credo Technology Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Jefferies Financial Group initiated coverage on Credo Technology Group in a research note on Monday, April 13th. They issued a “buy” rating and a $175.00 target price for the company. Finally, Mizuho lowered their target price on Credo Technology Group from $225.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $207.71.

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.