Cheng Chi Fung, an insider at Credo Technology Group Holding Ltd (CRDO), sold 6,520,466 shares on December 21, 2025, at a price of $150.98 per share. The total transaction value reached $984.48 million. Following this sale, Cheng retains 6,520,466 shares in the company.
Credo Technology specializes in developing high-speed connectivity solutions for the data infrastructure market. The company focuses on breaking bandwidth barriers with its products, which are optimized for a range of Ethernet applications, including emerging 100G, 200G, 400G, 800G, and 1.6T port markets. As of December 25, 2025, Credo has a market capitalization of $27.1 billion and a P/E ratio of 127.98.
Insider transactions, such as this one, are reported to the SEC and offer insight into executive sentiment regarding the company’s stock. However, selling activity by a single insider should be considered alongside broader patterns of insider activity and other market factors. Investors are advised to examine multiple insider transactions over time rather than relying on isolated sales for decision-making.
Credo Technology is scheduled to report its next earnings on June 1, 2026, with an estimated EPS of $0.83 and revenue of $365.0 million.