<div id="readability-page-1"><p>Thompson Davis &amp; CO. Inc. acquired a new stake in  Credo Technology Group Holding Ltd. (NASDAQ:CRDO - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,125 shares of the company's stock, valued at approximately $382,000.</p><div><p><span></span><span>Get <strong>Credo Technology Group</strong> alerts:</span></p></div><ul><li>3 Under-the-Radar Stocks Set to Benefit From Oracle’s Boom</li></ul><p>Other large investors have also recently modified their holdings of the company. Operose Advisors LLC lifted its position in  Credo Technology Group by 69.2% in the first quarter. Operose Advisors LLC now owns 616 shares of the company's stock worth $25,000 after buying an additional 252 shares during the last quarter.  Northwestern Mutual Wealth Management Co. purchased a new stake in  Credo Technology Group in the first quarter worth $25,000.  Harbour Investments Inc. purchased a new stake in shares of  Credo Technology Group during the first quarter valued at $29,000.  Virtus Advisers LLC bought a new position in shares of  Credo Technology Group in the first quarter worth about $31,000.  Finally, Wolff Wiese Magana LLC increased its stake in  Credo Technology Group by 200.0% in the 2nd quarter. Wolff Wiese Magana LLC now owns 450 shares of the company's stock worth $42,000 after buying an additional 300 shares during the period. Institutional investors own  80.46% of the company's stock. </p><h2>Insider Buying and Selling at Credo Technology Group</h2><p>In other news, COO Yat Tung Lam sold 80,000 shares of Credo Technology Group stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $169.27, for a total value of $13,541,600.00. Following the transaction, the chief operating officer owned 770,000 shares of the company's stock, valued at $130,337,900. The trade was a 9.41% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this link. Also, Director Manpreet Khaira sold 5,000 shares of the business's stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $149.67, for a total transaction of $748,350.00. Following the transaction, the director owned 58,574 shares of the company's stock, valued at approximately $8,766,770.58. This trade represents a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 973,161 shares of company stock valued at $149,011,579. 11.84% of the stock is currently owned by corporate insiders. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>A New All-Time High Is Coming Soon for Credo Technology Group</li></ul><p>Several research firms have issued reports on CRDO. JPMorgan Chase &amp; Co. began coverage on shares of Credo Technology Group in a research report on Friday, October 17th. They issued an &#34;overweight&#34; rating and a $165.00 price objective for the company. Mizuho lifted their price target on shares of Credo Technology Group from $135.00 to $155.00 and gave the company an &#34;outperform&#34; rating in a research note on Thursday, September 4th. Stifel Nicolaus  set a $160.00 price objective on Credo Technology Group in a research note on Wednesday, October 1st. Susquehanna raised their price objective on Credo Technology Group from $165.00 to $175.00 and gave the stock a &#34;positive&#34; rating in a report on Wednesday, October 22nd. Finally, Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Credo Technology Group in a research report on Wednesday, October 8th. One equities research analyst  has rated the stock with a Strong Buy rating, thirteen have issued  a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $140.36.</p><p><b>Read Our Latest Stock Analysis on Credo Technology Group</b></p><h2>Credo Technology Group Stock Down 6.5%</h2><ul><li>Credo Technology Stock is Rebounding </li></ul><p>Credo Technology Group stock opened at $149.98 on Thursday. The firm has a market cap of $25.95 billion, a P/E ratio of 233.23 and a beta of 2.62. The business has a fifty day moving average of $154.31 and a two-hundred day moving average of $111.07. Credo Technology Group Holding Ltd. has a twelve month low of $29.09 and a twelve month high of $193.50. </p><p>Credo Technology Group (NASDAQ:CRDO - Get Free Report) last released its quarterly earnings results on Wednesday, September 3rd. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.02). Credo Technology Group had a return on equity of 19.02% and a net margin of 20.85%.The company had revenue of $223.07 million during the quarter, compared to the consensus estimate of $190.63 million. During the same period in the previous year, the firm posted $0.04 earnings per share. The company's revenue was up 273.6% on a year-over-year basis.  Credo Technology Group has set its Q2 2026 guidance at  EPS. Equities analysts expect that  Credo Technology Group Holding Ltd. will post 0.13 earnings per share for the current year. </p><h2>Credo Technology Group Company Profile</h2> (Free Report)<p>Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Credo Technology Group</li><li>Investing in Travel Stocks Benefits</li><li>Oklo’s Meltdown Is Over: A Robust Rebound Lies Ahead</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming</li><li>How to Choose Top Rated Stocks</li><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1JETw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1JETw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Credo Technology Group Right Now?</h2><p>Before you consider Credo Technology Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Credo Technology Group wasn't on the list.</p><p>While Credo Technology Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CRDO

<p>Thompson Davis & CO. Inc. acquired 4,125 shares of Credo Technology Group (NASDAQ:CRDO) valued at $382,000 in Q2. Insider trading included COO Yat Tung Lam selling 80,000 shares and Director Manpreet Khaira selling 5,000 shares. Analysts have given the stock a "Moderate Buy" rating with an average price target of $140.36. Credo Technology's stock opened at $149.98, with a market cap of $25.95 billion.</p>

4,125 Shares in Credo Technology Group Holding Ltd. $CRDO Purchased by Thompson Davis & CO. Inc.