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Credo Technology insiders sold $18M in stock post-strong earnings, causing shares to drop 4.2% on Feb. 2, 2026.
Credo Technology Group (CRDO) shares fell 4.2% to $119.96 on February 2, 2026, after CEO William Joseph Brennan, Director Pantas Sutardja, and CTO Chi Fung Cheng sold a combined 97,391 shares, raising over $18 million.
The sales followed strong earnings reported on December 1, 2025, with $0.67 EPS and a 272% year-over-year revenue surge.
Despite the insider selling, the company maintains a "Buy" analyst consensus and a $216.54 target price, with institutional investors holding 80.46% of the stock.
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Los expertos de Credo Technology vendieron $ 18M en acciones después de fuertes ganancias, lo que provocó que las acciones cayeran un 4.2% el 2 de febrero de 2026.