Geneos Wealth Management Inc. Has $1.86 Million Stock Position in Credo Technology Group Holding Ltd. $CRDO

Geneos Wealth Management Inc. reduced its stake in shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 39.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,900 shares of the company’s stock after selling 8,513 shares during the period. Geneos Wealth Management Inc.’s holdings in Credo Technology Group were worth $1,856,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CRDO. Atlantic Union Bankshares Corp bought a new position in shares of Credo Technology Group during the 3rd quarter worth approximately $25,000. Crewe Advisors LLC grew its stake in shares of Credo Technology Group by 163.1% during the 4th quarter. Crewe Advisors LLC now owns 171 shares of the company’s stock worth $25,000 after acquiring an additional 106 shares in the last quarter. First Horizon Corp bought a new position in shares of Credo Technology Group during the 3rd quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new position in shares of Credo Technology Group during the 4th quarter worth approximately $32,000. Finally, Smallwood Wealth Investment Management LLC bought a new position in shares of Credo Technology Group during the 4th quarter worth approximately $36,000. 80.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Credo Technology Group

In related news, CEO William Joseph Brennan sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $117.68, for a total value of $5,884,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,782,502 shares of the company’s stock, valued at approximately $209,764,835.36. This trade represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Chi Fung Cheng sold 27,500 shares of the firm’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $127.37, for a total transaction of $3,502,675.00. Following the completion of the transaction, the chief technology officer directly owned 6,299,870 shares of the company’s stock, valued at $802,414,441.90. This represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 428,999 shares of company stock valued at $52,946,445 over the last three months. 11.84% of the stock is owned by company insiders.

Credo Technology Group Stock Performance

NASDAQ:CRDO opened at $195.04 on Monday. Credo Technology Group Holding Ltd. has a 1-year low of $40.17 and a 1-year high of $213.80. The firm has a fifty day simple moving average of $122.15 and a 200 day simple moving average of $138.60. The stock has a market capitalization of $35.98 billion, a PE ratio of 108.36 and a beta of 2.72.

Credo Technology Group (NASDAQ:CRDO) last released its earnings results on Monday, March 2nd. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.29. Credo Technology Group had a net margin of 31.81% and a return on equity of 29.63%. The business had revenue of $407.01 million during the quarter, compared to analysts’ expectations of $385.94 million. During the same period last year, the business earned $0.25 earnings per share. The firm’s revenue was up 201.5% on a year-over-year basis. On average, equities analysts predict that Credo Technology Group Holding Ltd. will post 2.36 earnings per share for the current fiscal year.

Credo Technology Group News Roundup

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

• Positive Sentiment: Strong recent results and margin/FCF beat reinforce a premium growth narrative (Q3 FY2026 sales ~$407M, ~68.6% gross margin, ~$140M FCF) and underpin bullish analyst commentary. Credo: Optical Expansion Unlocks Next Leg Higher
• Positive Sentiment: Credo advanced a proposed acquisition of silicon-photonics specialist DustPhotonics and unveiled its OmniConnect “Weaver” solution plus 224G PAM4 SerDes IP — moves that expand the company into optics and vertical integration for AI data-center connectivity. Credo (CRDO) Is Up 12.6% After DustPhotonics Deal And New AI Connectivity Platform Push
• Positive Sentiment: Product and partnership visibility at TSMC’s 2026 Technology Symposium (Santa Clara) highlights Credo’s go-to-market for next‑gen AI infrastructure, supporting demand hopes from hyperscalers. Credo to Highlight Next-Generation Connectivity Solutions for AI Infrastructure at TSMC 2026 Technology Symposium
• Positive Sentiment: Broader semiconductor/AI tailwinds are lifting names like Credo, and industry commentary (Zacks) includes CRDO among beneficiaries of rising AI/ML and data‑center spending. 3 Stocks to Buy From the Prospering Semiconductor Industry
• Neutral Sentiment: Market commentary (MarketBeat) highlights CRDO as a strong chip-stock performer in the current market rally, reinforcing investor interest but not adding new fundamentals. Credo Technology Group (CRDO) MarketBeat Page
• Neutral Sentiment: Broad TV/market mentions (e.g., Jim Cramer coverage rounds) increase awareness but are not CRDO‑specific catalysts. Cramer Names ‘The Stocks That Got Away’
• Negative Sentiment: Insider selling: CTO Chi Fung Cheng sold 27,500 shares (~$5.17M) on April 22 under a pre-arranged Rule 10b5-1 plan (represents a small ~0.45% reduction). While the sale is likely scheduled, some investors view insider sales as a short‑term negative signal. SEC Form 4 – Chi Fung Cheng
• Negative Sentiment: Contrarian/valuation concerns persist in some analyst pieces that warn CRDO’s run-up and premium multiples leave execution and integration risk if optics roll‑out or DustPhotonics integration falter. The Contrarian View On Credo Technology

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CRDO. Needham & Company LLC reaffirmed a “buy” rating and set a $220.00 price target on shares of Credo Technology Group in a research note on Wednesday, April 15th. Barclays reaffirmed an “overweight” rating and set a $260.00 price target on shares of Credo Technology Group in a research note on Thursday, January 15th. Susquehanna decreased their price target on shares of Credo Technology Group from $230.00 to $170.00 and set a “positive” rating for the company in a research note on Tuesday, March 3rd. Zacks Research cut shares of Credo Technology Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Rosenblatt Securities raised their price target on shares of Credo Technology Group from $125.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Credo Technology Group currently has an average rating of “Moderate Buy” and an average target price of $207.81.

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.