Syquant Capital Sas Makes New Investment in Credo Technology Group Holding Ltd. $CRDO

Syquant Capital Sas purchased a new stake in shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 342,000 shares of the company’s stock, valued at approximately $49,210,000. Credo Technology Group comprises approximately 6.0% of Syquant Capital Sas’ investment portfolio, making the stock its 9th largest holding. Syquant Capital Sas owned 0.19% of Credo Technology Group as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in Credo Technology Group in the 3rd quarter valued at $25,000. First Horizon Corp bought a new position in Credo Technology Group in the 3rd quarter worth $26,000. Smartleaf Asset Management LLC lifted its position in Credo Technology Group by 133.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 257 shares of the company’s stock worth $38,000 after acquiring an additional 147 shares during the last quarter. Park Place Capital Corp acquired a new position in Credo Technology Group during the 3rd quarter worth $41,000. Finally, Quarry LP boosted its holdings in Credo Technology Group by 642.5% during the third quarter. Quarry LP now owns 297 shares of the company’s stock valued at $43,000 after acquiring an additional 257 shares during the period. 80.46% of the stock is currently owned by institutional investors and hedge funds.

Credo Technology Group News Summary

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

• Positive Sentiment: Credo launched new optical DSP families (Robin and Cardinal) and made 800G ZeroFlap transceivers generally available, positioning the company as a tightly integrated connectivity supplier for high‑bandwidth, power‑sensitive AI datacenter networks — a product catalyst that supports longer‑term revenue and margin upgrades. Article Title
• Positive Sentiment: Credo and Molex reached a settlement in active electrical cable patent disputes, removing a legal overhang that could have been a distraction or potential cost. This reduces litigation risk and uncertainty for investors. Article Title
• Positive Sentiment: Analysts / investment commentary (Zacks) name Credo among top AI data center stocks to consider, highlighting market positioning in the AI buildout — this kind of positive coverage can support investor interest and multiple expansion if adoption evidence follows. Article Title
• Neutral Sentiment: Seeking Alpha pieces present mixed views: one frames Credo as a potentially attractive contrarian buy after a selloff, while another asks whether Credo is still a one‑product story or an emerging platform — useful context but not immediate catalysts. Selloff Article
• Neutral Sentiment: Rosenblatt Securities reiterated a “Neutral” rating on CRDO, which can limit upside in the near term by signaling caution to investors despite company momentum. Article Title
• Neutral Sentiment: General market/education pieces (stock‑screening tools) mentioning CRDO are background interest drivers but are unlikely to move the stock materially on their own. Article Title

Insider Transactions at Credo Technology Group

In other news, CTO Chi Fung Cheng sold 55,000 shares of Credo Technology Group stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $143.41, for a total transaction of $7,887,550.00. Following the sale, the chief technology officer directly owned 6,448,961 shares in the company, valued at approximately $924,845,497.01. The trade was a 0.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William Joseph Brennan sold 50,000 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $127.69, for a total transaction of $6,384,500.00. Following the completion of the sale, the chief executive officer directly owned 1,832,502 shares in the company, valued at approximately $233,992,180.38. The trade was a 2.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 426,101 shares of company stock valued at $56,010,645 over the last ninety days. 11.84% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Wolfe Research set a $240.00 price target on Credo Technology Group in a research report on Tuesday, December 2nd. Roth Mkm decreased their target price on Credo Technology Group from $250.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $125.00 target price on shares of Credo Technology Group in a report on Monday. Needham & Company LLC reaffirmed a “buy” rating and issued a $220.00 price target on shares of Credo Technology Group in a research report on Tuesday, March 3rd. Finally, The Goldman Sachs Group set a $165.00 price target on Credo Technology Group and gave the stock a “buy” rating in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $206.33.

Credo Technology Group Stock Down 7.2%

Credo Technology Group stock opened at $96.44 on Friday. The business has a 50 day moving average price of $118.94 and a two-hundred day moving average price of $141.61. Credo Technology Group Holding Ltd. has a 12 month low of $29.09 and a 12 month high of $213.80. The stock has a market cap of $17.79 billion, a price-to-earnings ratio of 53.58 and a beta of 2.67.

Credo Technology Group (NASDAQ:CRDO) last announced its quarterly earnings data on Monday, March 2nd. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.29. The company had revenue of $407.01 million for the quarter, compared to analyst estimates of $385.94 million. Credo Technology Group had a return on equity of 29.63% and a net margin of 31.81%.Credo Technology Group’s revenue for the quarter was up 201.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.25 EPS. On average, analysts expect that Credo Technology Group Holding Ltd. will post 0.13 earnings per share for the current fiscal year.

Credo Technology Group Profile

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.