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Credo Technology Group Holding Ltd [CRDO]

Reporting date: 10/08/2025

⚠️ Bearish Insider Sale Detected

📝 What Happened

  • Insider: Fleming Daniel W.
  • Role: Chief Financial Officer
  • Company: Credo Technology Group Holding Ltd (CRDO)
  • Transaction Date(s): 2025-10-08
  • Table I (Non-Derivative Securities)
    • Sale : 112,580
    • Average Sale Price: $137.8361, $138.6003, $139.4195 (weighted average ≈ $138.20)
    • Total Value: 112,580 * $138.20 ≈ $15,558,280
    • Post-Transaction Direct Holdings: 458,678
    • Indirect Holdings: 0
    • 10b5-1 Plan Used? Yes (footnote: plan adopted June 19, 2025)

📄 Summary

Fleming Daniel W., Chief Financial Officer at Credo Technology Group Holding Ltd (CRDO), sold 112,580 Ordinary Shares on October 8, 2025, at an average price of $138.20, realizing proceeds of about ~$15,558,280. After the transaction, he retains 458,678 direct shares and has no indirect holdings. For retail traders, this is a neutral-to-slightly bearish event: scheduled plan sale of a meaningful but not controlling portion of ownership.

🔑 Interpretation

  • Type: Executed under a 10b5-1 trading plan (pre-arranged, non-discretionary)
  • Disposition: Shares were sold (disposed) in market trades as part of the pre-set plan
  • Size Context: The insider sold 112,580 shares — roughly 19.7% of his prior holding (~571,258 shares before these sales) — a material chunk but not a full divestment; looks like scheduled profit-taking rather than an exit.
  • ATH Metric: Using the most recent close as a reference point, this trade does not appear timed at an extreme all-time high or low; sales occurred under a 10b5-1 plan rather than as an opportunistic one-off tied to a peak or trough in the stock's history.
  • Outlier Check: The sale is sizable but consistent with periodic, plan-driven dispositions; nothing in this single filing indicates an unusually large or atypical one-off sale by this insider.

📊 Bullish or Bearish?

Neutral → Slightly Bearish

Neutral → Slightly Bearish. The filing shows scheduled 10b5-1 sales totaling 112,580 shares (~$15.6M). Because the trades were executed under a pre-arranged plan and the insider retains a substantial stake, this reads as routine profit-taking rather than a definitive negative signal. Data completeness is good for this filing but cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like routine profit-taking under a 10b5-1 plan rather than a clear bearish signal. For retail traders, it’s likely noise — not a tradeable event on its own unless corroborated by additional insider sales from multiple senior executives.