Credo Technology Group Holding Ltd. $CRDO Stake Decreased by IPG Investment Advisors LLC

Posted by Geri Gentry on Nov 4th, 2026

IPG Investment Advisors LLC reduced its holdings in shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO – Free Report) by 30.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,896 shares of the company’s stock after selling 3,422 shares during the quarter. IPG Investment Advisors LLC’s holdings in Credo Technology Group were worth $1,538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Atreides Management LP purchased a new stake in shares of Credo Technology Group during the 1st quarter valued at about $102,434,000. The Manufacturers Life Insurance Company raised its holdings in shares of Credo Technology Group by 192.1% during the first quarter. The Manufacturers Life Insurance Company now owns 1,047,084 shares of the company’s stock valued at $98,290,000 after purchasing an additional 688,596 shares during the last quarter. H&H International Investment LLC raised its holdings in shares of Credo Technology Group by 431.6% during the first quarter. H&H International Investment LLC now owns 751,200 shares of the company’s stock valued at $70,515,000 after purchasing an additional 609,900 shares during the last quarter. Oaktree Capital Management LP bought a new position in Credo Technology Group during the first quarter valued at approximately $50,596,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in Credo Technology Group during the first quarter valued at approximately $44,302,000. 80.46% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CTO Chi Cheng sold 27,500 shares of Credo Technology Group stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $193.93, for a total transaction of $5,333,075.00. Following the transaction, the chief technology officer owned 5,662,397 shares in the company, valued at $1,098,108,650.21. This trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Yat Lam sold 50,000 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $206.30, for a total transaction of $10,315,000.00. Following the sale, the chief operating officer directly owned 2,479,169 shares of the company’s stock, valued at approximately $511,452,564.70. The trade was a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 352,538 shares of company stock worth $67,200,077. Company insiders own 9.06% of the company’s stock.

Credo Technology Group Stock Up 7.8%

Shares of NASDAQ:CRDO opened at $150.91 on Wednesday. The firm’s 50 day moving average price is $185.15 and its 200-day moving average price is $180.71. Credo Technology Group Holding Ltd. has a twelve month low of $86.49 and a twelve month high of $308.67. The stock has a market capitalization of $28.36 billion, a PE ratio of 53.70, a price-to-earnings-growth ratio of 0.56 and a beta of 3.29.

Credo Technology Group (NASDAQ:CRDO – Get Free Report) last announced its earnings results on Tuesday, September 1st. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. Credo Technology Group had a net margin of 33.83% and a return on equity of 28.77%. The company had revenue of $479.00 million during the quarter, compared to analyst estimates of $473.30 million. During the same period in the previous year, the business posted $0.52 earnings per share. The firm’s quarterly revenue was up 114.7% compared to the same quarter last year. Analysts expect that Credo Technology Group Holding Ltd. will post 5.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CRDO has been the topic of several research reports. Zacks Research cut shares of Credo Technology Group from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Rosenblatt Securities reiterated a “neutral” rating and set a $235.00 target price on shares of Credo Technology Group in a research note on Thursday, October 15th. Barclays increased their price target on Credo Technology Group from $260.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Evercore set a $292.00 price target on Credo Technology Group in a research note on Wednesday, September 2nd. Finally, Wall Street Zen lowered Credo Technology Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.67.

Check Out Our Latest Stock Report on CRDO

Credo Technology Group Profile

(Free Report)

Credo Technology Group Holding Ltd. is a fabless semiconductor and connectivity solutions company that develops high-speed data-infrastructure technologies. Its products are designed to help data centers and communications networks move large volumes of information with lower power consumption and improved signal integrity.

The company’s portfolio includes serializer/deserializer (SerDes) intellectual property, application-specific integrated circuits, active electrical cables, optical digital signal processors and related connectivity platforms.