Credo Technology Group (NASDAQ:CRDO) Stock Unloaded Sen. Markwayne Mullin

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO). In a filing disclosed on January 13th, the Senator disclosed that they had sold between $15,001 and $50,000 in Credo Technology Group stock on December 18th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Applied Industrial Technologies (NYSE:AIT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Stride (NYSE:LRN) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of MasTec (NYSE:MTZ) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/17/2025.

Credo Technology Group Stock Performance

NASDAQ CRDO opened at $156.84 on Thursday. The stock has a 50-day simple moving average of $153.41 and a 200 day simple moving average of $138.22. Credo Technology Group Holding Ltd. has a twelve month low of $29.09 and a twelve month high of $213.80. The stock has a market capitalization of $28.33 billion, a PE ratio of 137.58 and a beta of 2.66.

Credo Technology Group (NASDAQ:CRDO) last issued its quarterly earnings results on Monday, December 1st. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.49 by $0.18. Credo Technology Group had a return on equity of 25.28% and a net margin of 26.63%.The company had revenue of $268.03 million for the quarter, compared to the consensus estimate of $234.99 million. During the same period in the previous year, the business posted $0.07 EPS. The company’s revenue for the quarter was up 272.1% on a year-over-year basis. As a group, equities research analysts forecast that Credo Technology Group Holding Ltd. will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Credo Technology Group

A number of institutional investors have recently added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp bought a new position in Credo Technology Group in the 3rd quarter valued at $25,000. First Horizon Corp acquired a new stake in shares of Credo Technology Group in the third quarter valued at $26,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Credo Technology Group in the second quarter valued at about $27,000. 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 buying an additional 147 shares in the last quarter. Finally, Park Place Capital Corp bought a new stake in Credo Technology Group during the 3rd quarter worth about $41,000. 80.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CRDO. Roth Capital upped their target price on shares of Credo Technology Group from $170.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Susquehanna boosted their price objective on shares of Credo Technology Group from $165.00 to $175.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Mizuho increased their target price on shares of Credo Technology Group from $165.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, December 2nd. Needham & Company LLC lifted their target price on Credo Technology Group from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Credo Technology Group in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $217.08.

Insider Activity at Credo Technology Group

In other Credo Technology Group news, CFO Daniel W. Fleming sold 3,902 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $140.15, for a total value of $546,865.30. Following the completion of the transaction, the chief financial officer directly owned 446,178 shares of the company’s stock, valued at approximately $62,531,846.70. The trade was a 0.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William Joseph Brennan sold 9,476 shares of the stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $139.54, for a total transaction of $1,322,281.04. Following the sale, the chief executive officer directly owned 270,641 shares in the company, valued at $37,765,245.14. This trade represents a 3.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,088,276 shares of company stock worth $167,068,167. 11.84% of the stock is owned by insiders.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Credo Technology Group Company 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.