Value Aligned Research Advisors LLC Makes New Investment in Credo Technology Group Holding Ltd. $CRDO

Key Points

• Value Aligned Research Advisors acquired 337,998 Credo Technology shares worth approximately $91.9 million, giving it a 0.18% stake. Institutional investors collectively own 80.46% of the company.
• Credo reported strong quarterly results, with revenue rising 114.7% year over year to $479 million and EPS of $1.20 exceeding the $1.17 consensus estimate.
• Analyst sentiment remains bullish overall, with a “Moderate Buy” consensus and an average price target of $267.39, although concerns persist over margins, insider selling, customer concentration and valuation.

Value Aligned Research Advisors LLC acquired a new stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 337,998 shares of the company's stock, valued at approximately $91,919,000. Value Aligned Research Advisors LLC owned about 0.18% of Credo Technology Group as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Reflection Asset Management purchased a new position in Credo Technology Group during the fourth quarter worth approximately $25,000. Acumen Wealth Advisors LLC purchased a new stake in Credo Technology Group in the 4th quarter valued at $25,000. AlphaCentric Advisors LLC purchased a new stake in Credo Technology Group in the 1st quarter valued at $33,000. Van ECK Associates Corp acquired a new stake in shares of Credo Technology Group in the 4th quarter worth $37,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Credo Technology Group in the 1st quarter worth $38,000. Institutional investors and hedge funds own 80.46% of the company's stock.

Analyst Ratings Changes

CRDO has been the topic of a number of analyst reports. Evercore set a $292.00 target price on shares of Credo Technology Group in a research note on Wednesday. Zacks Research lowered shares of Credo Technology Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 3rd. Weiss Ratings reiterated a "hold (c+)" rating on shares of Credo Technology Group in a report on Friday, August 21st. Needham & Company LLC increased their price objective on Credo Technology Group from $220.00 to $275.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $250.00 target price on shares of Credo Technology Group in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $267.39.

Credo Technology Group Stock Up 3.9%

Shares of Credo Technology Group stock opened at $170.57 on Friday. Credo Technology Group Holding Ltd. has a 52-week low of $86.49 and a 52-week high of $308.67. The company has a market capitalization of $32.06 billion, a P/E ratio of 60.70, a P/E/G ratio of 0.69 and a beta of 3.22. The company has a 50 day moving average of $230.31 and a 200 day moving average of $189.00.

Credo Technology Group (NASDAQ:CRDO - Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.03. The business had revenue of $479.00 million for the quarter, compared to the consensus estimate of $473.30 million. Credo Technology Group had a return on equity of 28.77% and a net margin of 33.83%.The business's revenue for the quarter was up 114.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.52 EPS. As a group, research analysts anticipate that Credo Technology Group Holding Ltd. will post 5.02 earnings per share for the current fiscal year.

Insider Transactions at Credo Technology Group

In other Credo Technology Group news, CTO Chi Cheng sold 27,500 shares of the business's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $259.53, for a total transaction of $7,137,075.00. Following the sale, the chief technology officer directly owned 5,992,370 shares in the company, valued at approximately $1,555,199,786.10. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Yat Lam sold 55,441 shares of the business's stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $213.02, for a total transaction of $11,810,041.82. Following the sale, the chief operating officer directly owned 2,529,169 shares in the company, valued at approximately $538,763,580.38. This represents a 2.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 377,884 shares of company stock valued at $88,559,765. Corporate insiders own 9.06% of the company's stock.

Trending Headlines about Credo Technology Group

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

• Positive Sentiment: Credo reported revenue of $479 million, up 115% year over year, while adjusted EPS of $1.20 exceeded the $1.17 consensus estimate. Management expects fiscal-year revenue growth of more than 85%, with optical revenue surpassing $600 million as a second growth engine develops. Why I Doubled Down On Credo
• Positive Sentiment: Bullish analysts argue that the market’s margin fears are overstated and that the optical business should scale meaningfully in the second half of fiscal 2027. DustPhotonics also expands Credo’s opportunities in silicon photonics, 800G, 1.6T and near-package optics. Credo And The Illusion Of Its Q1 Problems
• Positive Sentiment: Stifel Nicolaus reiterated a Buy view, while Rosenblatt raised its price target to $235, supporting the case that the recent valuation reset may have been excessive. Stifel Buy Rating
• Neutral Sentiment: Analysts remain divided. Bank of America lowered its price target to $275, while other analysts maintain bullish ratings, reflecting uncertainty over how quickly optical products will ramp and whether margins can stabilize. Bank of America Price Target
• Negative Sentiment: Bears point to shrinking gross margins, rising operating costs, approximately $88 million in quarterly stock-based compensation, insider selling and customer concentration exceeding 60% of revenue. They also question the durability of the optical outlook, competition from Marvell and the risk of slower hyperscaler capital spending after fiscal 2028. Credo: This Is Not A Buying Opportunity

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.

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