Credo Technology Group Holding Ltd. $CRDO is Oxbow Capital Management HK Ltd’s 2nd Largest Position

Oxbow Capital Management HK Ltd grew its stake in shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 31.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 687,500 shares of the company’s stock after acquiring an additional 162,500 shares during the period. Credo Technology Group comprises about 17.5% of Oxbow Capital Management HK Ltd’s holdings, making the stock its 2nd biggest position. Oxbow Capital Management HK Ltd owned about 0.40% of Credo Technology Group worth $100,107,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CRDO. Atlantic Union Bankshares Corp purchased a new position in Credo Technology Group in the 3rd quarter valued at approximately $25,000. First Horizon Corp purchased a new stake in Credo Technology Group during the third quarter worth $26,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Credo Technology Group in the second quarter valued at $27,000. Smartleaf Asset Management LLC grew its holdings in Credo Technology Group by 133.6% in the third quarter. Smartleaf Asset Management LLC now owns 257 shares of the company’s stock valued at $38,000 after purchasing an additional 147 shares during the last quarter. Finally, Park Place Capital Corp purchased a new position in shares of Credo Technology Group in the third quarter valued at $41,000. Hedge funds and other institutional investors own 80.46% of the company’s stock.

Insider Activity

In other news, Director Sylvia Acevedo sold 2,200 shares of Credo Technology Group stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $159.18, for a total transaction of $350,196.00. Following the completion of the sale, the director directly owned 18,545 shares in the company, valued at $2,951,993.10. The trade was a 10.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Chi Fung Cheng sold 27,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $117.60, for a total transaction of $3,234,000.00. Following the completion of the transaction, the chief technology officer directly owned 6,272,370 shares of the company’s stock, valued at approximately $737,630,712. This represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 518,601 shares of company stock valued at $70,752,445. 11.84% of the stock is owned by corporate insiders.

Credo Technology Group News Summary

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

• Positive Sentiment: Strong quarterly results and growth outlook: Credo reported a record quarter with a sizable EPS and revenue beat, plus high margins and strong year‑over‑year revenue growth — a key reason investors have been bidding the stock up. Credo Technology Soars on Record Earnings and Growth
• Positive Sentiment: Product visibility at OFC 2026: Credo will showcase optical solutions for AI scale‑out fabrics at the OFC conference, highlighting demand exposure to AI/datacenter customers that can support revenue growth. Credo to Showcase Optical Solutions for AI Scale-Out Fabrics at OFC 2026
• Positive Sentiment: Analyst/BRI commentary bullish on long‑term thesis: A recent Seeking Alpha piece highlights growing hyperscaler adoption, ~88% AEC market share, and an R&D/sampling pipeline (next‑gen 1.6Tb AECs and active cables) that could drive material revenue recognition in FY2027 — supporting a constructive investment case. Credo: Meltdown’s A Gift – Growing Hyperscaler Adoption, Robust R&D/Sampling Cadence
• Neutral Sentiment: Short interest reporting appears anomalous: Recent short‑interest entries show 0 shares and NaN changes — likely a reporting/data issue rather than a meaningful change in bearish positioning; this should be treated as neutral until clarified.
• Negative Sentiment: Insider sales by senior executives may create short‑term pressure: CEO William Brennan sold a total of 68,016 shares on March 11 (multiple filings) and CTO Chi Fung Cheng sold 27,500 shares the same day. These disclosures can trigger investor concern about insider liquidity or timing, even though insiders still hold large positions. SEC filings: CEO Form 4 and CTO Form 4

Credo Technology Group Stock Up 5.5%

NASDAQ CRDO opened at $117.69 on Friday. Credo Technology Group Holding Ltd. has a fifty-two week low of $29.09 and a fifty-two week high of $213.80. The business has a fifty day moving average of $126.75 and a 200-day moving average of $143.04. The stock has a market cap of $21.71 billion, a price-to-earnings ratio of 65.38 and a beta of 2.67.

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

Analyst Upgrades and Downgrades

CRDO has been the subject of several research reports. Roth Mkm cut their price target 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. Stifel Nicolaus set a $200.00 price objective on shares of Credo Technology Group in a research note on Tuesday, March 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Credo Technology Group in a report on Monday, December 29th. Rosenblatt Securities reduced their price target on shares of Credo Technology Group from $170.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Finally, TD Cowen reiterated a “buy” rating on shares of Credo Technology Group in a research report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Credo Technology Group has an average rating of “Buy” and an average price target of $206.33.

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.