This insider cluster is too small relative to CRDO's $42.6B market cap to carry a bearish signal. The CTO's large multi-trade sale on a single day is consistent with a pre-arranged 10b5-1 plan or tax-related diversification. Monitor next Form 4 filings for any acceleration in selling volume or C-suite participation that would cross the 0.1% materiality threshold.
Price Chart
Executive Summary
Credo Technology Group (CRDO) insiders — the CTO and COO — sold a combined $840K in open-market transactions over a one-week window. The CTO executed a large multi-trade sale of ~27,500 shares worth ~$6.1M on July 21, while the COO sold ~3,100 shares worth $687K on July 15. At a $42.6B market cap, the total cluster value is ~0.002% of market cap, well below the 0.1% materiality threshold, making this a routine liquidity-driven event with no bearish signal.
Key Financial Metrics
Key Facts
- CTO Cheng Chi Fung sold ~27,500 shares for ~$6.1M on July 21 across 8 trades
- COO Lam Yat Tung sold 3,100 shares for $687K on July 15
- Total cluster value of $840K is ~0.002% of CRDO's $42.6B market cap
- Cluster is 100% sells with no open-market buys
- No 10b5-1 plan information provided in the filing
Financial Impact
Total insider sales of ~$840K represent ~0.002% of market cap — trivial and routine
Risk Factors
- Insider selling could accelerate if the stock continues to trade near all-time highs
- No insider buying to offset the selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRDO-1784836872694 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Insider Cluster | $147.29 | awaiting T+20 | — | $161.19 (−9.44%) |
Oct 21, 2026 5d ago | Insider Cluster | $162.77 | awaiting T+20 | — | $161.19 (−0.97%) |
Oct 14, 2026 12d ago | Insider Cluster | $178.50 | awaiting T+20 | — | $161.19 (+9.70%) |
Oct 13, 2026 13d ago | 144 | $179.23 | awaiting T+20 | — | $161.19 (−10.06%) |
Oct 13, 2026 14d ago | 144 | $198.31 | awaiting T+20 | — | $161.19 (−18.72%) |
Oct 13, 2026 14d ago | Insider Cluster | $179.23 | awaiting T+20 | — | $161.19 (+10.06%) |
Oct 8, 2026 18d ago | 144 | $216.55 | awaiting T+20 | — | $161.19 (−25.56%) |
Oct 5, 2026 21d ago | Insider Cluster | $220.83 | awaiting T+20 | — | $161.19 (+27.01%) |
Oct 1, 2026 25d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $161.19 (−26.28%) |
Oct 1, 2026 25d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $161.19 (+26.28%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers