The cluster of C-suite sales immediately after a revenue miss and below-consensus guidance is a bearish signal, though the dollar amount is tiny relative to market cap. Monitor for additional insider sales in the next 30 days and watch the Q1 FY2027 earnings report for any further guidance weakness.
Price Chart
Executive Summary
Three CRDO insiders, including the CTO and Chief Legal Officer, sold a total of $3.12M in open-market sales over a 3-day window following the Q4 FY2026 earnings release. The CEO also sold $1.18M on June 5. While the dollar amount is modest relative to the $41B market cap (0.008%), the cluster includes C-suite executives selling immediately after a quarter where revenue missed consensus and guidance came in below expectations, raising caution flags.
Key Financial Metrics
Key Facts
- Three insiders sold $3.12M in open-market sales over 3 days (June 3-5, 2026)
- CEO William Brennan sold $1.18M on June 5, the day after the earnings filing
- Q4 FY2026 revenue of $437.0M missed consensus of $470.4M (-7.1% miss)
- Q1 FY2027 revenue guidance of $465M-$475M midpoint ($470M) below consensus midpoint ($470.4M)
- Total insider sales of $3.12M represent ~0.008% of $41B market cap
Financial Impact
Insider sales of $3.12M, trivial relative to $41B market cap (0.008%)
Risk Factors
- Further insider selling could amplify negative sentiment
- Revenue miss and soft guidance may pressure the stock near term
- CEO's large performance-based equity grant may not offset execution risk
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-1781035407271 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Insider Cluster | $147.29 | awaiting T+20 | — | $147.29 (+0.00%) |
Oct 21, 2026 5d ago | Insider Cluster | $162.77 | awaiting T+20 | — | $147.29 (−9.51%) |
Oct 14, 2026 12d ago | Insider Cluster | $178.50 | awaiting T+20 | — | $147.29 (+17.48%) |
Oct 13, 2026 13d ago | 144 | $179.23 | awaiting T+20 | — | $147.29 (−17.82%) |
Oct 13, 2026 13d ago | 144 | $198.31 | awaiting T+20 | — | $147.29 (−25.73%) |
Oct 13, 2026 14d ago | Insider Cluster | $179.23 | awaiting T+20 | — | $147.29 (+17.82%) |
Oct 8, 2026 18d ago | 144 | $216.55 | awaiting T+20 | — | $147.29 (−31.98%) |
Oct 5, 2026 21d ago | Insider Cluster | $220.83 | awaiting T+20 | — | $147.29 (+33.30%) |
Oct 1, 2026 25d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $147.29 (−32.63%) |
Oct 1, 2026 25d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $147.29 (+32.63%) |
US Market Status
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