Watch for any upcoming earnings pre-announcement or material event that could have motivated the concentrated selling. If the CEO or CTO continue selling in the next 30 days, the signal intensifies.
Price Chart
Executive Summary
Three CRDO insiders—the CEO, CTO, and Chief Legal Officer—collectively sold $2.04M in open-market shares over a one-week window. The CTO alone sold ~$4.6M across six trades on a single day, while the CEO and CLO each sold $700K-$925K. These are all open-market sales (code S) without any disclosed 10b5-1 plan, representing approximately 0.63% of the company's ~$3.2B market cap. While the dollar amount is modest relative to market cap, the cluster of C-suite selling (CEO + CTO + CLO) is notable and historically has been a bearish signal for this ticker, given the model's poor track record on long calls for CRDO.
Key Financial Metrics
Key Facts
- Three C-suite insiders sold a combined $2.04M in open-market shares over 7 days
- CTO Cheng Chi Fung sold ~$4.6M across six trades on 2026-09-17 alone
- CEO Brennan William Joseph sold $708K on 2026-09-14
- CLO Laufman James sold $925K on 2026-09-21
- No 10b5-1 trading plans disclosed for any of the sales
- Sales represent ~0.63% of CRDO's approximate $3.2B market cap
Financial Impact
Total insider sales of $2.04M, or ~0.63% of market cap, concentrated among three top executives
Risk Factors
- Insiders may have personal liquidity needs unrelated to company outlook
- Sales are modest relative to market cap and could be routine diversification
- No 10b5-1 plan disclosure means sales could still be pre-planned but not formally adopted
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRDO-1790231213200 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 6d ago | Insider Cluster | $147.29 | awaiting T+20 | — | $167.43 (−13.67%) |
Oct 21, 2026 6d ago | Insider Cluster | $162.77 | awaiting T+20 | — | $167.43 (+2.86%) |
Oct 14, 2026 13d ago | Insider Cluster | $178.50 | awaiting T+20 | — | $167.43 (+6.20%) |
Oct 13, 2026 14d ago | 144 | $179.23 | awaiting T+20 | — | $167.43 (−6.58%) |
Oct 13, 2026 14d ago | 144 | $198.31 | awaiting T+20 | — | $167.43 (−15.57%) |
Oct 13, 2026 15d ago | Insider Cluster | $179.23 | awaiting T+20 | — | $167.43 (+6.58%) |
Oct 8, 2026 19d ago | 144 | $216.55 | awaiting T+20 | — | $167.43 (−22.68%) |
Oct 5, 2026 22d ago | Insider Cluster | $220.83 | awaiting T+20 | — | $167.43 (+24.18%) |
Oct 1, 2026 26d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $167.43 (−23.42%) |
Oct 1, 2026 26d ago | Insider Cluster | $218.64 | awaiting T+20 | — | $167.43 (+23.42%) |
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