Victory Capital Management Inc. Has $35.16 Million Stock Position in Credo Technology Group Holding Ltd. $CRDO
Victory Capital Management Inc. significantly reduced its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 63.2% in Q3, ending the period with 241,437 shares valued at $35.16 million. Despite strong Q3 performance from Credo, marked by a 201.5% revenue increase and strategic AI/data-center partnerships, the stock has experienced volatility and significant insider selling. Analysts generally maintain a "Buy" rating on Credo, with a consensus target price of $206.33, though some have trimmed forecasts due to valuation sensitivity.
https://www.marketbeat.com/instant-alerts/filing-victory-capital-management-inc-has-3516-million-stock-position-in-credo-technology-group-holding-ltd-crdo-2026-03-09/