CRDO jumps 20% on optics acquisition
Watch: Watch Q4 earnings and management commentary for confirmation of sustained momentum or deceleration.
Full analysis
CRDO surged 20% after acquiring Dust Photonics for $750M and guiding $500M optics revenue for fiscal 2027. Revenue growth hit 200% quarter-over-quarter with profitability. Despite strong fundamentals, insiders sold $60M+ in shares, signaling caution amid recovery.
The acquisition and revenue guidance signal robust growth potential, but heavy insider selling suggests risk and skepticism about sustainability.
Evidence
6h ago
Needham reit CRDO: Buy → Buy
1d ago
Insider sell by LAM YAT TUNG (CRDO): $56,678,550
1d ago
Insider sell by BRENNAN WILLIAM JOSEPH III (CRDO): $10,417,523
1d ago
Insider sell by BRENNAN WILLIAM JOSEPH III (CRDO): $11,646,398
1d ago
Insider sell by LAM YAT TUNG (CRDO): $13,541,968
1d ago
Insider sell by BRENNAN WILLIAM JOSEPH III (CRDO): $20,994,800
7 older signals
1d ago
Insider sell by TAN LIP-BU (CRDO): $13,358,179
1d ago
Insider sell by TAN LIP-BU (CRDO): $14,542,904
1d ago
Jefferies init CRDO: Buy
1d ago
Insider sell by TAN LIP-BU (CRDO): $18,818,685
1d ago
Insider sell by TAN LIP-BU (CRDO): $11,413,815
1d ago
Insider sell by TAN LIP-BU (CRDO): $10,903,579
1d ago
Insider sell by LAM YAT TUNG (CRDO): $12,705,005
15 signals · latest 6h ago
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