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EdgarHawk

Chi Fung Cheng

Chief Technology Officer

Director Officer

Latest: CTO selling · April 2026

74 filings analyzed · 1 company · Latest 2026-06-25

Companies

Company Buys Sells Direction
Credo Technology Group Holding Ltd CRDO 0 468 Net selling

Activity

June 2026
Sell
27,500 shares
$7,450,979
Significance 3/10

CTO Chi Fung Cheng executes 14 separate sales totaling 27,500 shares for $7,450,978.83 under pre-arranged 10b5-1 plan

Chi Fung Cheng, Chief Technology Officer at Credo Technology Group Holding Ltd, executed 14 separate sales totaling 27,500 shares for $7,450,978.83 on 2026-06-23, representing a 0.5% reduction from his 5.96M share position. This transaction was executed under a pre-arranged 10b5-1 trading plan adopted on 2025-09-05, meaning the sales were scheduled and not discretionary. At the time of filing, CRDO stock was trading at $268.03, approximately 13.2% below its 52-week high of $308.67 but up 20.9% over the prior 30 days. The company reported strong recent fundamentals with revenue of $407.0M, net income of $157.1M, and annual revenue growth of 126.3%, though the stock carries a high valuation multiple (P/E 145.67). As a scheduled disposition under a 10b5-1 plan, this transaction reflects pre-existing commitments rather than a discretionary trading decision by the executive.

Sell
27,500 shares
$6,783,985
Significance 3/10

CTO Chi Fung Cheng sells 27,500 shares for $6,783,985.43 under pre-arranged 10b5-1 plan; holds 5,964,870 post-transaction

Chi Fung Cheng executed 17 separate sales totaling 27,500 shares for $6,783,985.43 on 2026-06-16 at prices ranging from $239.60 to $257.61, with a blended average price of $246.69. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-09-05, meaning the sales were scheduled in advance and not discretionary decisions made in response to current market conditions. Post-transaction holdings of 5,964,870 shares represent a -0.5% reduction against prior holdings, a modest fraction of his total position. CRDO's stock has risen 60.9% over 30 days and 162.9% over 90 days, trading at $271.83 current price, near its 52-week high of $271.51. The company posted strong recent fundamentals with annual revenue growth of +126.3% and net income of $157,142,000.00 in the latest quarter, though the P/E of 147.73 reflects a substantially elevated valuation multiple. The scheduled nature of these sales under the 10b5-1 plan removes any inference of discretionary timing or conviction-based positioning from the transaction itself.

Sell
27,500 shares
$7,136,962
Significance 4/10

CTO Chi Fung Cheng sells 27,500 shares at blended $259.53 per 10b5-1 plan; stock up 30-day +33.3%, holdings now 5.99M

Chi Fung Cheng executed 20 separate sales totaling 27,500 shares for $7,136,961.85 on 2026-06-11 under a pre-arranged 10b5-1 trading plan adopted on 2025-09-05, reducing his holdings from 6.02M to 5.99M shares. The stock has appreciated 30-day +33.3% and 90-day +125.0% from the transaction window, while the P/E stands at 143.89 on revenue growth of +126.3% year-over-year. This is a scheduled, non-discretionary transaction under an established plan, not a tactical decision in response to current market conditions.

Sell
7,259 shares
$1,541,155
Significance 5/10

CTO Chi Fung Cheng sells 7,259 CRDO shares at $212.31; holds 151,527 post-sale as stock trades -15.9% from 52-week high.

Chi Fung Cheng, CRDO's Chief Technology Officer, sold 7,259 shares (4.6% of his pre-transaction holdings) at $212.31 on 2026-06-03, reducing his position to 151,527 shares. The current price of $206.89 is -15.9% from the 52-week high of $245.95, yet the stock has gained 88.4% over 90 days and +4.3% over 30 days, indicating recent momentum despite remaining well below its peak. Notably, his five prior sales at CRDO (all on 2026-05-01) were followed by positive 90-day returns ranging from +20.2% to +26.0%, meaning the stock rose after each of those sells—a pattern indicating his prior sales at this ticker were poorly timed from a sell perspective. This current transaction occurs against that backdrop: while the company shows strong fundamentals (revenue growth of +126.3% annually, net income of $157,142,000.00), his cross-ticker track record shows a 0.00% well-timed rate on 20 prior open-market sales, suggesting his selling pattern historically does not anticipate near-term price declines.

May 2026
Sell
27,500 shares
$4,922,112
Significance 3/10

CTO Cheng Chi Fung sold 27,500 shares for nearly $5M as stock rallies sharply; history shows his prior exits have consistently underperformed.

Cheng Chi Fung, the company's Chief Technology Officer, liquidated a substantial position of over 27,500 shares worth nearly $5M in a series of 12 transactions on a single day. The timing is notable: the stock has rallied sharply in recent months, trading well below its 52-week high despite the company showing strong fundamentals with profitable operations and accelerating revenue growth. However, Cheng's historical track record on prior sales at this ticker presents a cautionary signal—all five of his previous exits in Credo shares have been poorly timed, with the stock rising after each sale, suggesting he has consistently exited too early. This current liquidation follows the same pattern as his exits just days earlier on April 27, adding to a pattern of continuous selling without any offsetting purchases in the 36-month window. For investors, the question is whether this CTO is finally exiting at the right moment after years of leaving gains on the table, or simply repeating a pattern that has cost him and potentially other shareholders significant upside.

April 2026
Sell
27,500 shares
$4,931,442
Significance 5/10

CRDO CTO Cheng Chi Fung sold 27,500 shares for $4.9M on 2026-04-27, 11 days after prior sales.

Cheng Chi Fung executed 12 separate sales totaling 27,500 shares for $4,931,442.42 (blended average $179.33) on 2026-04-27, reducing his holdings by 0.5% to 6,052,370 shares post-transaction. This follows five prior sell transactions at CRDO on 2026-04-16, suggesting active liquidation over a narrow timeframe. The stock is currently at $175.77, down 9.9% from its 52-week high of $195.04, and has gained 100.2% over 30 days and 35.8% over 90 days—a volatile trajectory that contextualizes the timing of these sales. His cross-ticker track record shows 20 prior sells, but at CRDO specifically, the outcomes of the April 16 sales remain unmeasurable and cannot yet establish a pattern of well-timed or poorly-timed execution at this ticker.

Sell
27,500 shares
$4,333,425
Significance 6/10

CTO Cheng Chi Fung sold 27,500 shares for $4.3M across 8 transactions on 2026-04-16; stock up 68.8% in 30 days post-sale.

Cheng Chi Fung executed 8 separate sales totaling 27,500 shares for $4,333,424.89 with a blended average price of $157.58 on a single day. This represents a 0.4% reduction in his 6.11M-share post-transaction holdings at CRDO. The timing is notable given recent momentum: the stock has risen 68.8% over the prior 30 days and is currently at $174.53, well above the transaction prices (highest sale at $165.51). His same-ticker history shows 5 prior sell transactions on 2026-04-10 whose outcomes are not yet measurable. The insider's broader cross-ticker track record spans 20 prior sells, though specific timing outcomes are not provided. The company's fundamentals show strong growth (revenue +126.3% year-over-year to $407.0M, net income $157.1M) but a elevated P/E of 94.85 relative to the market. This sale warrants attention given the magnitude, the stock's steep valuation, and the recent explosive price appreciation immediately preceding the filing date.

Sell
27,500 shares
$3,251,835
Significance 6/10

CTO Cheng Chi Fung sold 27,500 shares in 12 separate transactions on 2026-04-10 for $3,251,834.85, retaining 6,134,870 shares at CRDO.

Cheng Chi Fung, the Chief Technology Officer, executed 12 separate sales totaling 27,500 shares for $3,251,834.85 at blended average price of $118.25 on 2026-04-10. This represents a 0.4% reduction in his holdings, reducing his stake from 6,162,370 to 6,134,870 shares. The sale occurred four days after five prior sales at the same ticker on 2026-04-06, indicating sustained disposition activity. At the time of filing, the stock currently trades at $159.52, positioned -15.7% from the 52-week high of $189.19 but up 35.5% over the prior 30 days, suggesting elevated valuation. The company's fundamentals show strong momentum: revenue of $407,012,000 with net income of $157,142,000 and annual revenue growth of +126.3%, though the P/E multiple of 86.70 reflects elevated expectations. The CTO's aggregate sale on the 10th, combined with the earlier 2026-04-06 activity, warrants monitoring to understand whether further disposition is anticipated or if a specific portfolio objective has been reached.

Sell
27,500 shares
$2,837,844
Significance 5/10

CTO Cheng Chi Fung sells 27,500 shares across 5 transactions for $2,837,843.90 at CRDO (blended avg $103.19)

Cheng Chi Fung, Chief Technology Officer at Credo Technology Group, executed 5 separate sales totaling 27,500 shares for $2,837,843.90 on April 6, 2026, reducing holdings by 0.4% to 6,162,370 shares. The transaction occurred at prices ranging from $102.33 to $106.04, with a blended average of $103.19, while the current stock price is $110.21 and the 52-week high was $189.19. The company shows strong fundamentals with $407,012,000.00 in latest quarterly revenue, $157,142,000.00 net income, +126.3% annual revenue growth, and a P/E of 59.90. The stock has declined 41.8% from its 52-week high and 5.0% over 30 days, providing context for the transaction execution. Notably, the insider completed 5 prior sales at this ticker on 2026-03-31, and his cross-ticker track record shows 20 prior sells, though timing outcomes at CRDO are not yet measurable due to the recent execution dates.

Sell
27,500 shares
$2,510,205
Significance 6/10

CTO Cheng Chi Fung sold 27,500 shares for $2.5M at CRDO on 2026-03-31; stock -46.4% from 52-week high, +126.3% annual revenue growth

Cheng Chi Fung executed 6 separate sales totaling 27,500 shares for $2,510,204.86 on 2026-03-31, reducing holdings by 0.4% to 6,189,870 shares. The sales occurred across a narrow price band ($88.87–$93.69, blended average $91.28) while the current price stands at $101.45, suggesting the insider sold below recent levels. The stock is currently down 46.4% from its 52-week high of $189.19 but up 4.3% over the prior 30 days; against this backdrop, the company reported strong fundamentals with annual revenue growth of +126.3%, net income of $157,142,000.00, and a market cap of $18,712,446,413.00. The insider has 20 prior open-market sells across all tickers on record; prior sales at CRDO occurred on 2026-03-24 (7 days before this filing), though their 90-day outcomes remain unmeasurable. The timing pattern of prior sells shows 0 of 0 well-timed at the 90-day mark, providing no historical context for assessing this transaction's positioning relative to subsequent price movement.

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