CFO Daniel W. Fleming sells 40,000 shares (7.4% of holdings) for $9,979,281.93 via 10b5-1 plan; stock up 50.7% in 30 days.
Daniel W. Fleming, CFO of Credo Technology Group, executed 11 separate sales totaling 40,000 shares for $9,979,281.93 on 2026-06-11 at a blended average price of $249.48. The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on 2026-01-12, meaning the sales were scheduled rather than discretionary. This sale reduced his holdings from 541,873 to 501,873 shares, a reduction of 7.4%. The company's fundamentals show strong growth (annual revenue growth of +126.3%) with a current market cap of $47,848,158,935.40, though the P/E of 140.98 reflects a significantly elevated valuation. The stock has demonstrated substantial recent momentum (+50.7% in the past 30 days and +149.3% in the past 90 days), trading at $259.41 as of the current price, only 4.0% below its 52-week high of $270.21. Fleming's prior sales at this ticker show mixed outcomes: two recent April 2026 sales posted positive 30-day returns (+20.2% and +21.0%), while three January sales resulted in negative 30-day and 90-day returns (ranging from -13.0% to -20.5%).