Director TAN LIP BU sold 20,000 shares of CRDO at $175.12 (total $3.5M), reducing stake by 4.5%.
Director TAN LIP BU sold 20,000 shares at $175.12 on 2025-09-18, representing a 4.5% reduction in holdings from 442,180 to 422,180 shares. The sale price of $175.12 is 6.6% above the current price of $164.10 and near the 52-week high of $172.31, suggesting the director executed the sale at favorable valuations relative to recent price action. At the CRDO ticker, the insider's prior two measurable 90-day outcomes (from June 2025 sales) show positive returns of +81.6% and +79.4%, indicating those prior sales were poorly timed (the stock subsequently appreciated), though the company's fundamentals remain robust with FY revenue growth of +126.3% and a quarterly net income of $63.4M. The current sale occurs after a significant run-up: the stock has gained 43.9% over 30 days and 78.5% over 90 days, providing a window where a director might elect to sell at premium valuations.