Director Pantas Sutardja sold 21,041 shares of CRDO at $68.19 on 2024-12-20 (total: $1.4M); retains 5.90M shares post-sale.
Sutardja, a director, sold 21,041 shares at $68.19, representing a -0.4% reduction in his holdings while retaining 5,904,277 shares. The sale occurred when the stock was trading at prices in the elevated portion of its 52-week range ($16.92–$77.25) and near its 52-week high of $77.25. The company's fundamentals show mixed signals: while revenue reached $72,034,000 in the latest quarter with annual growth of +4.8%, net income was negative at $-4,225,000 and the company was unprofitable over its most recent full fiscal year. The modest scale of this transaction relative to Sutardja's total position (approximately 0.4% of holdings) suggests routine portfolio activity rather than a material convulsion in insider positioning.