Director Sylvia Acevedo sold 32,291 shares of CRDO at $41.61; stock now -49.0% in 30 days, down 53.9% from 52-week high.
Acevedo sold 32,291 shares at $41.61 on 2025-03-07, reducing her holdings by 60.1% from 53,724 to 21,433 shares. The timing is notable: the stock has fallen 49.0% over the prior 30 days and now trades at $39.45, down 53.9% from its 52-week high of $85.50. While the company reported strong recent fundamentals (Revenue $135,002,000.00, Net income $29,360,000.00 in the latest quarter, annual revenue growth of 4.8%), the company was unprofitable over its most recent full fiscal year. The substantial reduction in director holdings during a steep recent decline warrants investor attention to whether the sale reflects concerns about the company's turnaround prospects or forward-looking performance risks not yet reflected in public disclosures.