Credo COO sells shares
Analysis based on 6 articles · First reported Jul 16, 2026 · Last updated Jul 17, 2026
The insider sales are routine and not alarming given the preset plan and small percentage of holdings. Credo's strong financial performance and growth outlook support investor confidence.
Yat Tung Lam, COO of Credo Technology Group, sold a total of approximately 106,000 shares on July 15, 2026, for about $23.9 million, under a Rule 10b5-1 trading plan adopted by the Cheng Huang Family Trust on April 15, 2026. The sales represent a small portion of his holdings, and the company reported strong fiscal 2026 results with revenue tripling to over $1.3 billion and non-GAAP net income rising fivefold to $662 million. CEO William Brennan guided for continued growth in fiscal 2027.
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