Gw&K Investment Management Adds $9M in Credo Technology Group Holding Ltd ($CRDO)
Key Points
- Gw&K Investment Management changed its Credo Technology Group Holding Ltd ($CRDO) stake by 7.99% last quarter, boosting to 433,770 shares worth $117.96 million.
- Wall Street's consensus rating on $CRDO is Strong Buy and an average price target of $283.23.
- $CRDO last traded around $271.95.
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Gw&K Investment Management increased its position in Credo Technology Group Holding Ltd ($CRDO) by 7.99% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 433,770 shares of Credo Technology Group Holding Ltd after buying 32,092 shares during the quarter. Gw&K Investment Management's holdings in Credo Technology Group Holding Ltd were worth $117.96 million as of its most recent filing.
Credo Technology Group Holding Ltd Stock Up 16.8%
Shares of Credo Technology Group Holding Ltd ($CRDO) traded around $271.95 on Saturday, up 16.8% for the day.
Credo Technology Group Holding Ltd Earnings
Analysts Set New Price Targets
About Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, as well as integrated circuits, active electrical cables, and SerDes chiplets. It also provides intellectual property (IP) solutions, including SerDes IP licensing. The company offers was founded in 2008 and is headquartered in Grand Cayman, the Cayman Islands.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.