Advisors Asset Management Inc. boosted its holdings in Credo Technology Group Holding Ltd ( NASDAQ:CRDO – Free Report ) by 11.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,722 shares of the company’s stock after purchasing an additional 478 shares during the quarter. Advisors Asset Management Inc.’s holdings in Credo Technology Group were worth $145,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its holdings in shares of Credo Technology Group by 10.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 69,997 shares of the company’s stock valued at $1,484,000 after buying an additional 6,813 shares during the last quarter. Public Employees Retirement Association of Colorado acquired a new position in Credo Technology Group during the 1st quarter valued at about $352,000. California State Teachers Retirement System boosted its stake in Credo Technology Group by 7.7% during the 1st quarter. California State Teachers Retirement System now owns 128,795 shares of the company’s stock valued at $2,729,000 after purchasing an additional 9,218 shares during the last quarter. Marathon Strategic Advisors LLC purchased a new stake in shares of Credo Technology Group in the second quarter worth approximately $240,000. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Credo Technology Group by 319.8% in the second quarter. Harbor Capital Advisors Inc. now owns 31,383 shares of the company’s stock valued at $1,002,000 after purchasing an additional 23,907 shares in the last quarter. Institutional investors own 80.46% of the company’s stock. Insider Transactions at Credo Technology Group In related news, CTO Chi Fung Cheng sold 55,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $47.37, for a total value of $2,605,350.00. Following the completion of the transaction, the chief technology officer now directly owns 8,728,602 shares of the company’s stock, valued at approximately $413,473,876.74. This trade represents a 0.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, COO Yat Tung Lam sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $27.69, for a total transaction of $276,900.00. Following the sale, the chief operating officer now directly owns 2,885,840 shares in the company, valued at $79,908,909.60. The trade was a 0.35 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders sold 1,324,817 shares of company stock worth $43,552,936. 16.04% of the stock is owned by company insiders. Credo Technology Group Stock Performance Credo Technology Group ( NASDAQ:CRDO – Get Free Report ) last posted its quarterly earnings data on Wednesday, September 4th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). Credo Technology Group had a negative net margin of 12.05% and a negative return on equity of 3.74%. The firm had revenue of $59.71 million during the quarter, compared to analysts’ expectations of $59.50 million. Analysts forecast that Credo Technology Group Holding Ltd will post -0.02 earnings per share for the current year. Analysts Set New Price Targets Several brokerages recently issued reports on CRDO. The Goldman Sachs Group upped their price target on Credo Technology Group from $26.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, September 6th. Stifel Nicolaus increased their target price on shares of Credo Technology Group from $40.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Roth Mkm boosted their price target on shares of Credo Technology Group from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Barclays upped their price objective on shares of Credo Technology Group from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, September 5th. Finally, Mizuho lifted their target price on shares of Credo Technology Group from $35.00 to $41.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. One investment analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Credo Technology Group presently has an average rating of “Moderate Buy” and an average target price of $36.56. Read Our Latest Stock Analysis on Credo Technology Group Credo Technology Group Profile ( Free Report ) Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. Featured Stories Want to see what other hedge funds are holding CRDO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credo Technology Group Holding Ltd ( NASDAQ:CRDO – Free Report ). Receive News & Ratings for Credo Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credo Technology Group and related companies with MarketBeat.com's FREE daily email newsletter .Finance minister Sitharaman encourages regional rural banks to onboard customers to digital services by DecemberMichael Gray Jr., Byron Ireland rally Nicholls to 76-75 victory over Louisiana

Cowboys' Mike McCarthy Reacts to Jerry Jones' Comments About Possible New ContractSPRINGFIELD — Illinois lawmakers in early January could consider easing requirements for residents to change their names, a move proponents say will reduce risks for victims of domestic abuse, transgender residents and others. The measure must clear the full Senate in the first week of January to reach Gov. JB Pritzker’s desk, otherwise it must go through the entire legislative process again after a new General Assembly convenes Jan. 8. The bill, House Bill 5164, would eliminate an existing requirement to publish name changes with a local newspaper. It would also reduce the state residency requirement of people wanting to change their name from six months to three months. “There are residents in our state who do not feel safe when they are an adoptee; they’re transgender; they’re an immigrant; they’re a survivor of domestic violence, survivor of sexual exploitation and human trafficking,” Sen. Ram Villivalam, the bill’s sponsor and a Chicago Democrat, said in an interview. “So they would like to change their name, and in doing so, we need to remove as many barriers as we can to ensure their health and safety.” The goal of the bill is to decrease threats to people who have endured domestic abuse, discrimination and other threats to their safety. Villivalam said 24 states have already eased this requirement. Planned Parenthood, Equality Illinois and Brave Space Alliance are pushing for the change. But the Senate’s top Republican, Sen. John Curran, R-Downers Grove, pushed back against the bill. He argued that impounding the records, meaning restricting access to them, should have a higher threshold. Individuals are allowed to petition the court to impound records if they believe public disclosure would put them in harm’s way. That process allows individuals to self-attest to hardships and says they may — but are not required to — submit documentation. “Why make it permissive, rather than a requirement, to attach relevant documents to the petition,” Curran said during a November committee meeting. But Mike Ziri, the director of public policy at Equality Illinois, said impounded records don’t disappear from court records and are not sealed, but rather are selectively available to the involved parties. “So it's not a complete sealing. There will still be access to parties and by the clerk, as well,” Ziri said. “In my experience, working with communities, folks who say they've experiencing hardship and heartache, they're not making that up, and they want protection for very good reasons.” The Republicans who hold a minority in the state senate questioned whether noncitizens with a criminal record could change their names to evade legal consequences as a result of the lowered requirements for a name change. “Is this creating a loophole for people who are here, who are criminals and part of things involved in the trafficking, involved in all of these nefarious activities that we've been reading about?” Sen. Sue Rezin, R-Morris, said. Ziri said that the self-attestation was for impounding the court records of name changes, not to get the name change itself. Illinois law states that people on the sex offender registry, arsonists and people on the murderer and violent offender against youth list are barred from seeking name changes. The exceptions are marriage, religious reasons, human trafficking or gender identity. He also said a name change still requires the signature of a judge, and the process can take months. “Changing your name does not allow you to escape the criminal record. That was legislation that was passed two years ago,” Ziri said. “That's on top of the other requirement state police already have to check the criminal records with the name change granted months later.” Villivalam said this bill takes Illinois “another step forward” in ensuring the health and safety of residents. “Now, more than ever — given the rise in hate and discrimination across the board — people you know feel targeted. So the legislative work that we can do to reassure them on their safety and health is part of our job,” Villivalam said in an interview. “As people continue to feel the hate, feel the discrimination, get targeted, we need to continue to take these steps to make sure they feel healthy and safe.” Gov. JB Pritzker announces support for stricter rules around hemp products like delta-8 THC during a news conference on Friday, Dec. 13, 2024. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.