Credo’s CEO Sells 18,952 Shares: A Dividend Hunter’s Nightmare

by

THE SYSTEM IS CRASHING, AND IT’S NOT JUST THE STOCK MARKET. William Joseph Brennan, the CEO of Credo Technology Group (CRDO), has gone full madman, offloading 18,952 shares in a frenzy that screams “I’M NOT AFRAID OF THE DOWNSIDE.” This isn’t just a transaction-it’s a PR stunt, a coded message, or maybe just a guy trying to buy a better bottle of whiskey. The SEC Form 4 says it happened on Oct. 7 and 8, but who the hell knows? The market’s a hallucination, and Brennan’s selling like he’s trying to escape a cult.

A COMPANY THAT SELLS CONNECTIVITY SOLUTIONS LIKE IT’S SELLING HEROIN. SerDes, DSP, chiplets-these are the new narcotics. They’re in data centers, networking gear, and the pockets of executives who think they’re untouchable. The world’s a Wi-Fi hotspot, and Credo’s the provider with a monopoly on the signal.

THEY SERVE GLOBAL DATA CENTER OPERATORS, NETWORKING GIANTS, AND ENTERPRISE CUSTOMERS. It’s a global game of chess, and Credo’s the player who’s always one move ahead. But what happens when the board collapses?

REVENUE COMES FROM HARDWARE SALES AND IP LICENSING. That’s the real money-selling the blueprint while the customers build the house. Credo’s got the patent, and the patent’s got the power.

Foolish take

THE CEO’S SALES CAME VIA HIS 10B5-1 PLAN. NOT CONCERNING? OH, IT’S CONCERNING. It’s the equivalent of a cop pulling you over for speeding, then saying, “Don’t worry, I’m just doing my job.” Brennan’s not a rogue trader-he’s a well-oiled machine, churning out shares like they’re candy at a parade.

HE RECEIVES 70% OF HIS PAY IN EQUITY. That’s not a salary-it’s a bet. A $4.4 MILLION GRANT, AND STILL, HIS SHARES ARE WORTH OVER $45 MILLION. It’s a high-stakes poker game, and Brennan’s holding a royal flush. But what happens when the deck’s stacked against him?

Credo’S FISCAL FIRST-QUARTER REVENUE QUADRUPLED. That’s not growth-it’s a nuclear explosion. But even the brightest flames burn out. The operating income? A $60.7 MILLION BEAST, BUT AT WHAT COST? The market’s a fickle lover, and Credo’s just another name in its ledger.

Glossary

Insider ownership: The percentage of a company’s shares held by its executives, directors, or key employees. Like a drug dealer’s stash-controlled, hidden, and always in demand.
Open-market transaction: A trade of company shares on a public exchange. The wild west of finance, where the only law is greed.
Form 4: A required SEC filing. The paperwork that makes the system tick, but never tells the whole story.
Weighted average purchase price: The average price paid per share. A number that’s always changing, like the weather.
Direct ownership: Shares held personally by an insider. The real money, the real power.
Outstanding shares: The total number of a company’s shares. A number that’s as meaningless as the number of stars in the sky.
Total return: The investment’s price change plus all dividends. A lie wrapped in a bow, pretending to be truth.
SerDes: Serializer/deserializer. The tech that keeps the world connected, but who’s really in control?
DSP: Digital signal processor. The brain behind the brawn, but who’s pulling the strings?
Chiplet: A small, modular integrated circuit. The building blocks of the future, but at what cost?
IP licensing: Granting others the right to use proprietary technology. The ultimate power move, but who’s really winning?
TTM: The 12-month period ending with the most recent quarterly report. A snapshot of chaos, frozen in time.

THE MARKET IS A MADHOUSE, AND WE’RE ALL JUST TRYING TO SURVIVE. Brennan’s sale is a warning, a sign, a whisper in the dark. As a dividend hunter, I’m watching closely. Because in this game, the only thing you can count on is the next crash. 🚀

Read More

2025-10-17 21:31