Cheng Chi Fung, Chief Technology Officer, has demonstrated a consistent pattern of selling shares in CRDO, as evidenced by SEC Form 4 filings. Over the course of 212 transactions, Fung has exclusively sold shares, with no recorded purchases, resulting in a total sell value of $162,621,607.12. This activity is concentrated solely in CRDO, indicating a focused divestment strategy within this single company. Recent filings highlight a continuation of this trend, with 25 sell transactions occurring in March 2026 alone. These sales varied significantly in size, ranging from smaller transactions like $10,337 on March 24, 2026, to larger disposals such as $859,177.84 on the same date. Notably, Fung’s sales on March 17, 2026, included multiple high-value transactions, including $726,441.10 and $380,799.93, underscoring a sustained effort to reduce holdings. The absence of any buying activity suggests a clear bias toward liquidating positions in CRDO, rather than accumulating or maintaining them. This pattern aligns with Fung’s broader trading history, which reflects a long-term strategy of divestment in the company. The consistency and scale of these transactions highlight a significant reduction in Fung’s stake in CRDO over time.
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