Lip-Bu  Tan net worth and biography

Lip-Bu Tan Biography and Net Worth

Lip-Bu Tan has served as a member of our Board since October 2019. Mr. Tan served on the board of directors of Cadence Design Systems, Inc., a multinational computational software company, from 2004 to 2023, as Executive Chair of its board of directors from 2022 to 2023 and as Chief Executive Officer from 2009 to 2021. From January 2009 to November 2017, Mr. Tan also served as President of Cadence. In 1987, Mr. Tan founded Walden International, an international venture capital firm, and has served as its Chairman since its founding. Mr. Tan also serves as a director of Schneider Electric SE, a multinational energy company, and Intel Corporation, a multinational semiconductor chip manufacturer. He previously served on the boards of directors of SoftBank Group Corp., a multinational holding company, from 2020 to 2022 and Hewlett Packard Enterprise Company, a technology company, from 2015 to 2021. Mr. Tan served as a director of Flextronics International Ltd. from 2003 to 2012, Inphi Corporation, a semiconductor component company, from 2002 to 2012, SINA Corporation, a Chinese technology company, from 1999 to 2015, Ambarella, Inc., a fabless semiconductor design company, from 2004 to 2017, Quantenna Communications, Inc., a communication device company, from 2015 to 2018, Semiconductor Manufacturing International Corporation, a semiconductor manufacturing company, from 2001 to 2018, Aquantia Corp., a manufacturer of high-speed transceivers, from 2015 to 2019 and Advanced Micro-Fabrication Equipment Inc. China, a China-based global semiconductor microfabrication equipment company, from 2005 to 2020.

What is Lip-Bu Tan's net worth?

The estimated net worth of Lip-Bu Tan is at least $84.54 million as of July 15th, 2024. Mr. Tan owns 2,863,725 shares of Credo Technology Group stock worth more than $84,537,162 as of July 22nd. This net worth estimate does not reflect any other assets that Mr. Tan may own. Learn More about Lip-Bu Tan's net worth.

How do I contact Lip-Bu Tan?

The corporate mailing address for Mr. Tan and other Credo Technology Group executives is 1600 TECHNOLOGY DRIVE, SAN JOSE CA, KY1-1104. Credo Technology Group can also be reached via phone at 408-664-9329 and via email at [email protected]. Learn More on Lip-Bu Tan's contact information.

Has Lip-Bu Tan been buying or selling shares of Credo Technology Group?

Within the last three months, Lip-Bu Tan has sold $13,655,937.06 in shares of Credo Technology Group stock. Most recently, Lip Bu Tan sold 245,438 shares of the business's stock in a transaction on Monday, July 15th. The shares were sold at an average price of $32.67, for a transaction totalling $8,018,459.46. Following the completion of the sale, the director now directly owns 2,863,725 shares of the company's stock, valued at $93,557,895.75. Learn More on Lip-Bu Tan's trading history.

Who are Credo Technology Group's active insiders?

Credo Technology Group's insider roster includes William Brennan (President and CEO and Board Member), William Brennan (President and CEO and Board Member), Daniel Fleming (CFO), Pantas Sutardja (Director), Lip-Bu Tan (Director), and Adam Thorngate-Gottlund (General Counsel). Learn More on Credo Technology Group's active insiders.

Are insiders buying or selling shares of Credo Technology Group?

During the last year, insiders at the sold shares 94 times. They sold a total of 5,142,190 shares worth more than $108,592,888.27. The most recent insider tranaction occured on July, 15th when Director Lip Bu Tan sold 245,438 shares worth more than $8,018,459.46. Insiders at Credo Technology Group own 23.9% of the company. Learn More about insider trades at Credo Technology Group.

Information on this page was last updated on 7/15/2024.

Lip-Bu Tan Insider Trading History at Credo Technology Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/15/2024Sell245,438$32.67$8,018,459.462,863,725View SEC Filing Icon  
7/12/2024Sell12,845$31.51$404,745.953,109,163View SEC Filing Icon  
7/10/2024Sell6,110$31.33$191,426.303,125,061View SEC Filing Icon  
7/8/2024Sell112,441$31.99$3,596,987.59133,583View SEC Filing Icon  
7/5/2024Sell45,476$31.76$1,444,317.7639,736View SEC Filing Icon  
12/8/2023Sell500,000$17.50$8,750,000.0048,736View SEC Filing Icon  
7/13/2023Sell281,048$17.18$4,828,404.6430,000View SEC Filing Icon  
7/11/2023Sell41,872$16.58$694,237.763,939,205View SEC Filing Icon  
6/30/2023Sell53,324$17.70$943,834.803,981,077View SEC Filing Icon  
6/28/2023Sell65,852$17.74$1,168,214.484,086,221View SEC Filing Icon  
6/26/2023Sell35,986$17.73$638,031.784,180,606View SEC Filing Icon  
6/23/2023Sell8,081$17.60$142,225.604,216,592View SEC Filing Icon  
6/14/2023Sell224,049$17.54$3,929,819.46453,597View SEC Filing Icon  
6/7/2023Sell25,000$16.18$404,500.00109,995View SEC Filing Icon  
6/5/2023Sell211,102$15.97$3,371,298.94329,639View SEC Filing Icon  
6/2/2023Sell343,075$16.38$5,619,568.50677,646View SEC Filing Icon  
1/12/2023Sell25,395$13.53$343,594.354,224,673View SEC Filing Icon  
1/10/2023Sell48,935$13.32$651,814.204,293,853View SEC Filing Icon  
12/14/2022Sell37,274$15.05$560,973.704,359,072View SEC Filing Icon  
12/12/2022Sell600$15.01$9,006.004,398,881View SEC Filing Icon  
12/9/2022Sell19,129$15.01$287,126.29153,736View SEC Filing Icon  
12/7/2022Sell70,501$15.05$1,061,040.05203,736View SEC Filing Icon  
12/5/2022Sell107,692$15.02$1,617,533.842,236,029View SEC Filing Icon  
10/13/2022Sell41,166$11.14$458,589.241,476,302View SEC Filing Icon  
10/6/2022Sell107,550$11.68$1,256,184.001,942,813View SEC Filing Icon  
10/4/2022Sell550,000$11.62$6,391,000.001,200,000View SEC Filing Icon  
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Lip-Bu Tan Buying and Selling Activity at Credo Technology Group

This chart shows Lip Bu Tan's buying and selling at Credo Technology Group by year and by quarter.

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Credo Technology Group Company Overview

Credo Technology Group logo
Credo Technology Group Holding Ltd provides various high-speed connectivCredo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, 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. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is headquartered in San Jose, California.ity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
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Today's Range

Now: $29.52
Low: $28.97
High: $30.30

50 Day Range

MA: $26.76
Low: $17.76
High: $33.83

2 Week Range

Now: $29.52
Low: $13.38
High: $33.96

Volume

1,464,930 shs

Average Volume

2,169,495 shs

Market Capitalization

$4.88 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.24