IDGT Volume Surges as Credo Insider Sale, Deal Jolt Sentiment

iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) has seen unusual trading volume, which is 25× higher than its average daily volume.

Among IDGT’s top positions, Credo Technology Group Holding Ltd. has been in focus after its CLO and secretary sold 10,000 shares in an insider transaction valued at about $1.64 million, a move that could influence sentiment toward the stock. Credo shares were highly volatile as investors reacted to its DustPhotonics acquisition, which analysts say should accelerate the company’s push into optical networking and support stronger long-term revenue and earnings forecasts, though they also warn that execution risks remain as the business shifts away from legacy AEC products.