Fabrinet (NYSE:FN) Trading Down 6.9% – Time to Sell?

05 Jan 2026, 21:42 by Sarita Garza · The Markets Daily

Fabrinet (NYSE:FN – Get Free Report)’s share price traded down 6.9% during mid-day trading on Monday . The company traded as low as $444.06 and last traded at $446.4280. 219,772 shares were traded during mid-day trading, a decline of 9% from the average session volume of 242,547 shares. The stock had previously closed at $479.42.

Analyst Ratings Changes

Several analysts have recently issued reports on FN shares. Northland Securities set a $600.00 target price on shares of Fabrinet in a research report on Monday, December 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Fabrinet in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their target price on Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Barclays boosted their price target on Fabrinet from $329.00 to $499.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th. Finally, Rosenblatt Securities raised their price objective on Fabrinet from $425.00 to $550.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Fabrinet presently has a consensus rating of “Moderate Buy” and an average price target of $469.88.

Get Our Latest Stock Report on FN

Fabrinet Trading Down 4.6%

The firm has a fifty day moving average price of $453.78 and a 200 day moving average price of $377.86. The firm has a market cap of $16.39 billion, a PE ratio of 47.11 and a beta of 1.04.

Insider Buying and Selling at Fabrinet

In other Fabrinet news, Director Thomas F. Kelly sold 2,200 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $464.14, for a total transaction of $1,021,108.00. Following the completion of the transaction, the director owned 18,789 shares of the company’s stock, valued at $8,720,726.46. This trade represents a 10.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Homa Bahrami sold 3,500 shares of Fabrinet stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $453.75, for a total transaction of $1,588,125.00. Following the sale, the director owned 18,316 shares of the company’s stock, valued at approximately $8,310,885. This represents a 16.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 28,151 shares of company stock worth $12,643,707 in the last ninety days. 0.24% of the stock is owned by insiders.

Institutional Trading of Fabrinet

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Fabrinet by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 4,135,345 shares of the technology company’s stock worth $1,507,829,000 after purchasing an additional 59,002 shares during the period. Wasatch Advisors LP raised its holdings in shares of Fabrinet by 45.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,779,665 shares of the technology company’s stock valued at $524,432,000 after purchasing an additional 553,196 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Fabrinet by 0.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,051,108 shares of the technology company’s stock worth $309,771,000 after purchasing an additional 5,114 shares during the last quarter. Invesco Ltd. increased its holdings in Fabrinet by 33.3% in the third quarter. Invesco Ltd. now owns 681,850 shares of the technology company’s stock valued at $248,616,000 after buying an additional 170,297 shares during the last quarter. Finally, Westfield Capital Management Co. LP raised its stake in Fabrinet by 102.8% in the second quarter. Westfield Capital Management Co. LP now owns 663,310 shares of the technology company’s stock valued at $195,464,000 after buying an additional 336,173 shares in the last quarter. Hedge funds and other institutional investors own 97.38% of the company’s stock.

About Fabrinet

(Get Free Report)

Fabrinet is a global provider of advanced optical packaging and precision optical, electro‐mechanical and electronic manufacturing services (CEM). The company specializes in complex manufacturing processes for original equipment manufacturers (OEMs) in communications, data center, industrial, instrumentation and medical markets. Key capabilities include high‐precision fiber alignment, micro‐assembly, testing and diagnostics, and integration of electro‐optic subassemblies.