4,066 Shares in Fabrinet $FN Purchased by One Capital Management LLC

One Capital Management LLC bought a new position in shares of Fabrinet (NYSE:FN) during the fourth quarter, HoldingsChannel reports. The firm bought 4,066 shares of the technology company’s stock, valued at approximately $1,851,000.

A number of other institutional investors have also added to or reduced their stakes in FN. Core Wealth Advisors LLC acquired a new stake in Fabrinet during the fourth quarter worth about $25,000. Westend Capital Management LLC acquired a new stake in Fabrinet during the fourth quarter worth about $29,000. Harbour Investments Inc. grew its position in Fabrinet by 75.0% during the fourth quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after buying an additional 27 shares in the last quarter. Creative Financial Designs Inc. ADV acquired a new stake in Fabrinet during the fourth quarter worth about $32,000. Finally, Rakuten Securities Inc. grew its position in Fabrinet by 340.9% during the fourth quarter. Rakuten Securities Inc. now owns 97 shares of the technology company’s stock worth $44,000 after buying an additional 75 shares in the last quarter. 97.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FN shares. Fox Advisors downgraded Fabrinet from a “strong-buy” rating to an “equal weight” rating in a research report on Tuesday, May 5th. Northland Securities set a $800.00 target price on Fabrinet in a research report on Monday, April 20th. JPMorgan Chase & Co. decreased their target price on Fabrinet from $700.00 to $680.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Wolfe Research raised Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 price objective on the stock in a report on Wednesday, February 4th. Finally, Weiss Ratings downgraded Fabrinet from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Fabrinet presently has an average rating of “Moderate Buy” and a consensus price target of $661.75.

Fabrinet Trading Up 3.1%

NYSE FN opened at $723.11 on Thursday. The stock’s 50 day moving average is $649.44 and its two-hundred day moving average is $542.93. The company has a market capitalization of $25.91 billion, a price-to-earnings ratio of 62.12 and a beta of 1.17. Fabrinet has a 1-year low of $231.51 and a 1-year high of $748.89.

Fabrinet (NYSE:FN) last released its quarterly earnings data on Monday, May 4th. The technology company reported $3.72 earnings per share for the quarter, beating analysts’ consensus estimates of $3.58 by $0.14. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Fabrinet had a return on equity of 19.83% and a net margin of 9.94%.The company’s quarterly revenue was up 39.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.52 earnings per share. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. On average, analysts predict that Fabrinet will post 12.96 earnings per share for the current year.

Insiders Place Their Bets

In other Fabrinet news, Director Homa Bahrami sold 2,500 shares of Fabrinet stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $711.91, for a total transaction of $1,779,775.00. Following the sale, the director directly owned 16,233 shares of the company’s stock, valued at approximately $11,556,435.03. The trade was a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.24% of the company’s stock.

Fabrinet Profile

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.

Incorporated in 2000, Fabrinet operates under a corporate structure headquartered in Singapore with additional regional offices and design centers in the Americas, Europe and Asia.