Fabrinet $FN Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC cut its position in shares of Fabrinet (NYSE:FN) by 54.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,416 shares of the technology company’s stock after selling 1,715 shares during the period. Moloney Securities Asset Management LLC’s holdings in Fabrinet were worth $516,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of FN. Root Financial Partners LLC acquired a new stake in shares of Fabrinet in the 3rd quarter valued at about $34,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Fabrinet during the 2nd quarter worth approximately $35,000. First Horizon Advisors Inc. increased its position in Fabrinet by 124.2% in the second quarter. First Horizon Advisors Inc. now owns 139 shares of the technology company’s stock worth $41,000 after buying an additional 77 shares during the period. Cullen Frost Bankers Inc. increased its holdings in shares of Fabrinet by 118.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 142 shares of the technology company’s stock worth $42,000 after acquiring an additional 77 shares during the period. Finally, Bessemer Group Inc. increased its stake in shares of Fabrinet by 33.6% in the second quarter. Bessemer Group Inc. now owns 171 shares of the technology company’s stock valued at $50,000 after purchasing an additional 43 shares during the period. 97.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on FN shares. Rosenblatt Securities restated a “buy” rating and set a $550.00 price target on shares of Fabrinet in a research report on Tuesday, February 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Fabrinet in a report on Monday, December 29th. Barclays increased their target price on Fabrinet from $537.00 to $548.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Susquehanna increased their target price on shares of Fabrinet from $550.00 to $570.00 and gave the stock a “positive” rating in a research report on Thursday, January 22nd. Finally, B. Riley Financial boosted their price target on shares of Fabrinet from $366.00 to $452.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Fabrinet presently has a consensus rating of “Buy” and an average target price of $511.11.

Key Fabrinet News

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Zacks upgraded Fabrinet to a Zacks Rank #1 (Strong Buy), signaling stronger near‑term earnings optimism from that shop; this upgrade likely supported buying interest. Zacks Upgrade
• Positive Sentiment: A Zacks feature called Fabrinet an “incredible growth stock,” highlighting growth attributes that can drive outperformance — supportive narrative for longer‑term buyers. Zacks Growth Piece
• Positive Sentiment: Northland Securities materially raised near‑term and multi‑year EPS estimates (examples: Q3 2026 to ~$3.37, Q4 2026 to ~$3.58, FY2026 to ~$12.75 and FY2027 to ~$15.77), which lifts EPS visibility and supports a higher valuation multiple. Northland Estimate Revisions
• Positive Sentiment: Sell‑side support was reinforced by Needham and Rosenblatt reiterating Buy ratings, adding to conviction among institutional investors and traders. Needham Rosenblatt
• Neutral Sentiment: Recent company results earlier in the week beat revenue and EPS expectations and management gave bullish HPC (high‑performance computing)‑driven commentary — a fundamental positive — but the post‑report period saw volatile trading (including a selloff noted in press coverage), reflecting mixed short‑term reactions. Yahoo Coverage
• Negative Sentiment: Seeking Alpha published a piece outlining three key concerns (two related to AI exposure and one on valuation) and a rating downgrade, which may temper some investors’ enthusiasm and contribute to short‑term caution. Seeking Alpha Concerns

Fabrinet Price Performance

Shares of NYSE:FN opened at $505.13 on Monday. The stock has a market capitalization of $18.10 billion, a P/E ratio of 48.38 and a beta of 1.04. The business has a 50-day moving average of $474.09 and a two-hundred day moving average of $410.33. Fabrinet has a fifty-two week low of $148.55 and a fifty-two week high of $531.22.

Fabrinet (NYSE:FN) last issued its quarterly earnings data on Monday, February 2nd. The technology company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.10. Fabrinet had a return on equity of 18.69% and a net margin of 9.69%.The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the business earned $2.61 EPS. The firm’s revenue was up 35.9% compared to the same quarter last year. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. As a group, research analysts expect that Fabrinet will post 9.4 EPS for the current fiscal year.

Insider Buying and Selling

In other Fabrinet news, CEO Seamus Grady sold 22,451 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $446.95, for a total transaction of $10,034,474.45. Following the completion of the transaction, the chief executive officer owned 23,573 shares of the company’s stock, valued at $10,535,952.35. The trade was a 48.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Homa Bahrami sold 3,500 shares of the company’s 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 $8,310,885. This trade represents a 16.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 28,151 shares of company stock valued at $12,643,707. Company insiders own 0.24% of the company’s stock.

Fabrinet Company 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.