Inceptionr LLC Invests $489,000 in Fabrinet $FN

Inceptionr LLC bought a new stake in Fabrinet (NYSE:FN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,341 shares of the technology company’s stock, valued at approximately $489,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new position in shares of Fabrinet in the 3rd quarter valued at about $34,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Fabrinet during the 2nd quarter worth approximately $35,000. CI Investments Inc. raised its stake in shares of Fabrinet by 40.6% during the 3rd quarter. CI Investments Inc. now owns 149 shares of the technology company’s stock worth $54,000 after purchasing an additional 43 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Fabrinet by 20.4% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 171 shares of the technology company’s stock valued at $62,000 after buying an additional 29 shares during the last quarter. Finally, MAI Capital Management grew its stake in shares of Fabrinet by 86.7% in the second quarter. MAI Capital Management now owns 183 shares of the technology company’s stock valued at $54,000 after buying an additional 85 shares in the last quarter. 97.38% of the stock is currently owned by institutional investors and hedge funds.

Fabrinet Price Performance

FN stock opened at $524.38 on Thursday. The stock has a market capitalization of $18.79 billion, a price-to-earnings ratio of 50.23 and a beta of 1.01. Fabrinet has a fifty-two week low of $148.55 and a fifty-two week high of $632.99. The business’s fifty day moving average price is $499.93 and its two-hundred day moving average price is $443.49.

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

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Northland Securities set a $600.00 price target on shares of Fabrinet in a research report on Monday, December 22nd. Weiss Ratings cut shares of Fabrinet from a “buy (b)” rating to a “hold (c+)” rating in a report on Friday, February 13th. B. Riley Financial raised their target price on shares of Fabrinet from $366.00 to $452.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Barclays lifted their price target on Fabrinet from $537.00 to $548.00 and gave the stock an “overweight” rating in a report on Tuesday, February 3rd. Finally, Zacks Research upgraded Fabrinet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $541.25.

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.