Fabrinet $FN Stock Holdings Decreased by Intrepid Capital Management Inc.

Intrepid Capital Management Inc. reduced its position in Fabrinet (NYSE:FN) by 94.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 672 shares of the technology company’s stock after selling 11,617 shares during the period. Intrepid Capital Management Inc.’s holdings in Fabrinet were worth $306,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Core Wealth Advisors LLC purchased a new position in shares of Fabrinet in the fourth quarter worth approximately $25,000. Westend Capital Management LLC purchased a new position in shares of Fabrinet in the fourth quarter worth approximately $29,000. Harbour Investments Inc. increased its position in shares of Fabrinet by 75.0% in the fourth quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after acquiring an additional 27 shares in the last quarter. Creative Financial Designs Inc. ADV acquired a new stake in Fabrinet during the 4th quarter worth about $32,000. Finally, Quarry LP boosted its position in Fabrinet by 300.0% during the 4th quarter. Quarry LP now owns 72 shares of the technology company’s stock worth $33,000 after acquiring an additional 54 shares during the period. 97.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fabrinet

In other news, Director Homa Bahrami sold 2,500 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director directly owned 16,233 shares of the company’s stock, valued at $11,556,435.03. This trade represents a 13.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.24% of the stock is owned by company insiders.

Fabrinet Trading Up 4.5%

Shares of NYSE FN opened at $608.68 on Friday. Fabrinet has a one year low of $244.24 and a one year high of $748.89. The firm has a market capitalization of $21.81 billion, a PE ratio of 52.29 and a beta of 1.17. The business has a 50-day moving average price of $658.48 and a two-hundred day moving average price of $552.37.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on FN shares. Weiss Ratings lowered Fabrinet from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Barclays raised their price objective on Fabrinet from $548.00 to $702.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Rosenblatt Securities raised their price objective on Fabrinet from $715.00 to $750.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Northland Securities set a $800.00 price objective on Fabrinet in a research report on Monday, April 20th. Finally, Zacks Research upgraded Fabrinet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned 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 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.