Capital Fund Management S.A. Purchases 22,047 Shares of Fabrinet $FN

Key Points

• Capital Fund Management S.A. increased its holdings in Fabrinet by 32.7% during Q1, now owning 89,426 shares valued at approximately $17.66 million.
• Multiple institutional investors and hedge funds have adjusted their stakes in Fabrinet, with collectively 97.38% of the company's stock now owned by these entities.
• Analysts have issued favorable reports on Fabrinet, with price targets ranging from $307.83 to as high as $360.00 according to various brokerage firms.

Capital Fund Management S.A. lifted its holdings in shares of Fabrinet (NYSE:FN - Free Report) by 32.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,426 shares of the technology company's stock after acquiring an additional 22,047 shares during the quarter. Capital Fund Management S.A. owned approximately 0.25% of Fabrinet worth $17,663,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in FN. Private Trust Co. NA boosted its stake in Fabrinet by 44.3% in the 1st quarter. Private Trust Co. NA now owns 166 shares of the technology company's stock valued at $33,000 after purchasing an additional 51 shares during the period. State of Alaska Department of Revenue boosted its stake in Fabrinet by 1.7% in the 1st quarter. State of Alaska Department of Revenue now owns 4,205 shares of the technology company's stock valued at $830,000 after purchasing an additional 70 shares during the period. Henry James International Management Inc. boosted its stake in Fabrinet by 5.6% in the 1st quarter. Henry James International Management Inc. now owns 1,317 shares of the technology company's stock valued at $260,000 after purchasing an additional 70 shares during the period. Illumine Investment Management LLC boosted its stake in Fabrinet by 2.2% in the 1st quarter. Illumine Investment Management LLC now owns 3,461 shares of the technology company's stock valued at $684,000 after purchasing an additional 75 shares during the period. Finally, Signaturefd LLC boosted its stake in Fabrinet by 14.3% in the 1st quarter. Signaturefd LLC now owns 609 shares of the technology company's stock valued at $120,000 after purchasing an additional 76 shares during the period. Institutional investors own 97.38% of the company's stock.

Fabrinet Price Performance

Shares of FN stock traded up $18.34 on Monday, hitting $312.69. 621,542 shares of the company's stock were exchanged, compared to its average volume of 725,743. Fabrinet has a 12 month low of $148.55 and a 12 month high of $356.55. The stock has a market cap of $11.17 billion, a P/E ratio of 34.10 and a beta of 1.02. The company has a 50 day moving average of $301.66 and a 200 day moving average of $242.98.

Fabrinet (NYSE:FN - Get Free Report) last announced its quarterly earnings data on Monday, August 18th. The technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.02. Fabrinet had a return on equity of 17.77% and a net margin of 9.72%.The business had revenue of $909.69 million during the quarter, compared to the consensus estimate of $880.19 million. During the same period in the prior year, the company earned $2.41 EPS. Fabrinet's revenue for the quarter was up 20.8% on a year-over-year basis. Fabrinet has set its Q1 2026 guidance at 2.750-2.900 EPS. Sell-side analysts predict that Fabrinet will post 9.4 EPS for the current fiscal year.

Insider Buying and Selling at Fabrinet

In related news, COO Harpal Gill sold 18,675 shares of the company's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $240.00, for a total transaction of $4,482,000.00. Following the completion of the sale, the chief operating officer directly owned 18,068 shares in the company, valued at $4,336,320. This represents a 50.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.38% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FN has been the subject of several recent research reports. JPMorgan Chase & Co. upgraded Fabrinet from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $318.00 to $345.00 in a research note on Monday. Needham & Company LLC restated a "buy" rating and issued a $350.00 price target on shares of Fabrinet in a research note on Tuesday, August 19th. B. Riley boosted their price target on Fabrinet from $184.00 to $220.00 and gave the company a "neutral" rating in a research note on Tuesday, August 19th. Rosenblatt Securities restated a "buy" rating and issued a $360.00 price target on shares of Fabrinet in a research note on Tuesday, August 19th. Finally, Wolfe Research assumed coverage on Fabrinet in a report on Tuesday, July 8th. They set a "peer perform" rating on the stock. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $312.33.

Fabrinet Company Profile

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.