Vaughan Nelson Investment Management L.P. Purchases 85,359 Shares of Fabrinet $FN

Key Points

• Vaughan Nelson Investment Management L.P. significantly increased its stake in Fabrinet by 178.9%, acquiring 85,359 shares to own a total of 133,084 shares worth $39.2 million.
• Insider sales include CEO Seamus Grady selling 9,513 shares for over $3.1 million, while EVP Edward T. Archer sold 3,333 shares for approximately $1.18 million.
• Fabrinet's recent quarterly earnings beat estimates with a reported $2.65 EPS and $909.69 million in revenue, leading to a guidance of 2.750-2.900 EPS for Q1 2026.

Vaughan Nelson Investment Management L.P. raised its stake in Fabrinet (NYSE:FN - Free Report) by 178.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 133,084 shares of the technology company's stock after acquiring an additional 85,359 shares during the quarter. Vaughan Nelson Investment Management L.P. owned about 0.37% of Fabrinet worth $39,217,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Private Trust Co. NA raised its holdings 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 acquiring an additional 51 shares during the period. CreativeOne Wealth LLC increased its holdings in shares of Fabrinet by 4.9% during the first quarter. CreativeOne Wealth LLC now owns 1,148 shares of the technology company's stock worth $227,000 after purchasing an additional 54 shares during the period. UMB Bank n.a. increased its holdings in shares of Fabrinet by 14.6% during the second quarter. UMB Bank n.a. now owns 456 shares of the technology company's stock worth $134,000 after purchasing an additional 58 shares during the period. Fifth Third Bancorp increased its holdings in shares of Fabrinet by 17.7% during the second quarter. Fifth Third Bancorp now owns 413 shares of the technology company's stock worth $122,000 after purchasing an additional 62 shares during the period. Finally, State of Alaska Department of Revenue boosted its position in shares of Fabrinet by 1.7% during the 1st quarter. State of Alaska Department of Revenue now owns 4,205 shares of the technology company's stock worth $830,000 after acquiring an additional 70 shares in the last quarter. 97.38% of the stock is owned by institutional investors.

Insider Transactions at Fabrinet

In other news, CEO Seamus Grady sold 9,513 shares of Fabrinet stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $329.52, for a total transaction of $3,134,723.76. Following the transaction, the chief executive officer owned 46,024 shares in the company, valued at approximately $15,165,828.48. The trade was a 17.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Edward T. Archer sold 3,333 shares of Fabrinet stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $354.48, for a total transaction of $1,181,481.84. Following the transaction, the executive vice president owned 6,644 shares in the company, valued at approximately $2,355,165.12. This trade represents a 33.41% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,049 shares of company stock worth $9,360,401. Company insiders own 0.38% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on FN. Needham & Company LLC reiterated a "buy" rating and set a $350.00 price target on shares of Fabrinet in a research report on Tuesday, August 19th. Rosenblatt Securities increased their price target on shares of Fabrinet from $360.00 to $425.00 and gave the stock a "buy" rating in a research report on Thursday. Zacks Research lowered shares of Fabrinet from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 28th. B. Riley increased their price target on shares of Fabrinet from $184.00 to $220.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 19th. Finally, Barclays increased their price target on shares of Fabrinet from $234.00 to $329.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 19th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $323.17.

Fabrinet Price Performance

Shares of Fabrinet stock opened at $365.76 on Friday. The firm has a market capitalization of $13.07 billion, a P/E ratio of 39.84 and a beta of 1.05. The company's 50 day moving average price is $343.23 and its two-hundred day moving average price is $273.16. Fabrinet has a fifty-two week low of $148.55 and a fifty-two week high of $397.26.

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

About Fabrinet

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.

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