Rep. Josh Gottheimer Unloads Fabrinet (NYSE:FN) Stock

Key Points

• Rep. Josh Gottheimer sold Fabrinet shares valued between $1,001 and $15,000 on July 14, with the transaction disclosed August 10.
• Fabrinet shares opened at $526.97, with a market capitalization of $18.88 billion and a 52-week range of $272.49 to $748.89.
• Analysts maintain a “Moderate Buy” consensus, with six Buy and four Hold ratings and an average price target of $643; institutional investors own 97.38% of the company.

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Fabrinet NYSE: FN. In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fabrinet stock on July 14th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of NASDAQ: GOOGN on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of NASDAQ: GOOGM on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of NASDAQ: GOOGN on 7/23/2026.
• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 7/23/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/20/2026.
• Purchased $1,001 - $15,000 in shares of NiCE NASDAQ: NICE on 7/20/2026.
• Purchased $1,001 - $15,000 in shares of Monster Beverage NASDAQ: MNST on 7/17/2026.
• Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 7/17/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 7/16/2026.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 7/16/2026.

Fabrinet Stock Performance

FN stock opened at $526.97 on Wednesday. The firm has a market cap of $18.88 billion, a P/E ratio of 45.27 and a beta of 1.23. The firm's fifty day moving average is $533.97 and its 200 day moving average is $566.55. Fabrinet has a 52 week low of $272.49 and a 52 week high of $748.89.

Insider Buying and Selling

In other Fabrinet news, Director Homa Bahrami sold 2,500 shares of the firm's stock in a transaction on 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 transaction, the director owned 16,233 shares of the company's stock, valued at approximately $11,556,435.03. This trade represents a 13.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.24% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on FN. Weiss Ratings lowered shares of Fabrinet from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, June 30th. Needham & Company LLC decreased their price objective on Fabrinet from $800.00 to $650.00 and set a "buy" rating on the stock in a report on Wednesday, July 22nd. JPMorgan Chase & Co. decreased their price objective on Fabrinet from $700.00 to $680.00 and set a "neutral" rating on the stock in a report on Tuesday, May 5th. Rosenblatt Securities boosted their target price on Fabrinet from $715.00 to $750.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. Finally, Northland Securities set a $800.00 target price on Fabrinet in a report on Monday, April 20th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $643.00.

Institutional Investors Weigh In On Fabrinet

Institutional investors have recently added to or reduced their stakes in the company. Swedbank AB purchased a new position in shares of Fabrinet in the 4th quarter valued at approximately $5,372,000. M&T Bank Corp grew its stake in Fabrinet by 196.5% in the fourth quarter. M&T Bank Corp now owns 2,345 shares of the technology company's stock worth $1,068,000 after purchasing an additional 1,554 shares during the period. JSF Financial LLC purchased a new stake in Fabrinet in the fourth quarter worth $957,000. California State Teachers Retirement System raised its holdings in Fabrinet by 23.0% in the first quarter. California State Teachers Retirement System now owns 41,747 shares of the technology company's stock worth $21,772,000 after purchasing an additional 7,819 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in Fabrinet by 22.0% in the first quarter. Sei Investments Co. now owns 89,843 shares of the technology company's stock worth $46,854,000 after purchasing an additional 16,218 shares in the last quarter. Hedge funds and other institutional investors own 97.38% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.

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