1,341 Shares in Fabrinet $FN Bought by Inceptionr LLC

Inceptionr LLC acquired a new stake in Fabrinet (NYSE:FN) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 bought and sold shares of FN. Root Financial Partners LLC bought a new stake in shares of Fabrinet in the 3rd quarter valued at about $34,000. Elevation Point Wealth Partners LLC bought a new position in shares of Fabrinet during the second quarter worth about $35,000. MAI Capital Management raised its position in shares of Fabrinet by 86.7% during the second quarter. MAI Capital Management now owns 183 shares of the technology company’s stock worth $54,000 after acquiring an additional 85 shares during the last quarter. CI Investments Inc. lifted its stake in shares of Fabrinet by 40.6% in the third quarter. CI Investments Inc. now owns 149 shares of the technology company’s stock worth $54,000 after acquiring an additional 43 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in Fabrinet by 20.4% in the third quarter. Cullen Frost Bankers Inc. now owns 171 shares of the technology company’s stock valued at $62,000 after acquiring an additional 29 shares during the last quarter. 97.38% of the stock is owned by institutional investors and hedge funds.

Fabrinet Price Performance

NYSE:FN opened at $524.38 on Thursday. Fabrinet has a one year low of $148.55 and a one year high of $632.99. The company has a market cap of $18.79 billion, a PE ratio of 50.23 and a beta of 1.01. The firm has a 50-day moving average of $499.93 and a 200-day moving average of $443.49.

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

Wall Street Analysts Forecast Growth

FN has been the subject of several analyst reports. Needham & Company LLC restated a “buy” rating and set a $540.00 price target on shares of Fabrinet in a report on Tuesday, February 3rd. Zacks Research raised shares of Fabrinet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Wolfe Research upgraded shares of Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 target price on the stock in a report on Wednesday, February 4th. Barclays upped their price target on shares of Fabrinet from $537.00 to $548.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $550.00 price target on shares of Fabrinet in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $541.25.

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.