Triglav Investments D.O.O. Buys Shares of 3,038 Fabrinet $FN

Triglav Investments D.O.O. bought a new position in Fabrinet (NYSE:FN) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,038 shares of the technology company’s stock, valued at approximately $1,584,000.

Several other large investors also recently made changes to their positions in FN. Core Wealth Advisors LLC bought a new stake in shares of Fabrinet during the fourth quarter valued at approximately $25,000. Westend Capital Management LLC acquired a new position in shares of Fabrinet during the fourth quarter worth approximately $29,000. Harbour Investments Inc. grew its holdings in Fabrinet by 75.0% in the 4th quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after buying an additional 27 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new position in Fabrinet in the 4th quarter worth approximately $32,000. Finally, Quarry LP increased its position in Fabrinet by 300.0% in the 4th quarter. Quarry LP now owns 72 shares of the technology company’s stock valued at $33,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 97.38% of the company’s stock.

Insider Buying and Selling

In other Fabrinet news, Director Homa Bahrami sold 2,500 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $711.91, for a total value 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 approximately $11,556,435.03. This represents a 13.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on FN shares. Northland Securities set a $800.00 target price on Fabrinet in a research note on Monday, April 20th. Weiss Ratings cut Fabrinet from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 30th. Wall Street Zen raised Fabrinet from a “hold” rating to a “buy” rating in a report on Sunday. Needham & Company LLC reissued a “buy” rating and set a $800.00 price target on shares of Fabrinet in a report on Tuesday, May 5th. Finally, Fox Advisors cut shares of Fabrinet from a “strong-buy” rating to an “equal weight” rating in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Fabrinet currently has an average rating of “Moderate Buy” and an average price target of $661.75.

Fabrinet Price Performance

Shares of NYSE:FN opened at $471.48 on Monday. Fabrinet has a 12 month low of $272.49 and a 12 month high of $748.89. The stock has a market cap of $16.89 billion, a price-to-earnings ratio of 40.50 and a beta of 1.20. The stock’s 50 day moving average price is $615.70 and its 200 day moving average price is $564.04.

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

About Fabrinet

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.