Fabrinet’s Top Executive Makes a Multi-Million Dollar Stock Sale!

New insider activity at Fabrinet ( (FN) ) has taken place on June 4, 2025.

In a significant financial move, Harpal Gill, the President and COO of Fabrinet, has sold 18,675 shares of the company’s stock. This transaction is valued at an impressive $4,482,000, marking a notable moment in the company’s financial activities.

Recent Updates on FN stock

Fabrinet’s recent developments highlight a strong financial performance in Q3 FY2025, with record revenue of $872 million, driven by significant growth in the telecom and automotive sectors. The company’s earnings call revealed a promising new partnership with Amazon, which includes a multi-year agreement and a warrant purchase agreement, signaling strategic market positioning. Despite the overall positive outlook, challenges were noted in the Datacom segment with an 18% revenue decline year-over-year, attributed to product transitions and demand fluctuations. Barclays adjusted its price target for Fabrinet due to these mixed results, citing solid fiscal Q3 results overshadowed by softer Datacom performance and uncertainty in the 1.6T cycle timing. Fabrinet’s forward guidance remains optimistic, with expected Q4 revenue between $860 million and $900 million, reflecting confidence in continued growth and market strength.

Spark’s Take on FN Stock

According to Spark, TipRanks’ AI Analyst, FN is a Outperform.

Fabrinet scores strongly in financial performance and earnings call analysis, driven by robust revenue growth and strategic partnerships. While technical indicators are generally positive, potential overvaluation and sector-specific challenges, such as declining Datacom revenue and temporary margin pressures, moderate the overall score.

To see Spark’s full report on FN stock, click here.

More about Fabrinet

YTD Price Performance: 8.85%

Average Trading Volume: 837,498

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.36B