tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Top Executive at Fabrinet Makes a Major Stock Sale

Top Executive at Fabrinet Makes a Major Stock Sale

New insider activity at Fabrinet ( (FN) ) has taken place on September 2, 2025.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Edward T. Archer, the Executive Vice President of Sales and Marketing at Fabrinet, has recently sold 3,200 shares of the company’s stock. This transaction amounted to a significant total of $1,072,417.

Recent Updates on FN stock

Fabrinet has recently experienced significant stock price volatility, with its shares falling by over 10% despite reporting record-breaking revenue and earnings in its latest quarterly earnings call. The company announced a 21% year-over-year increase in fourth quarter revenue, driven by strong growth in the telecom and data center interconnect (DCI) segments. However, challenges in the datacom segment due to supply constraints and a decline in automotive revenue have tempered these achievements. Despite these hurdles, Fabrinet remains optimistic about its growth trajectory, with strategic partnerships and expansions, including a significant partnership with Amazon Web Services and the construction of a new facility. JPMorgan upgraded Fabrinet to Overweight, citing the post-earnings pullback as an attractive entry point and highlighting the company’s potential upside due to its exposure to Nvidia, Ciena, and Amazon. The firm’s 1.6T opportunity with Nvidia is expected to contribute significantly to future revenues. Additionally, insider selling by the CEO and CFO was reported, which may have influenced recent stock movements.

Spark’s Take on FN Stock

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

Fabrinet’s strong financial performance and positive earnings call are key strengths, contributing to a solid overall score. However, technical indicators suggest potential bearish momentum, and the stock’s valuation appears high, which tempers the overall score.

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

More about Fabrinet

YTD Price Performance: 50.33%

Average Trading Volume: 645,696

Technical Sentiment Signal: Buy

Current Market Cap: $11.84B

Disclaimer & DisclosureReport an Issue

1