Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fabrinet shares valued at $559,940 were sold by Olson Rollance E. on May 13 ’25. At $223.98 per share, Olson Rollance E. sold 2,500 shares. The insider’s holdings dropped to 23,201 shares worth approximately $5.45 million following the completion of this transaction.
Also, Olson Rollance E. purchased 2,500 shares, netting a total of over 559,940 in proceeds.
Before that, Gill Harpal had added 18,675 shares to its account. In a trade valued at $5,135,625, the Officer bought Fabrinet shares for $275.00 each.
As published in a research note from B. Riley Securities on April 04, 2025, Fabrinet [FN] has been rated up from a Sell to a Neutral and the price target has been revised to $176. Analysts at Fox Advisors started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid February. As of November 20, 2024, B. Riley Securities has decreased its “Neutral” rating to a “Sell” for FN. Earlier on November 14, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for FN stock.
Analyzing FN Stock Performance
During the last five days, there has been a surge of approximately 3.48%. Over the course of the year, Fabrinet shares have jumped approximately 6.81%. Shares of the company reached a 52-week high of $281.79 on 01/22/25 and a 52-week low of $148.55 on 04/04/25.
Support And Resistance Levels for Fabrinet (FN)
According to the 24-hour chart, there is a support level at 230.15, which, if violated, would cause prices to drop to 225.43. In the upper region, resistance lies at 240.29. The next price resistance is at 245.71. RSI (Relative Strength Index) is 63.46 on the 14-day chart, showing neutral technical sentiment.
