Fabrinet’s recent filing unveils that its PRESIDENT & COO Gill Harpal unloaded Company’s shares for reported $4.48 million on Jun 04 ’25. In the deal valued at $240.00 per share,18,675 shares were sold. As a result of this transaction, Gill Harpal now holds 18,068 shares worth roughly $4.67 million.
Then, Gill Harpal bought 18,675 shares, generating $4,482,000 in total proceeds.
Before that, Olson Rollance E. sold 2,500 shares. Fabrinet shares valued at $559,940 were divested by the Director at a price of $223.98 per share. As a result of the transaction, Olson Rollance E. now holds 23,201 shares, worth roughly $6.0 million.
B. Riley Securities upgraded its Fabrinet [FN] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Fox Advisors’s analysts, who began to cover the stock in mid February with a ‘”an Overweight”‘ rating. B. Riley Securities also remained covering FN and has decreased its forecast on November 20, 2024 with a “Sell” recommendation from previously “Neutral” rating. Barclays started covering the stock on November 14, 2024. It rated FN as “an Equal weight”.
Price Performance Review of FN
On Monday, Fabrinet [NYSE:FN] saw its stock jump 5.44% to $258.43. Over the last five days, the stock has gained 11.00%. Fabrinet shares have risen nearly 17.53% since the year began. Nevertheless, the stocks have risen 8.73% over the past one year. While a 52-week high of $281.79 was reached on 01/22/25, a 52-week low of $148.55 was recorded on 04/04/25.
Levels Of Support And Resistance For FN Stock
The 24-hour chart illustrates a support level at 250.91, which if violated will result in even more drops to 243.38. On the upside, there is a resistance level at 263.32. A further resistance level may holdings at 268.20.
