In a filing, Fabrinet revealed 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 $4.88 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 $6.26 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 1.38%% to $269.87. Over the last five days, the stock has gained 10.11%. Fabrinet shares have risen nearly 6.11% since the year began. Nevertheless, the stocks have risen 22.74% 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 264.42, which if violated will result in even more drops to 258.98. On the upside, there is a resistance level at 273.09. A further resistance level may holdings at 276.32.
How much short interest is there in Fabrinet?
A steep rise in short interest was recorded in Fabrinet stocks on 2025-05-30, growing by 0.54 million shares to a total of 2.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.54 million shares. There was a rise of 26.06%, which implies that there is a positive sentiment for the stock.
