Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fabrinet shares valued at $4,482,019 were sold by Gill Harpal on Jun 04 ’25. At $240.00 per share, Gill Harpal sold 18,675 shares. The insider’s holdings dropped to 18,068 shares worth approximately $5.17 million following the completion of this transaction.
Also, Gill Harpal purchased 18,675 shares, netting a total of over 4,482,000 in proceeds.
Before that, Olson Rollance E. had sold 2,500 shares from its account. In a trade valued at $559,940, the Director traded Fabrinet shares for $223.98 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $6.63 million.
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
On last trading session,, Fabrinet [NYSE: FN] rose 3.40% to $285.89. The stock’s lowest price that day was $276.9, but it reached a high of $288.66 in the same session. During the last five days, there has been a surge of approximately 10.47%. Over the course of the year, Fabrinet shares have jumped approximately 15.79%. Shares of the company reached a 52-week high of $288.72 on 06/25/25 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 278.95, which, if violated, would cause prices to drop to 272.02. In the upper region, resistance lies at 290.77. The next price resistance is at 295.66. RSI (Relative Strength Index) is 77.88 on the 14-day chart, showing overbought technical sentiment.
Is Fabrinet subject to short interest?
Stocks of Fabrinet saw a sharp rise in short interest on 2025-05-30 jumping by 0.54 million shares to 2.08 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.54 million shares. A jump of 26.06% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.0 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.0.
Which companies own the most shares of Fabrinet (FN)?
In terms of Fabrinet share price expectations, FactSet research, analysts set an average price target of 234 in the next 12 months, down nearly -15.37% from the previous closing price of $276.5. Analysts anticipate Fabrinet stock to reach 234 by 2025, with the lowest price target being 234. In spite of this, 5 analysts ranked Fabrinet stock as Buy at the end of 2025. On November 05, 2024, Needham assigned a price target of “a Buy” to the stock and resumed coverage with a $280.
