Fabrinet’s filing revealed that its Director Olson Rollance E. unloaded Company’s shares for reported $0.56 million on May 13 ’25. In the deal valued at $223.98 per share,2,500 shares were sold. As a result of this transaction, Olson Rollance E. now holds 23,201 shares worth roughly $5.28 million.
Then, Olson Rollance E. bought 2,500 shares, generating $559,940 in total proceeds.
Before that, Gill Harpal bought 18,675 shares. Fabrinet shares valued at $5,135,625 were divested by the Officer at a price of $275.00 per share.
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 fall -0.78% to $227.77. Over the last five days, the stock has gained 5.75%. Fabrinet shares have risen nearly 3.59% since the year began. Nevertheless, the stocks have fallen -3.77% over the past one year.
How much short interest is there in Fabrinet?
A steep rise in short interest was recorded in Fabrinet stocks on 2025-04-30, dropping by -0.66 million shares to a total of 1.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 2.2 million shares. There was a decline of -42.96%, which implies that there is a negative sentiment for the stock.