Fabrinet $FN Shares Sold by TD Asset Management Inc

Posted by Stanley Muller on Jun 5th, 2026

TD Asset Management Inc trimmed its position in shares of Fabrinet (NYSE:FN – Free Report) by 4.0% during the fourth quarter, HoldingsChannel reports. The fund owned 409,838 shares of the technology company’s stock after selling 16,906 shares during the quarter. TD Asset Management Inc’s holdings in Fabrinet were worth $186,591,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Balboa Wealth Partners increased its stake in shares of Fabrinet by 2.5% during the fourth quarter. Balboa Wealth Partners now owns 863 shares of the technology company’s stock worth $393,000 after acquiring an additional 21 shares during the period. Richardson Financial Services Inc. increased its stake in shares of Fabrinet by 12.2% during the fourth quarter. Richardson Financial Services Inc. now owns 211 shares of the technology company’s stock worth $96,000 after acquiring an additional 23 shares during the period. REAP Financial Group LLC increased its stake in shares of Fabrinet by 15.7% during the fourth quarter. REAP Financial Group LLC now owns 192 shares of the technology company’s stock worth $87,000 after acquiring an additional 26 shares during the period. Harbour Investments Inc. increased its stake in shares of Fabrinet by 75.0% during the fourth quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after acquiring an additional 27 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Fabrinet by 7.4% during the fourth quarter. Allworth Financial LP now owns 405 shares of the technology company’s stock worth $184,000 after acquiring an additional 28 shares during the period. 97.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Fabrinet news, Director Homa Bahrami sold 2,500 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $711.91, for a total value of $1,779,775.00. Following the sale, the director owned 16,233 shares of the company’s stock, valued at $11,556,435.03. This represents a 13.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.24% of the stock is owned by company insiders.

Analysts Set New Price Targets

FN has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of Fabrinet from $548.00 to $702.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Weiss Ratings downgraded shares of Fabrinet from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Needham & Company LLC reissued a “buy” rating and set a $800.00 price objective on shares of Fabrinet in a report on Tuesday, May 5th. JPMorgan Chase & Co. decreased their price objective on shares of Fabrinet from $700.00 to $680.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Finally, Zacks Research raised shares of Fabrinet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $661.75.

Read Our Latest Stock Report on Fabrinet

Fabrinet Trading Down 0.8%

FN stock opened at $719.28 on Friday. The company has a market cap of $25.77 billion, a P/E ratio of 61.79 and a beta of 1.17. Fabrinet has a 52 week low of $231.51 and a 52 week high of $748.89. The company’s 50-day moving average price is $651.77 and its 200 day moving average price is $545.09.

Fabrinet (NYSE:FN – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The technology company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.14. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. Fabrinet had a net margin of 9.94% and a return on equity of 19.83%. The firm’s revenue was up 39.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.52 earnings per share. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. On average, equities research analysts expect that Fabrinet will post 12.96 earnings per share for the current year.

Fabrinet Company Profile

(Free Report)

Fabrinet is a global provider of advanced optical packaging and precision optical, electro‐mechanical and electronic manufacturing services (CEM). The company specializes in complex manufacturing processes for original equipment manufacturers (OEMs) in communications, data center, industrial, instrumentation and medical markets. Key capabilities include high‐precision fiber alignment, micro‐assembly, testing and diagnostics, and integration of electro‐optic subassemblies.

Incorporated in 2000, Fabrinet operates under a corporate structure headquartered in Singapore with additional regional offices and design centers in the Americas, Europe and Asia.

Fabrinet $FN Shares Sold by TD Asset Management Inc

Insider Activity

Analysts Set New Price Targets

Fabrinet Trading Down 0.8%

Fabrinet Company Profile

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