Fabrinet $FN Shares Sold by Public Employees Retirement System of Ohio

Posted by Brian Himes on Jul 30th, 2026

Public Employees Retirement System of Ohio lessened its stake in Fabrinet (NYSE:FN – Free Report) by 22.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 8,760 shares of the technology company’s stock after selling 2,596 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Fabrinet were worth $4,569,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in FN. Core Wealth Advisors LLC acquired a new stake in Fabrinet in the fourth quarter valued at approximately $25,000. Harbour Investments Inc. raised its position in shares of Fabrinet by 75.0% during the 4th quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after acquiring an additional 27 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Fabrinet during the 1st quarter worth about $31,000. Creative Financial Designs Inc. ADV purchased a new stake in Fabrinet during the fourth quarter worth approximately $32,000. Finally, Quarry LP boosted its holdings in Fabrinet by 300.0% in the fourth quarter. Quarry LP now owns 72 shares of the technology company’s stock valued at $33,000 after purchasing an additional 54 shares in the last quarter. 97.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Fabrinet

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

Analysts Set New Price Targets

A number of analysts have weighed in on FN shares. Needham & Company LLC cut their price objective on shares of Fabrinet from $800.00 to $650.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Wall Street Zen downgraded shares of Fabrinet from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Zacks Research lowered shares of Fabrinet from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Rosenblatt Securities upped their price objective on shares of Fabrinet from $715.00 to $750.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. dropped their price objective on Fabrinet from $700.00 to $680.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Fabrinet has an average rating of “Moderate Buy” and an average target price of $643.00.

Check Out Our Latest Stock Analysis on FN

Fabrinet Trading Down 7.8%

Shares of FN opened at $414.79 on Thursday. The firm has a market cap of $14.86 billion, a PE ratio of 35.63 and a beta of 1.20. The company’s 50 day simple moving average is $565.63 and its 200-day simple moving average is $565.00. Fabrinet has a 12-month low of $272.49 and a 12-month high of $748.89.

Fabrinet (NYSE:FN – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The technology company reported $3.72 EPS for the quarter, beating the consensus estimate of $3.58 by $0.14. The firm had revenue of $1.21 billion during 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%. Fabrinet’s revenue for the quarter was up 39.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.52 EPS. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. As a group, equities research analysts forecast that Fabrinet will post 12.97 EPS for the current fiscal year.

About Fabrinet

(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.