Envestnet Portfolio Solutions Inc. Acquires 4,096 Shares of Fabrinet $FN

Posted by Francis Steltz on May 23rd, 2026

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Fabrinet (NYSE:FN – Free Report) by 620.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,756 shares of the technology company’s stock after purchasing an additional 4,096 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Fabrinet were worth $2,165,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Westend Capital Management LLC bought a new position in Fabrinet during the fourth quarter worth about $29,000. Root Financial Partners LLC bought a new position in shares of Fabrinet in the third quarter valued at approximately $34,000. Rakuten Securities Inc. raised its stake in shares of Fabrinet by 340.9% in the fourth quarter. Rakuten Securities Inc. now owns 97 shares of the technology company’s stock valued at $44,000 after acquiring an additional 75 shares during the last quarter. USA Financial Formulas bought a new position in shares of Fabrinet in the fourth quarter valued at approximately $49,000. Finally, TD Private Client Wealth LLC raised its stake in shares of Fabrinet by 83.1% in the fourth quarter. TD Private Client Wealth LLC now owns 108 shares of the technology company’s stock valued at $49,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 97.38% of the company’s stock.

Fabrinet Price Performance

FN stock opened at $705.89 on Friday. The company has a 50 day moving average price of $622.90 and a 200 day moving average price of $529.44. Fabrinet has a fifty-two week low of $222.66 and a fifty-two week high of $748.89. The stock has a market capitalization of $25.29 billion, a PE ratio of 60.64 and a beta of 1.22.

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

Insiders Place Their Bets

In related news, Director Homa Bahrami sold 2,500 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 16,233 shares in the company, valued at $11,556,435.03. The trade was a 13.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.24% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on FN shares. Rosenblatt Securities lifted their target price 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. Wolfe Research upgraded shares of Fabrinet from a “peer perform” rating to an “outperform” rating and set a $540.00 target price for the company in a research note on Wednesday, February 4th. Needham & Company LLC reiterated a “buy” rating and issued a $800.00 target price on shares of Fabrinet in a research note on Tuesday, May 5th. B. Riley Financial lifted their target price on shares of Fabrinet from $366.00 to $452.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Finally, Fox Advisors cut shares of Fabrinet from a “strong-buy” rating to an “equal weight” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $661.75.

Get Our Latest Stock Report on Fabrinet

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.