Fabrinet $FN Holdings Cut by William Blair Investment Management LLC

Posted by Brian Himes on May 24th, 2026

William Blair Investment Management LLC lowered its holdings in Fabrinet (NYSE:FN – Free Report) by 11.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 200,324 shares of the technology company’s stock after selling 26,353 shares during the period. William Blair Investment Management LLC’s holdings in Fabrinet were worth $91,204,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Westend Capital Management LLC bought a new position in Fabrinet in the fourth quarter worth about $29,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Fabrinet during the fourth quarter valued at approximately $32,000. Root Financial Partners LLC bought a new stake in shares of Fabrinet during the third quarter valued at approximately $34,000. Rakuten Securities Inc. raised its holdings in shares of Fabrinet by 340.9% during the fourth quarter. Rakuten Securities Inc. now owns 97 shares of the technology company’s stock valued at $44,000 after buying an additional 75 shares during the last quarter. Finally, USA Financial Formulas bought a new stake in shares of Fabrinet during the fourth quarter valued at approximately $49,000. Institutional investors own 97.38% of the company’s stock.

Insider Buying and Selling

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 stock was sold at an average price of $711.91, for a total transaction 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. The trade was 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 available at the SEC website. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on FN shares. Needham & Company LLC reaffirmed a “buy” rating and set a $800.00 price target on shares of Fabrinet in a report on Tuesday, May 5th. Fox Advisors cut Fabrinet from a “strong-buy” rating to an “equal weight” rating in a report on Tuesday, May 5th. Northland Securities set a $800.00 price target on Fabrinet in a report on Monday, April 20th. B. Riley Financial lifted their price target on Fabrinet from $366.00 to $452.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. cut their price target on Fabrinet from $700.00 to $680.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fabrinet currently has an average rating of “Moderate Buy” and a consensus price target of $661.75.

View Our Latest Research Report on Fabrinet

Fabrinet Price Performance

Shares of NYSE:FN opened at $705.89 on Friday. Fabrinet has a 12 month low of $222.66 and a 12 month high of $748.89. The stock has a market cap of $25.29 billion, a price-to-earnings ratio of 60.64 and a beta of 1.22. The stock’s 50 day moving average price is $622.90 and its 200 day moving average price is $529.44.

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

Fabrinet 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.

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Institutional Ownership by Quarter for Fabrinet (NYSE:FN)

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