Rep. Lisa C. McClain Sells Fabrinet (NYSE:FN) Stock

Representative Lisa C. McClain (R-Michigan) recently sold shares of Fabrinet (NYSE:FN). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Fabrinet stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Fabrinet Stock Performance

Shares of FN opened at $415.89 on Tuesday. The firm has a market capitalization of $14.90 billion, a P/E ratio of 42.83 and a beta of 1.05. The stock has a 50 day moving average price of $403.41 and a two-hundred day moving average price of $330.09. Fabrinet has a 52 week low of $148.55 and a 52 week high of $498.00.

Fabrinet (NYSE:FN) last posted its quarterly earnings data on Monday, November 3rd. The technology company reported $2.92 EPS for the quarter, beating the consensus estimate of $2.83 by $0.09. The firm had revenue of $978.13 million during the quarter, compared to analyst estimates of $935.04 million. Fabrinet had a net margin of 9.77% and a return on equity of 18.16%. The company’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter last year, the business posted $2.39 EPS. Fabrinet has set its Q2 2026 guidance at 3.150-3.300 EPS. On average, equities analysts forecast that Fabrinet will post 9.4 earnings per share for the current year.

Analyst Ratings Changes

FN has been the topic of a number of recent analyst reports. B. Riley increased their price target on shares of Fabrinet from $184.00 to $220.00 and gave the stock a “neutral” rating in a report on Tuesday, August 19th. Rosenblatt Securities increased their target price on shares of Fabrinet from $425.00 to $550.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Zacks Research raised shares of Fabrinet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. upped their price target on Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Finally, Northland Securities set a $550.00 price objective on shares of Fabrinet in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Fabrinet currently has an average rating of “Moderate Buy” and a consensus target price of $451.29.

Hedge Funds Weigh In On Fabrinet

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. increased its position in shares of Fabrinet by 20.4% during the third quarter. Cullen Frost Bankers Inc. now owns 171 shares of the technology company’s stock worth $62,000 after purchasing an additional 29 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in Fabrinet by 3.2% in the 2nd quarter. Coldstream Capital Management Inc. now owns 998 shares of the technology company’s stock valued at $294,000 after purchasing an additional 31 shares during the last quarter. Evergreen Capital Management LLC grew its position in Fabrinet by 1.0% in the second quarter. Evergreen Capital Management LLC now owns 3,032 shares of the technology company’s stock worth $893,000 after acquiring an additional 31 shares during the period. Stephens Inc. AR raised its holdings in Fabrinet by 4.4% in the 3rd quarter. Stephens Inc. AR now owns 782 shares of the technology company’s stock valued at $285,000 after buying an additional 33 shares during the period. Finally, Profund Advisors LLC lifted its holdings in shares of Fabrinet by 2.2% in the 3rd quarter. Profund Advisors LLC now owns 1,505 shares of the technology company’s stock worth $549,000 after acquiring an additional 33 shares during the last quarter. Hedge funds and other institutional investors own 97.38% of the company’s stock.

Insider Activity at Fabrinet

In other Fabrinet news, EVP Edward T. Archer sold 3,333 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $354.48, for a total transaction of $1,181,481.84. Following the sale, the executive vice president directly owned 6,644 shares in the company, valued at $2,355,165.12. This represents a 33.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Harpal Gill sold 14,203 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $355.15, for a total value of $5,044,195.45. Following the completion of the sale, the chief operating officer directly owned 13,983 shares in the company, valued at $4,966,062.45. This represents a 50.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 27,049 shares of company stock worth $9,360,401 in the last three months. 0.24% of the stock is owned by company insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Fabrinet Company Profile

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.