Vanguard Personalized Indexing Management LLC Has $2 Million Stock Holdings in Fabrinet $FN

Vanguard Personalized Indexing Management LLC lessened its holdings in Fabrinet (NYSE:FN) by 9.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,783 shares of the technology company’s stock after selling 678 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Fabrinet were worth $1,999,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of FN. Maseco LLP acquired a new stake in shares of Fabrinet in the 2nd quarter valued at $25,000. Banque Cantonale Vaudoise acquired a new stake in shares of Fabrinet in the 1st quarter valued at $29,000. Wayfinding Financial LLC acquired a new stake in shares of Fabrinet in the 1st quarter valued at $30,000. Berbice Capital Management LLC acquired a new stake in shares of Fabrinet in the 1st quarter valued at $30,000. Finally, Private Trust Co. NA lifted its stake in shares of Fabrinet by 44.3% in the 1st quarter. Private Trust Co. NA now owns 166 shares of the technology company’s stock valued at $33,000 after acquiring an additional 51 shares during the last quarter. Institutional investors and hedge funds own 97.38% of the company’s stock.

Fabrinet Stock Up 3.7%

Shares of NYSE:FN opened at $412.97 on Friday. The firm has a market cap of $14.76 billion, a P/E ratio of 44.99 and a beta of 1.05. Fabrinet has a 12-month low of $148.55 and a 12-month high of $432.00. The business has a fifty day simple moving average of $353.58 and a 200 day simple moving average of $283.57.

Fabrinet (NYSE:FN) last announced its earnings results on Monday, August 18th. The technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.02. The business had revenue of $909.69 million during the quarter, compared to analyst estimates of $880.19 million. Fabrinet had a return on equity of 17.77% and a net margin of 9.72%.Fabrinet’s revenue for the quarter was up 20.8% compared to the same quarter last year. During the same period last year, the company earned $2.41 EPS. Fabrinet has set its Q1 2026 guidance at 2.750-2.900 EPS. As a group, equities research analysts expect that Fabrinet will post 9.4 EPS for the current year.

Insider Buying and Selling

In related news, CEO Seamus Grady sold 9,513 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $329.52, for a total transaction of $3,134,723.76. Following the completion of the transaction, the chief executive officer directly owned 46,024 shares of the company’s stock, valued at $15,165,828.48. This trade represents a 17.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Harpal Gill sold 14,203 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $355.15, for a total value of $5,044,195.45. Following the transaction, the chief operating officer directly owned 13,983 shares of the company’s stock, valued at approximately $4,966,062.45. This represents a 50.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,049 shares of company stock valued at $9,360,401 in the last three months. Insiders own 0.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on FN. Rosenblatt Securities increased their price target on Fabrinet from $360.00 to $425.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Zacks Research cut Fabrinet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. increased their price target on Fabrinet from $345.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday. Wolfe Research began coverage on Fabrinet in a research note on Tuesday, July 8th. They issued a “peer perform” rating for the company. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Fabrinet in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Fabrinet has an average rating of “Moderate Buy” and a consensus target price of $337.33.

About Fabrinet

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.