Curated Wealth Partners LLC Makes New $225,000 Investment in Fabrinet $FN

Curated Wealth Partners LLC acquired a new position in Fabrinet (NYSE:FN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 762 shares of the technology company’s stock, valued at approximately $225,000.

A number of other institutional investors have also added to or reduced their stakes in FN. Cetera Investment Advisers grew its holdings in shares of Fabrinet by 11.6% in the first quarter. Cetera Investment Advisers now owns 13,212 shares of the technology company’s stock valued at $2,610,000 after acquiring an additional 1,368 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in Fabrinet by 40.8% in the 1st quarter. Atria Wealth Solutions Inc. now owns 5,457 shares of the technology company’s stock valued at $1,078,000 after purchasing an additional 1,582 shares during the period. Private Trust Co. NA grew its stake in 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 purchasing an additional 51 shares during the period. Canada Pension Plan Investment Board grew its position in Fabrinet by 76.1% during the first quarter. Canada Pension Plan Investment Board now owns 69,400 shares of the technology company’s stock valued at $13,707,000 after buying an additional 30,000 shares during the period. Finally, Deutsche Bank AG grew its position in Fabrinet by 13.9% during the first quarter. Deutsche Bank AG now owns 51,549 shares of the technology company’s stock valued at $10,181,000 after buying an additional 6,272 shares during the period. 97.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Fabrinet

In other Fabrinet news, CEO Seamus Grady sold 9,513 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The shares were 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 owned 46,024 shares of the company’s stock, valued at approximately $15,165,828.48. This trade represents a 17.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Edward T. Archer sold 3,333 shares of the firm’s stock in a transaction dated 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 owned 6,644 shares of the company’s stock, valued at approximately $2,355,165.12. This represents a 33.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,049 shares of company stock valued at $9,360,401 in the last 90 days. Insiders own 0.38% of the company’s stock.

Fabrinet Stock Performance

NYSE FN opened at $375.99 on Wednesday. Fabrinet has a 52-week low of $148.55 and a 52-week high of $397.26. The company has a market capitalization of $13.43 billion, a P/E ratio of 40.96 and a beta of 1.05. The company has a fifty day moving average of $350.70 and a 200-day moving average of $281.28.

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

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Wolfe Research initiated coverage on shares of Fabrinet in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $350.00 price objective on shares of Fabrinet in a report on Tuesday, August 19th. Barclays raised their price target on Fabrinet from $234.00 to $329.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 19th. JPMorgan Chase & Co. raised Fabrinet from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $318.00 to $345.00 in a report on Monday, August 25th. Finally, Rosenblatt Securities raised their target price on Fabrinet from $360.00 to $425.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $323.17.

Fabrinet 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.