Fabrinet (NYSE:FN) Shares Acquired Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently bought shares of Fabrinet (NYSE:FN). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Fabrinet stock on October 30th. 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 Up 4.6%

Shares of FN traded up $19.65 during mid-day trading on Thursday, hitting $449.34. The company had a trading volume of 817,835 shares, compared to its average volume of 754,509. The stock has a market cap of $16.10 billion, a PE ratio of 46.28 and a beta of 1.05. Fabrinet has a 1-year low of $148.55 and a 1-year high of $498.00. The business’s 50-day simple moving average is $406.71 and its 200-day simple moving average is $332.52.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FN. Rosenblatt Securities increased their target price on Fabrinet from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Barclays upped their price objective on shares of Fabrinet from $329.00 to $499.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Northland Securities set a $550.00 target price on Fabrinet in a report on Tuesday, November 4th. JPMorgan Chase & Co. lifted their price target on Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Finally, B. Riley increased their price objective on Fabrinet from $184.00 to $220.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 19th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $451.29.

Read Our Latest Report on FN

Institutional Investors Weigh In On Fabrinet

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

Insider Transactions at Fabrinet

In other Fabrinet news, EVP Edward T. Archer sold 3,333 shares of the business’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $354.48, for a total value of $1,181,481.84. Following the completion of the transaction, the executive vice president directly owned 6,644 shares of the company’s stock, valued at approximately $2,355,165.12. The trade was a 33.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Harpal Gill sold 14,203 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $355.15, for a total transaction of $5,044,195.45. Following the completion of the transaction, the chief operating officer owned 13,983 shares of the company’s stock, valued at $4,966,062.45. This trade represents a 50.39% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.24% of the stock is owned by corporate 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

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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.

Further Reading

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