<div id="readability-page-1"><p>Aviva PLC trimmed its position in shares of  Fabrinet (NYSE:FN - Free Report) by 33.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  owned 1,937 shares of the technology company's stock after selling 988 shares during the quarter. Aviva PLC's holdings in Fabrinet were worth $571,000 at the end of the most recent quarter.</p><ul><li>The Best Way to Invest in Gold Is...</li></ul><p>A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cerity Partners LLC lifted its stake in shares of  Fabrinet by 151.9% in the 1st quarter. Cerity Partners LLC now owns 3,300 shares of the technology company's stock valued at $652,000 after purchasing an additional 1,990 shares during the period.  CWM LLC raised its holdings in  Fabrinet by 158.9% in the first quarter. CWM LLC now owns 2,258 shares of the technology company's stock worth $446,000 after purchasing an additional 1,386 shares in the last quarter.  Signaturefd LLC lifted its position in  Fabrinet by 14.3% during the first quarter. Signaturefd LLC now owns 609 shares of the technology company's stock valued at $120,000 after buying an additional 76 shares during the period.  SBI Securities Co. Ltd. lifted its position in  Fabrinet by 93.5% during the first quarter. SBI Securities Co. Ltd. now owns 180 shares of the technology company's stock valued at $36,000 after buying an additional 87 shares during the period.  Finally, Larson Financial Group LLC boosted its holdings in shares of  Fabrinet by 2,830.0% during the 1st quarter. Larson Financial Group LLC now owns 293 shares of the technology company's stock valued at $58,000 after buying an additional 283 shares in the last quarter. Hedge funds and other institutional investors own  97.38% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several research analysts recently issued reports on FN shares. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Fabrinet in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Fabrinet from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Thursday, October 23rd. Rosenblatt Securities lifted their target price on shares of Fabrinet from $425.00 to $550.00 and gave the company a &#34;buy&#34; rating in a report on Tuesday, November 4th. JPMorgan Chase &amp; Co. boosted their price target on Fabrinet from $430.00 to $530.00 and gave the stock an &#34;overweight&#34; rating in a research report on Tuesday, November 4th. Finally, Northland Securities  set a $550.00 price target on Fabrinet in a research note on Tuesday, November 4th. One research analyst  has rated the stock with a Strong Buy rating, five have assigned  a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $451.29.</p><ul><li>Why Warren Buffett Is Selling: A Look at His Latest Market Moves</li></ul><p><b>Get Our Latest Research Report on FN</b></p><h2>Insider Activity at Fabrinet</h2><p>In other news, 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 $2,355,165.12. This trade represents a 33.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Harpal Gill sold 14,203 shares of Fabrinet 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 sale, the chief operating officer owned 13,983 shares of the company's stock, valued at $4,966,062.45. This represents a 50.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 27,049 shares of company stock valued at $9,360,401 over the last ninety days. Insiders own  0.24% of the company's stock. </p><h2>Fabrinet Stock Performance</h2><ul><li>Retail Sector Comeback Plays: SPDR S&amp;P Retail ETF, FND, and SHAK </li></ul><p>Shares of NYSE FN opened at $402.31 on Friday. The firm's 50 day moving average price is $397.76 and its 200-day moving average price is $318.88. Fabrinet has a 52-week low of $148.55 and a 52-week high of $498.00. The company has a market cap of $14.41 billion, a PE ratio of 41.43 and a beta of 1.05. </p><p>Fabrinet (NYSE:FN - Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The technology company reported $2.92 earnings per share for the quarter, topping analysts' consensus estimates of $2.83 by $0.09. Fabrinet had a net margin of 9.77% and a return on equity of 18.16%. The company had revenue of $978.13 million during the quarter, compared to analyst estimates of $935.04 million. During the same period in the previous year, the business earned $2.39 EPS. The firm's revenue for the quarter was up 21.6% on a year-over-year basis.  Fabrinet has set its Q2 2026 guidance at 3.150-3.300 EPS. On average, analysts forecast that  Fabrinet will post 9.4 earnings per share for the current fiscal year. </p><h2>Fabrinet Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Fabrinet</li><li>What is a Low P/E Ratio and What Does it Tell Investors?</li><li>dLocal Falls Despite Blowout Q3 Results—What Investors Are Missing</li><li>Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio</li><li>Ondas Holdings Signals a Rebound as Drone Demand Soars</li><li>Comparing and Trading High PE Ratio Stocks</li><li>Disney’s 2026 Outlook Brightens Under Iger's Magic Touch</li></ul><p><strong>Want to see what other hedge funds are holding FN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fabrinet (NYSE:FN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZO?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZO"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fabrinet Right Now?</h2><p>Before you consider Fabrinet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fabrinet wasn't on the list.</p><p>While Fabrinet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AVVIY

<p>Aviva PLC reduced its stake in Fabrinet by 33.8% in Q2, owning 1,937 shares valued at $571,000. Other institutional investors also adjusted their positions. Analysts have given Fabrinet a consensus rating of 'Moderate Buy' with a target price of $451.29. Recent insider sales include EVP Edward T. Archer and COO Harpal Gill. Fabrinet's stock opened at $402.31, with a market cap of $14.41 billion.</p>

Aviva PLC Lowers Position in Fabrinet $FN