Rep. Josh Gottheimer Sells Fabrinet (NYSE:FN) Stock

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Fabrinet (NYSE:FN). In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fabrinet stock on July 14th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/20/2026.
• Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
• Purchased $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/16/2026.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/16/2026.

Fabrinet Price Performance

NYSE FN opened at $574.34 on Thursday. The company has a fifty day moving average price of $530.99 and a 200-day moving average price of $567.29. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 49.34 and a beta of 1.23. Fabrinet has a 1 year low of $272.49 and a 1 year high of $748.89.

Analyst Upgrades and Downgrades

FN has been the topic of several analyst reports. Wall Street Zen cut shares of Fabrinet from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Fox Advisors lowered shares of Fabrinet from a “strong-buy” rating to an “equal weight” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. dropped their target price on shares of Fabrinet from $700.00 to $680.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Needham & Company LLC cut their target price on Fabrinet from $800.00 to $650.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Finally, Rosenblatt Securities upped their target price on Fabrinet from $715.00 to $750.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $643.00.

Insider Transactions at Fabrinet

In related news, Director Homa Bahrami sold 2,500 shares of Fabrinet stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $711.91, for a total transaction of $1,779,775.00. Following the completion of the sale, the director owned 16,233 shares of the company’s stock, valued at approximately $11,556,435.03. This trade represents a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On Fabrinet

Institutional investors have recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA lifted its stake in Fabrinet by 1.7% in the 1st quarter. Glenmede Trust Co. NA now owns 1,168 shares of the technology company’s stock worth $609,000 after purchasing an additional 19 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of Fabrinet by 12.2% during the 4th quarter. Richardson Financial Services Inc. now owns 211 shares of the technology company’s stock valued at $96,000 after purchasing an additional 23 shares in the last quarter. REAP Financial Group LLC grew its position in shares of Fabrinet by 15.7% during the 4th quarter. REAP Financial Group LLC now owns 192 shares of the technology company’s stock valued at $87,000 after purchasing an additional 26 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of Fabrinet by 75.0% in the fourth quarter. Harbour Investments Inc. now owns 63 shares of the technology company’s stock worth $29,000 after purchasing an additional 27 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Fabrinet by 7.4% in the fourth quarter. Allworth Financial LP now owns 405 shares of the technology company’s stock worth $184,000 after purchasing an additional 28 shares during the period. Institutional investors own 97.38% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Fabrinet Company Profile

Fabrinet is a global provider of advanced optical packaging and precision optical, electro?mechanical and electronic manufacturing services (CEM). The company specializes in complex manufacturing processes for original equipment manufacturers (OEMs) in communications, data center, industrial, instrumentation and medical markets. Key capabilities include high?precision fiber alignment, micro?assembly, testing and diagnostics, and integration of electro?optic subassemblies.

Incorporated in 2000, Fabrinet operates under a corporate structure headquartered in Singapore with additional regional offices and design centers in the Americas, Europe and Asia.