A Director at Fabrinet (FN) is Selling Shares


Today, a Director at Fabrinet (NYSE: FN), Rollance Olson, sold shares of FN for $240.1K.

Following Rollance Olson’s last FN Sell transaction on August 23, 2016, the stock climbed by 8.0%.

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FN’s market cap is $1.75B and the company has a P/E ratio of 21.25. Currently, Fabrinet has an average volume of 638K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $48.00, reflecting a 0.4% upside.

The insider sentiment on Fabrinet has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Fabrinet engages in the provision of optical packaging and electronic manufacturing services to original equipment manufacturers. The firm’s engineering services include process design, failure analysis, reliability testing, tooling design, and real-time traceability system.

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