Weekly Fabrinet (NYSE:FN) Ratings on Jun 29, 2018

June 29, 2018 - By Tyler Harlow

Big Money Sentiment increased to 0.96 in 2018 Q1. It has change of 0.06, from 2017Q4’s 0.9. The ratio improved due to Fabrinet positioning: 34 sold and 51 reduced. 29 funds acquired stakes and 53 increased stakes. Investors holded 43.87 million in 2017Q4 but now own 36.25 million shares or 17.37% less.
Teacher Retirement Sys Of Texas accumulated 0% or 8,351 shs. Dimensional Fund Advisors Lp invested in 2.62 million shs. Moreover, Paradigm Capital New York has 2.12% invested in Fabrinet (NYSE:FN) for 798,100 shs. New York State Common Retirement Fund has 0% invested in Fabrinet (NYSE:FN). Principal Fincl Gru reported 285,968 shs. Piedmont Investment Advsrs Ltd Limited Liability Company has 7,974 shs for 0.01% of their capital. Prudential Fincl holds 61,139 shs or 0% of its capital. Tiaa Cref Inv Limited Com invested 0.01% in Fabrinet (NYSE:FN). Wells Fargo Mn holds 29,413 shs or 0% of its capital. Heartland Advsrs reported 1.15% in Fabrinet (NYSE:FN). Voya Inv Management Ltd Liability owns 0% invested in Fabrinet (NYSE:FN) for 15,647 shs. Arizona State Retirement Systems invested 0.02% of its capital in Fabrinet (NYSE:FN). Profund Advisors Limited Liability has invested 0.01% in Fabrinet (NYSE:FN). Gp One Trading Limited Partnership holds 0% of its capital in Fabrinet (NYSE:FN) for 3,694 shs. Interest Gp Inc stated it has 23,205 shs.

Fabrinet registered $15.93 million net activity with 0 insider purchases and 14 sales since January 8, 2018. $1.03 million worth of Fabrinet (NYSE:FN) shs were sold by Gill Harpal. On Friday, May 25 27,188 shs were sold by Ng Toh-Seng, worth $1.00M.

Fabrinet (NYSE:FN) Ratings Coverage

A total of 5 analysts rate Fabrinet (NYSE:FN) as follows: 4 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 80% are bullish. (NYSE:FN) has 7 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Monday, January 29 the stock of Fabrinet (NYSE:FN) has “Buy” rating given by Northland Capital. On Tuesday, April 17 the firm has “Buy” rating by Northland Capital given. On Monday, February 5 Piper Jaffray maintained the shares of FN in report with “Buy” rating. On Tuesday, February 6 the company was maintained by Needham. On Tuesday, May 8 the company was maintained by FBR Capital. On Wednesday, January 24 Stifel Nicolaus maintained Fabrinet (NYSE:FN) with “Buy” rating. On Wednesday, May 30 the rating was downgraded by Northland Capital to “Hold”. Listed here are Fabrinet (NYSE:FN) PTs and latest ratings.

30/05/2018 Broker: Northland Capital Rating: Hold Downgrade
08/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $38 New Target: $40 Maintain
17/04/2018 Broker: Northland Capital Rating: Buy New Target: $35.0000 Maintain
06/02/2018 Broker: Needham Rating: Buy New Target: $40.0 Maintain
05/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $42.0 Maintain
29/01/2018 Broker: Northland Capital Rating: Buy New Target: $37.0 Maintain
24/01/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $40 New Target: $35 Maintain

The stock increased 2.29% or $0.83 during the last trading session, touching $37.05.Currently Fabrinet is downtrending after 0.57% change in last June 29, 2017. FN has 91,511 shares volume. FN underperformed by 13.14% the S&P500.

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors.The firm is worth $1.37 billion. It offers a range of optical and electro-mechanical capabilities across the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and test.15.91 is the P/E ratio. The companyÂ’s products comprise switching products, such as reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths and speeds, and over various distances; tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as for Infiniband, Ethernet, fiber channel, and optical backplane connectivity.

Fabrinet (NYSE:FN) Analyst Ratings Chart

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