Analyst Activity – Needham & Company LLC Lowers Its Price Target On Fabrinet (NYSE:FN) to $40.00

ME Staff
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Analyst Ratings For Fabrinet (NYSE:FN)

Today, Needham & Company LLC lowered its price target on Fabrinet (NYSE:FN) to $40.00 per share.

Some recent analyst ratings include

  • 11/10/2017-Piper Jaffray Companies Reiterated Rating of Buy.
  • 11/7/2017-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Overweight ” rating to a ” Neutral” rating. They now have a $42.00 price target on the stock.

Recent Insider Trading Activity For Fabrinet (NYSE:FN)
Fabrinet (NYSE:FN) has insider ownership of 3.30% and institutional ownership of 96.45%.

  • On 1/8/2018 David T Mitchell, Insider, sold 8,600 with an average share price of $30.02 per share and the total transaction amounting to $258,172.00.
  • On 12/1/2017 David T Mitchell, Insider, sold 50,000 with an average share price of $30.93 per share and the total transaction amounting to $1,546,500.00.
  • On 11/9/2017 David T Mitchell, Insider, sold 50,000 with an average share price of $30.03 per share and the total transaction amounting to $1,501,500.00.
  • On 8/30/2017 Harpal Gill, COO, sold 50,000 with an average share price of $39.07 per share and the total transaction amounting to $1,953,500.00.
  • On 8/30/2017 Toh-Seng Ng, CFO, sold 22,500 with an average share price of $39.00 per share and the total transaction amounting to $877,500.00.
  • On 8/29/2017 Thomas F Kelly, Director, sold 30,000 with an average share price of $38.24 per share and the total transaction amounting to $1,147,200.00.
  • On 8/25/2017 David T Mitchell, CEO, sold 105,000 with an average share price of $38.63 per share and the total transaction amounting to $4,056,150.00.

Recent Trading Activity for Fabrinet (NYSE:FN)
Shares of Fabrinet closed the previous trading session at 30.11 up +6.06 25.20% with 30.200000762939453 shares trading hands.