Nebius Group prices $1 billion share offering at $92.50 per share
Edward T. Archer, Executive Vice President of Sales & Marketing at Fabrinet (NYSE:FN), sold 3,333 shares of the company’s stock on September 4, 2025, according to a Form 4 filing with the Securities and Exchange Commission.
The sales were executed in three separate transactions. The prices obtained for these shares ranged from $353.676 to $355.327, resulting in a total transaction value of $1,181,473.
Specifically, Archer sold 1,300 shares, 1,533 shares and 500 shares in the transactions. Following these transactions, Archer directly owns 6,644 shares of Fabrinet .
In other recent news, Fabrinet reported its fourth-quarter 2025 earnings, achieving an earnings per share (EPS) of $2.65, slightly surpassing analysts’ expectations of $2.64. The company’s revenue also exceeded forecasts, reaching $910 million compared to the projected $883 million. Barclays responded to this better-than-expected performance by raising its price target for Fabrinet to $329.00, citing strong demand in optical manufacturing. Meanwhile, JPMorgan upgraded Fabrinet from Neutral to Overweight, attributing the decision to the company’s potential in AI infrastructure growth despite recent supply shortages. Additionally, Raymond James highlighted Fabrinet’s positive financial results as a promising indicator for major clients like Cisco, which experienced a 59% sales increase year-over-year in fiscal year 2025. These developments suggest a favorable outlook for Fabrinet and its partners in the telecommunications and networking sectors.
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