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SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US OptionsDetailed Quotes
FN240621C210000
- 37.65
- +8.20+27.84%
15min DelayClose Jun 20 16:00 ET
37.65High37.65Low
37.65Open29.45Pre Close1 Volume21 Open Interest210.00Strike Price3.77KTurnover0.00%IV0.67%PremiumJun 21, 2024Expiry Date35.99Intrinsic Value100Multiplier1DDays to Expiry1.66Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma6.84Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Intraday
- 5D
- Daily
News
Fabrinet Insiders Sell US$22m Of Stock, Possibly Signalling Caution
In the last year, many Fabrinet (NYSE:FN) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful
Express News | Fabrinet: Forbes Alexander Has Been Appointed to Company's Board of Directors, Expanding Board to Eight Members
Express News | Fabrinet Appoints Forbes Alexander to Board of Directors
Citic Initiates Fabrinet at Buy With $239 Price Target
Fabrinet (FN) has an average investment rating of outperform among analysts polled by Capital IQ, with price targets ranging from $171 to $260.
Fabrinet to Present at Rosenblatt Securities 4th Annual Technology Summit
Fabrinet (NYSE: FN) today announced that its management will present virtually at the Rosenblatt Securities 4th Annual Technology Summit.
Looking Into Fabrinet's Recent Short Interest
Fabrinet's (NYSE:FN) short percent of float has fallen 13.26% since its last report. The company recently reported that it has 1.26 million shares sold short, which is 4.84% of all regular shares that
Comments
The President & COO's sale of all holdings, even below current price, could be seen negatively, implying they deemed a lower price reasonable. However, it's not a clear sign that insiders think shares are fully valued. The absence of insider purchases in the past year, along with recent selling, calls for caution.
Fabrinet's short term liquidity and net cash position suggest easy debt payoff. Its balance sheet isn't stretched, and it doesn't carry heavy debt. With 66% of its EBIT converted to free cash flow, it's well-positioned for debt reduction when needed. Thus, Fabrinet's debt usage isn't seen as risky.
Insider sales of Fabrinet shares, including a significant sale by the Lead Independent Director, and the absence of insider purchases over the past year may raise investor concerns. Despite insiders owning a part of the company, the sales history suggests caution before buying Fabrinet shares.
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Fabrinet's promising ability to reinvest capital profitably and generate higher returns is reassuring. Investors anticipate more positive outcomes, as shown by a 320% total return over the past five years.
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