Fabrinet Jumps 1.33% on JPMorgan Upgrade as $240M Volume Ranks 446th Amid Institutional Shifts and Down Market Resilience

On September 2, 2025, Fabrinet (FN) rose 1.33% to $339.99, with a trading volume of $240 million, ranking 446th in market activity. The stock’s recent performance followed a strategic upgrade by JPMorgan Chase & Co., which raised its rating to Overweight from Neutral. Analysts highlighted record revenue and strategic partnerships as key drivers during the Q4 2025 earnings call, with earnings per share exceeding expectations. Institutional investors, including Value Aligned Research Advisors LLC and Trexquant Investment LP, adjusted their holdings, reflecting shifting confidence in the stock. Despite insider selling, including CEO Csaba Sverha’s $3.11 million in shares, the company’s strong earnings growth and buyback announcement reinforced its bull case.

Analysts noted Fabrinet’s ability to navigate growth challenges, with Zacks Research and Needham & Company LLC maintaining Buy ratings. The stock’s price-to-earnings ratio of 36.51 remained lower than sector averages, suggesting undervaluation relative to peers. Short interest declined by 20.75% in the past month, indicating improving investor sentiment. Institutional ownership at 97.38% underscored confidence in the company’s long-term prospects, though insider transactions revealed mixed signals, with executives selling shares ahead of recent upgrades.

Backtest results for the period showed Fabrinet’s stock closing at $339.99 after hours, with a 1.33% increase from the previous day’s close. Trading volume reached $240 million, reflecting moderate activity amid analyst-driven momentum. The stock’s performance aligned with broader market trends, as the S&P 500 and Nasdaq experienced declines, highlighting Fabrinet’s relative resilience in a mixed market environment.