Insider Trends: Fabrinet Insider Disposition Interrupting 90-Day Buy Trend
06:00 PM EST, 02/05/2021 (MT Newswires) -- Edward T Archer, EVP, Sales & Marketing, sold 2,260 shares of Fabrinet (FN) on Feb 04, 2021, for $196,274. Archer, subsequent to the transactions detailed in the SEC Form 4 filing, has 26,211 company shares, with a market value, based on the prior-day closing price, of $2.29 million.
During the most recent 90-day period, previous to the date of this filing, there have been 8 insider transactions reported to the SEC for Fabrinet. These transactions came from the activities of 8 individual insiders that resulted in a net acquisition of 8,830 company shares. This compares with the preceding 90-day window of time where there were 23 transactions from 6 insiders which resulted in the net disposition of 25,588 shares.
This level of insider transactions is below that of the peer group average in the 8-company Electronic Repair Services peer group over the last 90-day period. Activity in the peer group averaged 84.3 transactions per company, with company insiders acquiring on average 349,213 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1408710/000120919121008237/xslF345X03/doc4.xml
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