Insider Trends: Selling By Insiders Lingers at Fabrinet
06:01 PM EST, 02/05/2021 (MT Newswires) -- Rollance E Olson, Director, sold 7,000 shares in Fabrinet (FN) for $604,298 on Feb 04, 2021. Following the Form 4 filing with the SEC, Olson has 41,474 shares of the company, which have a market value of $3.63 million as of the prior-day closing price.
In the 90 days prior to the date of this filing, there have been 9 insider transactions reported to the SEC for Fabrinet. These transactions came from the activities of 8 separate insiders that resulted in a net acquisition of 6,570 company shares. This compares with the preceding 90-day window of time where there were 23 transactions from 6 insiders that resulted in the net disposition of 25,588 shares.
This is lower than the average level of insider transactions in the 8-company Electronic Repair Services peer group over the last 90-day period. Activity in the peer group averaged 84.4 transactions per company, with company insiders acquiring on average 349,248 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1408710/000120919121008239/xslF345X03/doc4.xml
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