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Insider Trends: Selling By Insiders Lingers at Fabrinet

· 02/05/2021 13:01

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

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.