David T. Mitchell, Director at Fabrinet (FN), sold 50,000 shares at $108.38 ($5.5M) on 2022-08-23, disclosed to the SEC on 2022-08-25.
Seasonal sale ($5.5M) by Director — this insider has traded FN in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $108.38 | 20,000 | $2.2M | 39.4% |
| 2 | $109.00 | 10,000 | $1.1M | 19.8% |
| 3 | $112.00 | 20,000 | $2.2M | 40.7% |
| Total | $109.95 avg | 50,000 | $5.5M | 100% |
| Filing → |
| FN | SELL | 2019-11-01 | $1.7M | — | Filing → |
| FN | SELL | 2019-10-01 | $1.6M | — | Filing → |
| FN | SELL | 2019-09-04 | $1.5M | — | Filing → |