Edward T Archer, EVP at Fabrinet (NYSE:FN), reported a large insider sell on August 30, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Archer sold 10,358 shares of Fabrinet. The total transaction amounted to $1,629,582.
Fabrinet shares are trading up 0.39% at $158.97 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing ...