Rep. Gilbert Ray Cisneros, Jr. Sells Flex Ltd. (NASDAQ:FLEX) Shares

Posted by James Quigley on Nov 21st, 2025

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on November 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flex stock on October 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Flex Stock Performance

Shares of NASDAQ FLEX traded down $3.79 during midday trading on Thursday, hitting $54.51. 3,889,161 shares of the company’s stock traded hands, compared to its average volume of 4,147,047. The firm has a fifty day moving average of $60.21 and a 200 day moving average of $52.31. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.83 and a current ratio of 1.33. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 24.12, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Flex Ltd. has a 1 year low of $25.11 and a 1 year high of $67.00.

Flex (NASDAQ:FLEX – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.75 by $0.04. The firm had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.70 billion. Flex had a return on equity of 20.86% and a net margin of 3.33%.Flex’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 EPS. Flex has set its FY 2026 guidance at 3.090-3.170 EPS. Q3 2026 guidance at 0.740-0.800 EPS. On average, analysts forecast that Flex Ltd. will post 2.33 earnings per share for the current year.

Analyst Ratings Changes

FLEX has been the subject of a number of recent analyst reports. Zacks Research raised Flex from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. boosted their price target on Flex from $60.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Stifel Nicolaus increased their price objective on shares of Flex from $45.00 to $52.00 and gave the company a “buy” rating in a report on Friday, July 25th. Argus set a $85.00 price objective on shares of Flex in a research report on Friday, October 31st. Finally, Bank of America upped their target price on shares of Flex from $58.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $65.75.

Check Out Our Latest Analysis on FLEX

Institutional Trading of Flex

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLEX. Norges Bank bought a new position in shares of Flex in the 2nd quarter worth $291,362,000. State Street Corp lifted its position in shares of Flex by 38.0% during the second quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock valued at $611,997,000 after buying an additional 3,377,669 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Flex by 55.0% in the 1st quarter. Invesco Ltd. now owns 8,363,106 shares of the technology company’s stock valued at $276,652,000 after buying an additional 2,968,285 shares in the last quarter. Pacer Advisors Inc. lifted its position in Flex by 3,794.6% during the first quarter. Pacer Advisors Inc. now owns 2,900,133 shares of the technology company’s stock valued at $95,936,000 after acquiring an additional 2,825,667 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Flex by 52.1% in the second quarter. Geode Capital Management LLC now owns 7,180,371 shares of the technology company’s stock worth $358,500,000 after purchasing an additional 2,459,511 shares during the last quarter. 94.30% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Flex

In other Flex news, insider Michael P. Hartung sold 45,000 shares of Flex stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $57.14, for a total transaction of $2,571,300.00. Following the completion of the sale, the insider owned 256,198 shares of the company’s stock, valued at approximately $14,639,153.72. The trade was a 14.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Daniel Wendler sold 10,000 shares of Flex stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $56.66, for a total value of $566,600.00. Following the sale, the chief accounting officer directly owned 37,619 shares of the company’s stock, valued at $2,131,492.54. This trade represents a 21.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 132,500 shares of company stock worth $7,812,450 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Flex Company Profile

(Get Free Report)

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.