Flex Ltd. $FLEX Shares Sold by Graphene Investments SAS

Graphene Investments SAS trimmed its position in Flex Ltd. (NASDAQ:FLEX) by 20.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,900 shares of the technology company’s stock after selling 12,200 shares during the period. Graphene Investments SAS’s holdings in Flex were worth $2,834,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FLEX. State Street Corp boosted its holdings in Flex by 38.0% in the 2nd quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock worth $611,997,000 after buying an additional 3,377,669 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in Flex by 118.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,811,248 shares of the technology company’s stock worth $162,968,000 after purchasing an additional 1,522,308 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Flex by 5,973.9% in the 3rd quarter. Pacer Advisors Inc. now owns 1,365,043 shares of the technology company’s stock worth $79,132,000 after purchasing an additional 1,342,569 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Flex by 80.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,645,745 shares of the technology company’s stock worth $153,374,000 after purchasing an additional 1,183,464 shares in the last quarter. Finally, Junto Capital Management LP purchased a new position in Flex in the 3rd quarter worth approximately $56,270,000. 94.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FLEX shares. Robert W. Baird started coverage on shares of Flex in a research note on Thursday, March 12th. They issued an “outperform” rating and a $70.00 target price on the stock. Zacks Research lowered shares of Flex from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wall Street Zen lowered shares of Flex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Flex in a research note on Monday, December 29th. Finally, Raymond James Financial set a $80.00 target price on shares of Flex and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $68.00.

Flex Stock Up 2.4%

FLEX stock opened at $81.83 on Friday. The firm has a market cap of $30.09 billion, a PE ratio of 36.70, a PEG ratio of 1.74 and a beta of 1.22. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.88 and a current ratio of 1.40. The firm’s 50 day moving average price is $66.82 and its 200-day moving average price is $63.86. Flex Ltd. has a one year low of $30.05 and a one year high of $82.85.

Flex (NASDAQ:FLEX) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.79 by $0.08. The firm had revenue of $7.06 billion for the quarter, compared to analyst estimates of $6.84 billion. Flex had a net margin of 3.17% and a return on equity of 20.99%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.77 EPS. Flex has set its FY 2026 guidance at 3.210-3.270 EPS and its Q4 2026 guidance at 0.830-0.890 EPS. On average, equities research analysts anticipate that Flex Ltd. will post 2.33 EPS for the current year.

Insider Activity at Flex

In other news, COO Kwang Hooi Tan sold 17,500 shares of Flex stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $58.87, for a total transaction of $1,030,225.00. Following the sale, the chief operating officer owned 233,636 shares of the company’s stock, valued at approximately $13,754,151.32. The trade was a 6.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.57% of the company’s stock.

About Flex

Flex (NASDAQ: FLEX), formerly known as Flextronics, is a global provider of electronics manufacturing services (EMS) and original design manufacturing (ODM). The company offers end-to-end product lifecycle solutions including product design and engineering, prototyping, volume manufacturing, testing, and aftermarket services. Its offerings extend into supply chain management, component sourcing, logistics and distribution, and advanced manufacturing capabilities such as automation and digital manufacturing to support customers from concept through end-of-life.

Flex serves a broad range of industries, including automotive, healthcare, industrial, communications, and consumer electronics, working with original equipment manufacturers (OEMs) and technology companies to accelerate time to market and manage complex supply chains.