Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flex stock on March 27th. 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):
- Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 3/25/2026.
Flex Stock Up 2.5%
Shares of FLEX stock traded up $1.82 during trading on Thursday, hitting $75.01. 4,124,989 shares of the company were exchanged, compared to its average volume of 3,641,653. 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 has a market capitalization of $27.58 billion, a price-to-earnings ratio of 33.64, a P/E/G ratio of 1.50 and a beta of 1.22. The business’s 50-day simple moving average is $64.66 and its 200 day simple moving average is $62.84. Flex Ltd. has a twelve month low of $28.50 and a twelve month high of $75.92.
Hedge Funds Weigh In On Flex
Institutional investors have recently modified their holdings of the company. USA Financial Formulas bought a new position in shares of Flex in the fourth quarter valued at approximately $28,000. Parkside Financial Bank & Trust raised its position in shares of Flex by 57.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 457 shares of the technology company’s stock valued at $28,000 after purchasing an additional 166 shares during the period. Frazier Financial Advisors LLC bought a new position in shares of Flex in the fourth quarter valued at approximately $28,000. CENTRAL TRUST Co raised its position in shares of Flex by 238.3% in the third quarter. CENTRAL TRUST Co now owns 504 shares of the technology company’s stock valued at $29,000 after purchasing an additional 355 shares during the period. Finally, Gables Capital Management Inc. bought a new position in shares of Flex in the fourth quarter valued at approximately $42,000. Institutional investors own 94.30% of the company’s stock.
Wall Street Analysts Forecast Growth
FLEX has been the subject of several research reports. Weiss Ratings restated a “buy (b)” rating on shares of Flex in a report on Monday, December 29th. Wall Street Zen cut shares of Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. Zacks Research cut shares of Flex from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Barclays raised their price target on shares of Flex from $71.00 to $72.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Finally, Raymond James Financial set a $80.00 target price on shares of Flex and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Flex currently has an average rating of “Moderate Buy” and an average target price of $67.10.
Check Out Our Latest Stock Report on FLEX
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 value of $1,030,225.00. Following the transaction, the chief operating officer owned 233,636 shares of the company’s stock, valued at $13,754,151.32. This trade represents a 6.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.57% of the stock is currently owned by corporate insiders.
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.
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.
Further Reading
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