Flex (NASDAQ:FLEX) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flex stock on April 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):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Flex Trading Down 3.7%

Flex stock traded down $5.38 during midday trading on Tuesday, reaching $139.69. The stock had a trading volume of 7,908,546 shares, compared to its average volume of 4,137,696. The stock has a market capitalization of $51.36 billion, a PE ratio of 59.95 and a beta of 1.46. Flex Ltd. has a twelve month low of $40.15 and a twelve month high of $145.40. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 1.36. The stock’s 50-day simple moving average is $77.61 and its 200 day simple moving average is $68.17.

Flex (NASDAQ:FLEX) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.06. The business had revenue of $7.48 billion during the quarter, compared to analysts’ expectations of $6.96 billion. Flex had a return on equity of 22.12% and a net margin of 3.15%.The company’s revenue for the quarter was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. Flex has set its FY 2027 guidance at 4.210-4.510 EPS and its Q1 2027 guidance at 0.860-0.920 EPS. Analysts expect that Flex Ltd. will post 3.31 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. USA Financial Formulas acquired a new stake in Flex during the 4th quarter valued at approximately $28,000. Parkside Financial Bank & Trust boosted its stake in shares of Flex by 57.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 457 shares of the technology company’s stock valued at $28,000 after buying an additional 166 shares during the last quarter. Frazier Financial Advisors LLC acquired a new stake in shares of Flex during the fourth quarter worth approximately $28,000. CENTRAL TRUST Co increased its stake in shares of Flex by 238.3% in the third quarter. CENTRAL TRUST Co now owns 504 shares of the technology company’s stock worth $29,000 after buying an additional 355 shares during the last quarter. Finally, Gables Capital Management Inc. bought a new stake in shares of Flex in the fourth quarter worth $42,000. Institutional investors and hedge funds own 94.30% of the company’s stock.

Insiders Place Their Bets

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief operating officer directly owned 233,636 shares of the company’s stock, valued at $13,754,151.32. This trade represents a 6.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles K. Stevens III sold 15,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $138.14, for a total transaction of $2,072,100.00. Following the completion of the sale, the director owned 45,426 shares in the company, valued at approximately $6,275,147.64. This trade represents a 24.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on FLEX. Stifel Nicolaus lifted their target price on shares of Flex from $75.00 to $95.00 and gave the company a “buy” rating in a report on Monday, April 20th. Barclays upped their target price on Flex from $72.00 to $174.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. boosted their price target on Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Raymond James Financial set a $80.00 price target on Flex and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Finally, Robert W. Baird set a $165.00 price objective on shares of Flex in a research note on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Flex presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.80.

More Flex News

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Flex CEO comments and related coverage suggest the company is making a bigger push into AI infrastructure, which could expand growth opportunities and improve investor sentiment. Flex CEO bets big on AI
• Positive Sentiment: Investors are also focusing on a reported plan to spin off Flex’s AI data center business, a move that could surface hidden value and make the core company easier to value. Flex stock is surging. A planned AI data center spinoff could take it even higher.
• Neutral Sentiment: Short-interest data released over the weekend was essentially flat and appears to be of limited significance for the stock’s near-term direction.
• Neutral Sentiment: Broader AI-related commentary from other tech names, including AMD, reinforces enthusiasm for infrastructure suppliers, but it is indirect for Flex. AMD CEO Lisa Su Says CPUs Will Match GPUs 1-to-1 in AI’s Next Phase
• Neutral Sentiment: Cathie Wood’s comments about “bubble-era” AI beneficiaries add to the sector’s momentum, but do not directly change Flex’s fundamentals. Cathie Wood Picks 5 Bubble-Era Stocks That Are Riding The AI Wave

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

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.