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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on January 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in Flex stock on December 10th. 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 Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

Flex Stock Performance

NASDAQ:FLEX traded up $2.76 during trading hours on Thursday, reaching $66.59. 4,259,288 shares of the company’s stock were exchanged, compared to its average volume of 3,316,858. Flex Ltd. has a 1-year low of $25.11 and a 1-year high of $72.22. The company has a quick ratio of 0.83, a current ratio of 1.33 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $24.62 billion, a price-to-earnings ratio of 29.46, a P/E/G ratio of 1.71 and a beta of 1.24. The company has a 50-day moving average of $62.06 and a 200 day moving average of $57.77.

Institutional Trading of Flex

Several large investors have recently bought and sold shares of the company. Hilltop National Bank acquired a new position in shares of Flex in the second quarter worth $351,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Flex by 16.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,135,247 shares of the technology company’s stock valued at $103,714,000 after purchasing an additional 453,455 shares in the last quarter. Sowell Financial Services LLC raised its position in shares of Flex by 220.6% in the third quarter. Sowell Financial Services LLC now owns 24,891 shares of the technology company’s stock valued at $1,443,000 after buying an additional 17,128 shares during the last quarter. Ethic Inc. lifted its stake in shares of Flex by 140.2% during the third quarter. Ethic Inc. now owns 46,553 shares of the technology company’s stock valued at $2,699,000 after buying an additional 27,169 shares during the period. Finally, Prudential Financial Inc. boosted its position in Flex by 27.1% during the second quarter. Prudential Financial Inc. now owns 189,280 shares of the technology company’s stock worth $9,449,000 after acquiring an additional 40,330 shares during the last quarter. Institutional investors and hedge funds own 94.30% of the company’s stock.

Insider Activity at Flex

In related news, CFO Kevin Krumm sold 21,406 shares of the company’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $61.23, for a total value of $1,310,689.38. Following the completion of the transaction, the chief financial officer directly owned 143,803 shares in the company, valued at approximately $8,805,057.69. This represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael P. Hartung sold 15,000 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $64.26, for a total transaction of $963,900.00. Following the transaction, the insider directly owned 241,198 shares of the company’s stock, valued at approximately $15,499,383.48. This represents a 5.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 128,906 shares of company stock worth $7,904,439. Company insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on FLEX shares. Barclays lowered their target price on Flex from $78.00 to $71.00 and set an “overweight” rating on the stock in a research note on Wednesday. Bank of America boosted their price objective on shares of Flex from $58.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Jefferies Financial Group restated a “hold” rating and issued a $23.00 target price on shares of Flex in a research note on Wednesday, November 12th. Weiss Ratings restated a “buy (b)” rating on shares of Flex in a research report on Monday, December 29th. Finally, Zacks Research cut Flex from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.11.

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.