4,955 Flex Ltd. $FLEX Shares Sold by Green Alpha Advisors LLC

Green Alpha Advisors LLC lessened its stake in Flex Ltd. (NASDAQ:FLEX) by 34.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,361 shares of the technology company’s stock after selling 4,955 shares during the quarter. Green Alpha Advisors LLC’s holdings in Flex were worth $1,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of FLEX. MassMutual Private Wealth & Trust FSB raised its holdings in Flex by 14.5% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 783 shares of the technology company’s stock worth $86,000 after purchasing an additional 99 shares during the period. TD Waterhouse Canada Inc. grew its holdings in Flex by 7.4% during the second quarter. TD Waterhouse Canada Inc. now owns 1,449 shares of the technology company’s stock valued at $223,000 after purchasing an additional 100 shares during the period. JSF Financial LLC increased its position in Flex by 0.6% in the first quarter. JSF Financial LLC now owns 20,504 shares of the technology company’s stock worth $1,342,000 after buying an additional 115 shares in the last quarter. Glenview Trust Co raised its stake in shares of Flex by 3.4% in the first quarter. Glenview Trust Co now owns 3,775 shares of the technology company’s stock worth $247,000 after buying an additional 125 shares during the period. Finally, Resonant Capital Advisors LLC raised its stake in shares of Flex by 2.1% in the first quarter. Resonant Capital Advisors LLC now owns 7,967 shares of the technology company’s stock worth $522,000 after buying an additional 163 shares during the period. 94.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Michael P. Hartung sold 2,755 shares of Flex stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $120.64, for a total value of $332,363.20. Following the transaction, the insider directly owned 243,175 shares in the company, valued at approximately $29,336,632. This trade represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.62% of the stock is owned by company insiders.

Flex News Summary

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Reported $2 billion Axiom funding could support Flex’s growth outlook. Flex reportedly agreed to provide or participate in a $2.0 billion funding arrangement connected with Axiom. The agreement could strengthen Flex’s position in aerospace and advanced manufacturing, although investors will need more information on the funding structure, financial exposure and expected returns before assessing the full earnings impact. Flex agrees to USD 2.0 billion Axiom funding: what it means for Flex stock
• Neutral Sentiment: Fiscal second-quarter earnings are scheduled for October 28. Flex will release fiscal 2027 second-quarter results before the market opens and hold an investor conference call afterward. The announcement itself does not change estimates, but the report will be an important near-term catalyst given the stock’s elevated valuation and investor focus on demand, margins and guidance. Flex Announces Date for Second Quarter Fiscal Year 2027 Earnings Call
• Neutral Sentiment: Recent commentary presents both investment positives and risks. A Yahoo Finance article discusses two reasons to favor FLEX and one concern, but it is analyst commentary rather than a new corporate announcement. It may influence sentiment, though it does not appear to provide a clear new fundamental catalyst. 2 Reasons to Like FLEX (and 1 Not So Much)
• Negative Sentiment: Most other items are unrelated to Flex Ltd. Articles about Bose’s SoundLink Flex speaker, fantasy-football “flex” rankings, FLEX Tools and Flex Seal products concern different companies or generic terminology and should not affect NASDAQ:FLEX. Investors should avoid treating those headlines as explanations for the stock’s movement.

Flex Stock Down 3.9%

Shares of FLEX stock traded down $4.60 during mid-day trading on Thursday, hitting $114.74. The stock had a trading volume of 2,642,384 shares, compared to its average volume of 4,713,062. Flex Ltd. has a 12-month low of $53.07 and a 12-month high of $166.86. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.38 and a quick ratio of 0.89. The firm’s 50-day moving average is $114.42 and its two-hundred day moving average is $117.02. The firm has a market capitalization of $42.38 billion, a P/E ratio of 44.30, a price-to-earnings-growth ratio of 0.61 and a beta of 1.67.

Flex (NASDAQ:FLEX) last released its quarterly earnings data on Friday, June 26th. The technology company reported $1.00 earnings per share for the quarter. Flex had a return on equity of 23.15% and a net margin of 3.32%.The firm had revenue of $7.93 billion during the quarter. On average, analysts predict that Flex Ltd. will post 4.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FLEX has been the topic of several recent research reports. Raymond James Financial set a $170.00 price objective on Flex and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Robert W. Baird set a $142.00 price objective on shares of Flex in a research note on Thursday, July 30th. The Goldman Sachs Group decreased their target price on shares of Flex from $177.00 to $154.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Freedom Capital raised shares of Flex from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Barclays decreased their price target on Flex from $203.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Flex has an average rating of “Moderate Buy” and a consensus price target of $119.67.

Flex Company Profile

Flex Ltd. (NASDAQ:FLEX) is a global manufacturing and supply-chain solutions provider that helps companies design, build and deliver products. The company works with original equipment manufacturers and other brands across the product life cycle, from product design and engineering through manufacturing, logistics and aftermarket services.

Its capabilities include electronics manufacturing, printed circuit board assembly, systems integration, mechanical manufacturing, testing, product development and supply-chain management.