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 $15,001 and $50,000 in Flex stock on April 13th. 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 Price Performance

Shares of NASDAQ FLEX traded down $5.38 during mid-day trading on Tuesday, reaching $139.69. 8,013,787 shares of the company traded hands, compared to its average volume of 4,138,653. Flex Ltd. has a fifty-two week low of $40.15 and a fifty-two week high of $145.40. The firm has a market cap of $51.36 billion, a PE ratio of 59.95 and a beta of 1.46. The stock has a fifty day simple moving average of $79.15 and a 200-day simple moving average of $68.72. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.36 and a quick ratio of 0.87.

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

Insiders Place Their Bets

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $58.87, for a total value of $1,030,225.00. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Charles K. Stevens III sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $138.14, for a total value of $2,072,100.00. Following the completion of the transaction, the director directly owned 45,426 shares of the company’s stock, valued at approximately $6,275,147.64. This trade represents a 24.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on FLEX. Raymond James Financial set a $80.00 target price on Flex and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. 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. Wall Street Zen downgraded Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 8th. Robert W. Baird set a $165.00 target price on shares of Flex in a report on Thursday, May 7th. Finally, The Goldman Sachs Group upped their price target on Flex from $84.00 to $177.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Flex has a consensus rating of “Moderate Buy” and an average price target of $112.80.

Hedge Funds Weigh In On Flex

A number of hedge funds and other institutional investors have recently modified their holdings of FLEX. Vanguard Group Inc. raised its stake in shares of Flex by 196.1% during the 4th quarter. Vanguard Group Inc. now owns 38,746,330 shares of the technology company’s stock worth $2,341,053,000 after purchasing an additional 25,662,586 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Flex by 17.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,393,463 shares of the technology company’s stock worth $138,749,000 after purchasing an additional 360,553 shares in the last quarter. Dynasty Wealth Management LLC raised its stake in shares of Flex by 80.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 43,602 shares of the technology company’s stock worth $2,528,000 after purchasing an additional 19,388 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Flex during the 3rd quarter worth about $1,460,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of Flex during the 4th quarter worth about $2,497,000. Institutional investors and hedge funds own 94.30% of the company’s stock.

Key Headlines Impacting Flex

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Media coverage highlighted Flex CEO’s bullish stance on AI, reinforcing the company’s positioning as a beneficiary of AI infrastructure spending. Flex CEO bets big on AI
• Positive Sentiment: Another report said Flex shares were surging on the possibility that a planned AI data center spinoff could create additional upside by highlighting the value of that business. Flex stock is surging. A planned AI data center spinoff could take it even higher.
• Neutral Sentiment: A short-interest update showed no meaningful data change, so it does not appear to be a major driver of the stock today.
• Neutral Sentiment: Broader commentary on AI beneficiaries, including older tech names, may be supporting sentiment around Flex, but it is indirect rather than company-specific. Cathie Wood Picks 5 Bubble-Era Stocks That Are Riding The AI Wave
• Negative Sentiment: There is also some industry noise suggesting GPU-centric AI investors may need to reassess assumptions as CPUs could play a larger role in the next phase of AI, though this is more relevant to chipmakers than Flex. AMD CEO Lisa Su Says CPUs Will Match GPUs 1-to-1 in AI’s Next Phase

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.