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

Posted by Stanley Muller on May 12th, 2026

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 22nd. 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%

Shares of FLEX stock traded down $5.38 during mid-day trading on Tuesday, reaching $139.69. The company’s stock had a trading volume of 7,908,546 shares, compared to its average volume of 4,137,696. The firm has a market capitalization of $51.36 billion, a PE ratio of 59.95 and a beta of 1.46. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 0.73. Flex Ltd. has a 12-month low of $40.15 and a 12-month high of $145.40. The company’s 50 day simple moving average is $77.61 and its 200-day simple moving average is $68.17.

Flex (NASDAQ:FLEX – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.06. Flex had a net margin of 3.15% and a return on equity of 22.12%. The company had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $6.96 billion. During the same quarter last year, the company earned $0.73 earnings per share. Flex’s revenue for the quarter was up 17.2% on a year-over-year basis. Flex has set its FY 2027 guidance at 4.210-4.510 EPS and its Q1 2027 guidance at 0.860-0.920 EPS. On average, research analysts predict that Flex Ltd. will post 3.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FLEX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. KeyCorp upped their price objective on Flex from $75.00 to $180.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Raymond James Financial set a $80.00 price objective on Flex and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. The Goldman Sachs Group upped their price objective on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Robert W. Baird set a $165.00 price target on Flex in a research report on Thursday, May 7th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $112.80.

Check Out Our Latest Stock Analysis on FLEX

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

Insider Activity at Flex

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the company’s stock in a transaction dated 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 transaction, the chief operating officer directly owned 233,636 shares in the company, valued at approximately $13,754,151.32. This represents a 6.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Charles K. Stevens III sold 15,000 shares of the stock in a transaction dated 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 in the company, valued at $6,275,147.64. The trade was a 24.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by insiders.

Hedge Funds Weigh In On Flex

A number of hedge funds and other institutional investors have recently made changes to their positions in FLEX. USA Financial Formulas bought a new stake in shares of Flex in the 4th quarter valued at approximately $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Flex in the 4th quarter worth about $28,000. Parkside Financial Bank & Trust increased its position 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 worth $28,000 after purchasing an additional 166 shares in the last quarter. CENTRAL TRUST Co increased its holdings in shares of Flex by 238.3% during 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 in the last quarter. Finally, Gables Capital Management Inc. bought a new position in shares of Flex in the fourth quarter valued at approximately $42,000. 94.30% of the stock is owned by institutional investors.

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

(Get Free Report)

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.