Insider Selling: Flex (NASDAQ:FLEX) COO Sells $2,378,775.00 in Stock

Posted by Brian Himes on May 29th, 2026

Flex Ltd. (NASDAQ:FLEX – Get Free Report) COO Kwang Hooi Tan sold 17,500 shares of Flex stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $135.93, for a total value of $2,378,775.00. Following the completion of the transaction, the chief operating officer owned 238,543 shares of the company’s stock, valued at approximately $32,425,149.99. The trade was a 6.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kwang Hooi Tan also recently made the following trade(s):

On Monday, May 11th, Kwang Hooi Tan sold 26,175 shares of Flex stock. The shares were sold at an average price of $142.37, for a total value of $3,726,534.75.
On Monday, March 9th, Kwang Hooi Tan sold 17,500 shares of Flex stock. The shares were sold at an average price of $58.87, for a total value of $1,030,225.00.

Flex Trading Down 0.6%

Shares of FLEX opened at $144.85 on Friday. The stock has a fifty day moving average price of $96.84 and a two-hundred day moving average price of $74.89. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 1.36. Flex Ltd. has a 52-week low of $41.43 and a 52-week high of $147.76. The company has a market cap of $53.07 billion, a price-to-earnings ratio of 62.17, a PEG ratio of 0.77 and a beta of 1.46.

Flex (NASDAQ:FLEX – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The technology company reported $0.93 earnings per share (EPS) for the quarter. Flex had a return on equity of 22.12% and a net margin of 3.15%.The firm had revenue of $7.48 billion during the quarter. Analysts predict that Flex Ltd. will post 4.15 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on FLEX shares. Stifel Nicolaus boosted their target price on Flex from $75.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Wall Street Zen downgraded Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 8th. Barclays boosted 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. Robert W. Baird set a $165.00 target price on Flex in a research report on Thursday, May 7th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Flex has a consensus rating of “Moderate Buy” and a consensus price target of $112.80.

View Our Latest Report on Flex

Institutional Investors Weigh In On Flex

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

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.