Los Angeles Capital Management LLC Trims Stake in Flex Ltd. $FLEX

Posted by Stanley Muller on Jun 8th, 2026

Los Angeles Capital Management LLC trimmed its holdings in shares of Flex Ltd. (NASDAQ:FLEX – Free Report) by 21.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 195,678 shares of the technology company’s stock after selling 53,578 shares during the period. Los Angeles Capital Management LLC’s holdings in Flex were worth $12,521,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Flex by 196.1% during the fourth 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 during the last quarter. State Street Corp boosted its holdings in shares of Flex by 38.0% in the 2nd quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock worth $611,997,000 after purchasing an additional 3,377,669 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Flex by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 7,605,802 shares of the technology company’s stock worth $459,829,000 after purchasing an additional 181,266 shares in the last quarter. Norges Bank purchased a new position in shares of Flex in the 4th quarter worth about $319,756,000. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Flex by 118.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,811,248 shares of the technology company’s stock worth $162,968,000 after purchasing an additional 1,522,308 shares in the last quarter. 94.30% of the stock is currently owned by hedge funds and other institutional investors.

More Flex News

Here are the key news stories impacting Flex this week:

Positive Sentiment: Flex is highlighted as a potential winner in a strengthening electronics sector, with analysts pointing to infrastructure investment and capacity expansion as tailwinds for the business. Article Title
Positive Sentiment: Investors are reacting to Flex’s growth strategy, including the planned separation of its Power and Cloud portfolio and an acquisition in electrical power, which could expand its exposure to AI data centers, grid modernization, and electrification. Article Title
Neutral Sentiment: A Zacks follow-up notes that FLEX has risen since its last earnings report, but questions remain about whether the momentum can continue, making this more of a status update than a clear catalyst. Article Title
Negative Sentiment: EVP David Scott Offer sold 33,000 shares in a pre-arranged 10b5-1 transaction, trimming his stake by about 31%; while routine, insider selling can still weigh on sentiment. Article Title

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Barclays upped their price objective on Flex from $174.00 to $203.00 and gave the stock an “overweight” rating in a report on Thursday. Zacks Research upgraded Flex from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. upped their price objective on Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a 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 report on Thursday, May 7th. Finally, Robert W. Baird set a $165.00 price objective on Flex in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two 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 price target of $115.70.

View Our Latest Research Report on FLEX

Flex Stock Performance

NASDAQ FLEX opened at $151.92 on Monday. Flex Ltd. has a 1-year low of $42.60 and a 1-year high of $166.86. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. The stock has a 50-day moving average of $107.57 and a 200-day moving average of $78.87. The firm has a market cap of $55.66 billion, a PE ratio of 65.20, a price-to-earnings-growth ratio of 0.80 and a beta of 1.63.

Flex (NASDAQ:FLEX – Get Free Report) last released its earnings results on Tuesday, March 31st. The technology company reported $0.93 earnings per share for the quarter. Flex had a return on equity of 22.12% and a net margin of 3.15%.The company had revenue of $7.48 billion during the quarter. As a group, sell-side analysts forecast that Flex Ltd. will post 4.15 EPS for the current year.

Insider Buying and Selling

In other news, COO Kwang Hooi Tan sold 17,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $135.93, for a total value of $2,378,775.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David Scott Offer sold 33,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $153.91, for a total value of $5,079,030.00. Following the completion of the sale, the executive vice president directly owned 73,471 shares of the company’s stock, valued at approximately $11,307,921.61. This trade represents a 30.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 345,012 shares of company stock worth $48,508,103 in the last 90 days. 0.57% of the stock is currently owned by company insiders.

Flex Company Profile

(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.