Fideuram Intesa Sanpaolo Private Banking S.P.A. Makes New $324,000 Investment in Flex Ltd. $FLEX

Posted by Francis Steltz on May 23rd, 2026

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Flex Ltd. (NASDAQ:FLEX – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,362 shares of the technology company’s stock, valued at approximately $324,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Handelsbanken Fonder AB increased its position in shares of Flex by 32.5% during the 4th quarter. Handelsbanken Fonder AB now owns 81,100 shares of the technology company’s stock valued at $4,900,000 after purchasing an additional 19,900 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in shares of Flex during the 4th quarter valued at about $5,659,000. Gables Capital Management Inc. purchased a new stake in shares of Flex during the 4th quarter valued at about $42,000. Entrust Financial LLC purchased a new stake in shares of Flex during the 4th quarter valued at about $73,000. Finally, North Dakota State Investment Board purchased a new stake in shares of Flex during the 4th quarter valued at about $794,000. Hedge funds and other institutional investors own 94.30% of the company’s stock.

Insiders Place Their Bets

In other Flex news, CEO Revathi Advaithi sold 114,090 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $142.37, for a total value of $16,242,993.30. Following the completion of the transaction, the chief executive officer directly owned 689,022 shares in the company, valued at $98,096,062.14. This represents a 14.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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 stock was 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 owned 45,426 shares of the company’s stock, valued at $6,275,147.64. The trade was a 24.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 226,512 shares of company stock worth $30,720,858 over the last ninety days. 0.57% of the stock is owned by company insiders.

Flex Trading Up 1.1%

Shares of NASDAQ:FLEX opened at $132.47 on Friday. The stock has a 50 day moving average of $90.64 and a 200 day moving average of $72.62. The company has a market cap of $48.53 billion, a PE ratio of 56.85, a price-to-earnings-growth ratio of 0.69 and a beta of 1.46. The company has a current ratio of 1.36, a quick ratio of 0.87 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 $147.34.

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

Wall Street Analyst Weigh In

FLEX has been the subject of several research reports. Zacks Research raised shares of Flex from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Wall Street Zen lowered shares of Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 8th. Barclays upped their price target on shares of Flex from $72.00 to $174.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. upped their price target on shares of Flex from $75.00 to $84.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Finally, Raymond James Financial set a $80.00 price objective on Flex and gave the company an “outperform” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Flex has a consensus rating of “Moderate Buy” and an average target price of $112.80.

Get Our Latest Stock Analysis on FLEX

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.