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

Posted by Stanley Muller on Jun 11th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Flex stock on May 7th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Flex Trading Up 3.9%

FLEX traded up $5.40 during trading on Thursday, hitting $144.89. 457,424 shares of the stock were exchanged, compared to its average volume of 4,420,477. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 1.36. The firm has a 50 day simple moving average of $112.51 and a 200 day simple moving average of $80.75. The firm has a market cap of $53.08 billion, a price-to-earnings ratio of 62.73, a P/E/G ratio of 0.77 and a beta of 1.64. Flex Ltd. has a 1 year low of $42.83 and a 1 year high of $166.86.

Flex (NASDAQ:FLEX – Get Free Report) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.93 earnings per share for the quarter. The business 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 analysts expect that Flex Ltd. will post 4.15 EPS for the current year.

Insider Buying and Selling at Flex

In other Flex news, insider Michael P. Hartung sold 22,216 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $142.38, for a total transaction of $3,163,114.08. Following the completion of the transaction, the insider directly owned 232,706 shares in the company, valued at approximately $33,132,680.28. This represents a 8.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 stock in a transaction on Friday, May 8th. The shares were sold at an average price of $138.14, for a total transaction of $2,072,100.00. Following the transaction, the director directly owned 45,426 shares in the company, valued at approximately $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. Over the last quarter, insiders sold 345,012 shares of company stock worth $48,508,103. 0.57% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Flex

Several hedge funds have recently modified their holdings of the company. USA Financial Formulas acquired a new stake in shares of Flex during the 4th quarter valued at about $28,000. Frazier Financial Advisors LLC acquired a new position in Flex in the 4th quarter worth about $28,000. Parkside Financial Bank & Trust boosted its position in Flex by 57.0% during the fourth 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 grew 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 period. Finally, Gables Capital Management Inc. purchased a new stake in shares of Flex in the fourth quarter valued at approximately $42,000. 94.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on FLEX shares. The Goldman Sachs Group increased their target price on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Robert W. Baird set a $165.00 price objective on shares of Flex in a research note on Thursday, May 7th. JPMorgan Chase & Co. lifted their price target on Flex from $75.00 to $84.00 and gave the company 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 research note on Thursday, May 7th. Finally, Barclays increased their price target on shares of Flex from $174.00 to $203.00 and gave the company an “overweight” rating in a research report on Thursday, June 4th. One 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $115.70.

Get Our Latest Analysis on FLEX

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.