Insider Selling: Flex (NASDAQ:FLEX) EVP Sells 7,223 Shares of Stock

Posted by George Bondi on Jun 17th, 2026

Flex Ltd. (NASDAQ:FLEX – Get Free Report) EVP David Scott Offer sold 7,223 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $148.01, for a total transaction of $1,069,076.23. Following the transaction, the executive vice president owned 74,867 shares of the company’s stock, valued at $11,081,064.67. This represents a 8.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

David Scott Offer also recently made the following trade(s):

On Tuesday, June 16th, David Scott Offer sold 18,750 shares of Flex stock. The stock was sold at an average price of $147.91, for a total transaction of $2,773,312.50.
On Friday, June 5th, David Scott Offer sold 33,000 shares of Flex stock. The stock was sold at an average price of $153.91, for a total transaction of $5,079,030.00.
On Monday, May 11th, David Scott Offer sold 22,212 shares of Flex stock. The stock was sold at an average price of $142.40, for a total transaction of $3,162,988.80.

Flex Stock Performance

Shares of Flex stock traded down $3.80 during trading on Wednesday, hitting $143.13. 7,319,362 shares of the stock were exchanged, compared to its average volume of 5,230,561. The stock’s fifty day moving average is $120.56 and its 200 day moving average is $83.95. The stock has a market cap of $52.44 billion, a PE ratio of 61.43, a P/E/G ratio of 0.77 and a beta of 1.64. 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 12 month low of $45.31 and a 12 month high of $166.86.

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

Analyst Upgrades and Downgrades

FLEX has been the subject of a number of recent analyst reports. Barclays increased their target price 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. Wall Street Zen lowered shares of Flex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 8th. Zacks Research upgraded shares of Flex from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Stifel Nicolaus increased their target price on shares of Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Finally, Robert W. Baird set a $165.00 price target on shares of Flex in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Flex currently has a consensus rating of “Moderate Buy” and an average price target of $115.70.

View Our Latest Report on Flex

Institutional Trading of Flex

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Flex in the fourth quarter worth about $260,000. Goldman Sachs Group Inc. raised its position in Flex by 19.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,279,137 shares of the technology company’s stock valued at $42,314,000 after acquiring an additional 211,046 shares in the last quarter. Empowered Funds LLC bought a new position in Flex during the first quarter valued at approximately $397,000. EverSource Wealth Advisors LLC raised its position in Flex by 63.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,646 shares of the technology company’s stock valued at $132,000 after acquiring an additional 1,031 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Flex by 92.4% during the second quarter. First Trust Advisors LP now owns 62,078 shares of the technology company’s stock valued at $3,099,000 after acquiring an additional 29,821 shares in the last quarter. 94.30% of the stock is owned by hedge funds and other institutional investors.

Flex Company Profile

(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.