Flex (NASDAQ:FLEX) Insider Sells $1,055,604.18 in Stock

Posted by Geri Gentry on Jun 22nd, 2026

Flex Ltd. (NASDAQ:FLEX – Get Free Report) insider Michael Hartung sold 7,269 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $145.22, for a total transaction of $1,055,604.18. Following the transaction, the insider owned 245,930 shares in the company, valued at approximately $35,713,954.60. This trade represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Flex Stock Performance

NASDAQ:FLEX traded up $8.20 during mid-day trading on Monday, reaching $155.81. The stock had a trading volume of 7,414,337 shares, compared to its average volume of 8,906,334. 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 business has a 50 day simple moving average of $125.25 and a 200 day simple moving average of $85.91. The firm has a market capitalization of $57.09 billion, a price-to-earnings ratio of 66.87, a PEG ratio of 0.78 and a beta of 1.63. Flex Ltd. has a twelve month low of $45.31 and a twelve month high of $166.86.

Flex (NASDAQ:FLEX – Get Free Report) last posted its quarterly 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 firm had revenue of $7.48 billion for the quarter. On average, analysts expect that Flex Ltd. will post 4.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. KeyCorp lifted 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. Wall Street Zen cut Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. Stifel Nicolaus boosted their price target on Flex from $75.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, April 20th. The Goldman Sachs Group raised their price target on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Robert W. Baird set a $165.00 price target on Flex in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $115.70.

Read Our Latest Stock Report on FLEX

Institutional Trading of Flex

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Pacer Advisors Inc. raised its holdings in shares of Flex by 9.3% in the 1st quarter. Pacer Advisors Inc. now owns 1,294,132 shares of the technology company’s stock worth $84,714,000 after purchasing an additional 109,992 shares during the period. Lombard Odier Asset Management Europe Ltd purchased a new position in Flex in the 1st quarter worth approximately $4,949,000. Segall Bryant & Hamill LLC acquired a new stake in Flex in the first quarter valued at approximately $446,000. Western Wealth Management LLC purchased a new stake in shares of Flex during the first quarter valued at approximately $65,000. Finally, Intrinsic Edge Capital Management LLC acquired a new position in shares of Flex during the first quarter worth $5,891,000. 94.30% of the stock is currently owned by institutional investors and hedge funds.

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.