Kwang Hooi Tan Sells 8,981 Shares of Flex (NASDAQ:FLEX) Stock

Posted by Brenda Bartman on Jun 24th, 2026

Flex Ltd. (NASDAQ:FLEX – Get Free Report) COO Kwang Hooi Tan sold 8,981 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $145.19, for a total value of $1,303,951.39. Following the completion of the transaction, the chief operating officer owned 248,546 shares in the company, valued at approximately $36,086,393.74. The trade was a 3.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kwang Hooi Tan also recently made the following trade(s):

On Wednesday, June 17th, Kwang Hooi Tan sold 26,657 shares of Flex stock. The shares were sold at an average price of $144.48, for a total value of $3,851,403.36.
On Monday, June 15th, Kwang Hooi Tan sold 10,540 shares of Flex stock. The stock was sold at an average price of $148.02, for a total value of $1,560,130.80.
On Tuesday, May 26th, Kwang Hooi Tan sold 17,500 shares of Flex stock. The shares were sold at an average price of $135.93, for a total transaction of $2,378,775.00.
On Monday, May 11th, Kwang Hooi Tan sold 26,175 shares of Flex stock. The stock was sold at an average price of $142.37, for a total transaction of $3,726,534.75.

Flex Stock Down 2.5%

Flex stock opened at $151.85 on Wednesday. The firm has a market capitalization of $55.63 billion, a price-to-earnings ratio of 65.17, a price-to-earnings-growth ratio of 0.82 and a beta of 1.64. The firm’s fifty day moving average price is $126.76 and its two-hundred day moving average price is $86.56. Flex Ltd. has a 1-year low of $46.64 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.

Flex (NASDAQ:FLEX – Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The technology company reported $0.93 earnings per share (EPS) 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%. On average, equities research analysts predict that Flex Ltd. will post 4.15 earnings per share for the current fiscal year.

More Flex News

Here are the key news stories impacting Flex this week:

Positive Sentiment: Flex recently joined the S&P 500, which can attract passive index buying and improve visibility with institutional investors. Flex Ltd. (FLEX) to Join S&P 500 Index on June 22
Neutral Sentiment: Multiple insiders, including CEO Revathi Advaithi, COO Kwang Hooi Tan, EVP David Scott Offer, CAO Daniel Wendler, and insider Michael P. Hartung, sold shares in recent filings. The company said the sales were tied to Rule 10b5-1 plans and tax withholding on vested equity awards, which reduces concern about negative fundamental news.
Neutral Sentiment: One article mentioned “flex-fuel” Hyundai cars in India, but it does not appear related to Flex Ltd. and is unlikely to affect the stock. 5 Hyundai Cars Likely To Get Flex-Fuel Engine In India In 2026

Institutional Investors Weigh In On Flex

A number of hedge funds have recently made changes to their positions in the business. Pacer Advisors Inc. boosted 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 buying an additional 109,992 shares during the last quarter. Lombard Odier Asset Management Europe Ltd purchased a new stake in Flex during the first quarter worth about $4,949,000. Segall Bryant & Hamill LLC bought a new stake in Flex in the first quarter worth about $446,000. Western Wealth Management LLC purchased a new position in Flex in the first quarter valued at about $65,000. Finally, Intrinsic Edge Capital Management LLC bought a new position in shares of Flex during the 1st quarter valued at approximately $5,891,000. 94.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on FLEX shares. Stifel Nicolaus raised their price objective on Flex from $75.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Wall Street Zen downgraded shares of Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. KeyCorp raised their price target on shares of Flex from $75.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Zacks Research raised shares of Flex from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group lifted their target price on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $115.70.

View Our Latest Analysis on FLEX

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.