A number of firms have modified their ratings and price targets on shares of Flex (NASDAQ: FLEX) recently:
- 5/7/2026 – Flex had its price target raised by The Goldman Sachs Group, Inc. from $84.00 to $177.00. They now have a “buy” rating on the stock.
- 5/7/2026 – Flex had its price target raised by KeyCorp from $75.00 to $180.00. They now have an “overweight” rating on the stock.
- 5/7/2026 – Flex was given a new $165.00 price target by Robert W. Baird.
- 5/7/2026 – Flex had its price target raised by Barclays PLC from $72.00 to $174.00. They now have an “overweight” rating on the stock.
- 4/20/2026 – Flex had its price target raised by Stifel Nicolaus from $75.00 to $95.00. They now have a “buy” rating on the stock.
- 4/16/2026 – Flex had its price target raised by JPMorgan Chase & Co. from $75.00 to $84.00. They now have an “overweight” rating on the stock.
Insider Buying and Selling
In other news, EVP David Scott Offer sold 22,212 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $142.40, for a total value of $3,162,988.80. Following the sale, the executive vice president directly owned 74,926 shares of the company’s stock, valued at approximately $10,669,462.40. This trade represents a 22.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Michael P. Hartung sold 22,216 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $142.38, for a total value of $3,163,114.08. Following the completion of the sale, 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 223,512 shares of company stock valued at $30,283,218 in the last quarter. Insiders own 0.57% of the company’s stock.
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.
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