14,471 Shares of Flex Ltd. $FLEX Acquired by JSF Financial LLC

JSF Financial LLC bought a new stake in Flex Ltd. (NASDAQ:FLEX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 14,471 shares of the technology company’s stock, valued at approximately $1,592,000.

Other institutional investors have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. bought a new position in Flex in the third quarter worth approximately $28,000. Diversify Advisory Services LLC grew its stake in Flex by 16.4% in the third quarter. Diversify Advisory Services LLC now owns 2,595 shares of the technology company’s stock valued at $285,000 after acquiring an additional 365 shares during the period. Net Worth Advisory Group bought a new stake in shares of Flex during the third quarter valued at approximately $220,000. Optivise Advisory Services LLC increased its holdings in shares of Flex by 118.2% during the third quarter. Optivise Advisory Services LLC now owns 3,029 shares of the technology company’s stock valued at $333,000 after acquiring an additional 1,641 shares in the last quarter. Finally, SteelPeak Wealth LLC acquired a new position in shares of Flex during the third quarter worth approximately $1,359,000. 94.30% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Flex

In related news, insider Michael P. Hartung sold 2,755 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $120.64, for a total value of $332,363.20. Following the completion of the sale, the insider directly owned 243,175 shares of the company’s stock, valued at approximately $29,336,632. This represents a 1.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.62% of the company’s stock.

Flex Stock Performance

Shares of FLEX opened at $76.69 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.89 and a current ratio of 1.38. The stock has a 50 day moving average price of $109.69 and a two-hundred day moving average price of $119.58. The firm has a market capitalization of $28.33 billion, a P/E ratio of 29.61, a P/E/G ratio of 0.44 and a beta of 1.67. Flex Ltd. has a 52 week low of $53.07 and a 52 week high of $166.86.

Flex (NASDAQ:FLEX) last issued its quarterly earnings data on Friday, June 26th. The technology company reported $1.00 EPS for the quarter. Flex had a return on equity of 23.15% and a net margin of 3.32%. The firm had revenue of $7.93 billion during the quarter. Equities analysts forecast that Flex Ltd. will post 4.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FLEX. Barclays cut their target price on Flex from $203.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Zacks Research lowered shares of Flex from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Wall Street Zen upgraded shares of Flex from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Raymond James Financial set a $170.00 price objective on shares of Flex and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, Robert W. Baird set a $142.00 price objective on shares of Flex in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Flex has a consensus rating of “Moderate Buy” and an average target price of $119.67.

Key Headlines Impacting Flex

Here are the key news stories impacting Flex this week:

• Neutral Sentiment: The EPC Power acquisition expands Flex’s position in power infrastructure and is intended to be placed within Axiom before the planned first-quarter 2027 spin-off. However, integrating the $4.4 billion acquisition and separating the business adds significant execution complexity. Flex slides as investors digest Axiom spin-off financing risks and broader AI infrastructure weakness
• Negative Sentiment: Flex disclosed a $2.0 billion preferred investment in Axiom that must be redeemed if the spin-off is not completed by December 31, 2027. Investors may view that contingent obligation as a financial risk if the separation is delayed. Flex SEC filing
• Negative Sentiment: Flex borrowed $1.1 billion under a bridge credit facility to help fund the EPC Power transaction. The added borrowing increases leverage and may heighten concerns about financing costs and the company’s balance sheet during the spin-off process. Flex 8-K filing summary
• Negative Sentiment: Broader weakness in AI and data-center infrastructure shares is likely amplifying pressure on Flex as investors reassess the cost of financing large infrastructure build-outs. AP report on AI infrastructure concerns
• Negative Sentiment: Reported insider activity shows 138 open-market sales and no purchases over the past six months, including sales by senior executives. While such transactions may be scheduled, the absence of insider buying can weigh on investor sentiment.

About Flex

Flex Ltd. (NASDAQ: FLEX) is a global manufacturing and supply chain solutions provider. The company helps original equipment manufacturers design, engineer, manufacture, distribute and service products across their lifecycles.

Flex serves customers in industries including automotive, communications, consumer electronics, health care, industrial, lifestyle and cloud infrastructure. Its capabilities include product design and engineering, printed circuit board assembly, systems integration, supply chain management, logistics, and aftermarket services.

The company was founded in 1969 as Flextronics and later adopted the name Flex.