7,550 Shares of Flex Ltd. $FLEX Bought by Compass Financial Management LLC

Compass Financial Management LLC acquired a new stake in shares of Flex Ltd. (NASDAQ:FLEX) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,550 shares of the technology company’s stock, valued at approximately $830,000.

Several other large investors also recently modified their holdings of FLEX. Deltec Asset Management LLC boosted its stake in Flex by 40.3% in the third quarter. Deltec Asset Management LLC now owns 139,284 shares of the technology company’s stock valued at $15,320,000 after acquiring an additional 40,003 shares during the last quarter. Rithm Capital Corp. bought a new stake in shares of Flex during the 1st quarter valued at $1,407,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Flex in the 2nd quarter valued at $8,659,000. SteelPeak Wealth LLC acquired a new position in shares of Flex in the 3rd quarter valued at $1,359,000. Finally, Andra AP fonden boosted its position in shares of Flex by 41.9% in the 2nd quarter. Andra AP fonden now owns 38,624 shares of the technology company’s stock worth $6,260,000 after purchasing an additional 11,400 shares during the last quarter. 94.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Flex

In other 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 transaction of $332,363.20. Following 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 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. Insiders own 0.62% of the company’s stock.

Flex News Roundup

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Flex raised its fiscal 2027 outlook, citing accelerating demand for AI infrastructure and growth in its Cloud and Power Infrastructure business. The company also discussed expanding its power capabilities and advancing the planned Axiom spin-off. FLEX Q2 Earnings Call Highlights Axiom Spin-Off and AI Growth
• Positive Sentiment: Zacks Research upgraded Flex from “hold” to “strong-buy,” providing a favorable analyst signal. Flex upgrade report
• Positive Sentiment: A Seeking Alpha contributor reaffirmed a Buy rating, pointing to AI-driven growth in cloud and power infrastructure, higher segment growth expectations, and new liquid-cooling products and services as potential supports for expansion. This is analyst commentary, not company guidance. Flex: Stronger Fundamentals And New AI Opportunities Make The Selloff Attractive
• Neutral Sentiment: Flex is progressing with plans to spin off its Cloud and Power Infrastructure segment as Axiom Solutions International. The separation could sharpen the businesses’ focus and highlight their value, but the outcome depends on execution and the eventual terms of the transaction. Flex’s 2027 Axiom Spin-Off: Will Two Firms Unlock Value for Investors?

Flex Trading Down 13.6%

Shares of Flex stock opened at $66.73 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.34 and a debt-to-equity ratio of 0.90. The stock has a market cap of $24.65 billion, a P/E ratio of 24.09, a P/E/G ratio of 0.36 and a beta of 1.80. The business’s 50 day moving average is $103.26 and its 200-day moving average is $103.13. Flex Ltd. has a 12-month low of $53.07 and a 12-month high of $166.86.

Flex (NASDAQ:FLEX) last issued its quarterly earnings results on Wednesday, October 28th. The technology company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.12. Flex had a return on equity of 24.93% and a net margin of 3.35%. The business had revenue of $8.49 billion for the quarter, compared to the consensus estimate of $8.17 billion. During the same quarter in the prior year, the business posted $0.79 earnings per share. The firm’s quarterly revenue was up 24.8% compared to the same quarter last year. Equities research analysts predict that Flex Ltd. will post 4.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FLEX. Wall Street Zen raised Flex from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Raymond James Financial set a $170.00 target price on Flex and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Zacks Research raised Flex from a “hold” rating to a “strong-buy” rating in a research note on Monday. The Goldman Sachs Group reduced their target price on Flex from $154.00 to $145.00 in a report on Friday, October 16th. Finally, Weiss Ratings lowered Flex from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $131.78.

Flex Profile

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.