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

JSF Financial LLC acquired a new stake in Flex Ltd. (NASDAQ:FLEX) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,471 shares of the technology company’s stock, valued at approximately $1,592,000.

Other hedge funds have also recently modified their holdings of the company. Sei Investments Co. grew its holdings in shares of Flex by 52.2% in the first quarter. Sei Investments Co. now owns 2,230,622 shares of the technology company’s stock valued at $146,016,000 after acquiring an additional 764,558 shares in the last quarter. KBC Group NV increased its position in shares of Flex by 541.5% during the first quarter. KBC Group NV now owns 1,965,811 shares of the technology company’s stock valued at $128,682,000 after acquiring an additional 1,659,384 shares during the last quarter. Amundi increased its position in shares of Flex by 15.5% during the first quarter. Amundi now owns 1,494,418 shares of the technology company’s stock valued at $97,825,000 after acquiring an additional 200,553 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Flex by 9.3% during the first quarter. Pacer Advisors Inc. now owns 1,294,132 shares of the technology company’s stock valued at $84,714,000 after acquiring an additional 109,992 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Flex by 5.9% during the first quarter. Swiss National Bank now owns 1,085,250 shares of the technology company’s stock worth $71,040,000 after acquiring an additional 60,500 shares during the period. Institutional investors own 94.30% of the company’s stock.

Flex Stock Down 11.1%

Flex stock opened at $76.69 on Friday. The firm has a 50 day moving average price of $109.69 and a 200-day moving average price of $119.58. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.95. Flex Ltd. has a twelve month low of $53.07 and a twelve month high of $166.86. The company 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 (NASDAQ:FLEX) last posted its quarterly earnings results on Friday, June 26th. The technology company reported $1.00 EPS for the quarter. Flex had a net margin of 3.32% and a return on equity of 23.15%. The company had revenue of $7.93 billion for the quarter. As a group, equities analysts predict that Flex Ltd. will post 4.27 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on FLEX shares. Raymond James Financial set a $170.00 price objective on Flex and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group decreased their target price on Flex from $177.00 to $154.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Freedom Capital raised Flex from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Robert W. Baird set a $142.00 target price on Flex in a research note on Thursday, July 30th. Finally, Barclays cut their price target on shares of Flex from $203.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Flex presently has a consensus rating of “Moderate Buy” and an average price target of $119.67.

Insiders Place Their Bets

In other Flex news, insider Michael P. Hartung sold 2,755 shares of the firm’s 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 $29,336,632. This trade represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 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.

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.

Flex Company 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.