5,100 Shares of Flex Ltd. $FLEX Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new position in shares of Flex Ltd. (NASDAQ:FLEX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,100 shares of the technology company’s stock, valued at approximately $585,000.

Several other hedge funds have also made changes to their positions in the business. First Citizens Bank & Trust Co. acquired a new position in shares of Flex in the third quarter valued at approximately $705,000. Signal Advisors Wealth LLC lifted its holdings in Flex by 146.5% during the 3rd quarter. Signal Advisors Wealth LLC now owns 5,024 shares of the technology company’s stock worth $553,000 after buying an additional 2,986 shares in the last quarter. Heffernan Advisory Inc. lifted its holdings in Flex by 24.0% during the 3rd quarter. Heffernan Advisory Inc. now owns 3,100 shares of the technology company’s stock worth $341,000 after buying an additional 600 shares in the last quarter. Wedmont Private Capital lifted its holdings in Flex by 32.0% during the 3rd quarter. Wedmont Private Capital now owns 2,659 shares of the technology company’s stock worth $305,000 after buying an additional 645 shares in the last quarter. Finally, Insight Wealth Strategies LLC boosted its position in Flex by 84.8% in the 3rd quarter. Insight Wealth Strategies LLC now owns 52,016 shares of the technology company’s stock valued at $5,721,000 after buying an additional 23,875 shares during the period. Institutional investors and hedge funds own 94.30% of the company’s stock.

Flex News Roundup

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Flex completed its acquisition of EPC Power, adding grid-forming and power-conversion technology for AI data centers, 800V power architectures and electric-grid applications. The deal strengthens Flex’s Cloud and Power Infrastructure portfolio and could position the company to benefit from rising demand for higher-density AI facilities. Flex Completes Acquisition of EPC Power
• Positive Sentiment: Flex’s planned 2027 spin-off of Axiom could unlock value by separating higher-growth, higher-margin AI infrastructure operations from its legacy manufacturing business. The company has also introduced modular Axiom AI data-center racks aimed at growing power and cooling demand. Flex’s AI Infrastructure Spin-Off Could Unlock Hidden Value
• Neutral Sentiment: Flex’s AI strategy continues to attract institutional interest, but recent 13F filings show mixed positioning, with some large investors adding shares while others—including Boston Partners, BlackRock and UBS—reduced holdings. This suggests investor conviction remains divided.
• Negative Sentiment: Investors are increasingly focused on risks tied to the Axiom transaction. Flex invested $2 billion in convertible preferred securities for Axiom and guaranteed potential redemption obligations if the separation is delayed or fails. The spin-off also remains subject to shareholder and board approval, tax considerations and regulatory filings, creating financing and execution uncertainty. Flex Slides as Investors Weigh Axiom Spin-Off Financing Risks
• Negative Sentiment: Reported insider activity has been heavily weighted toward selling, with no purchases cited over the past six months. Although sales may reflect compensation or diversification, the pattern can reinforce bearish sentiment during a volatile period.

Insider Buying and Selling at Flex

In other news, insider Michael P. Hartung sold 2,755 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $120.64, for a total transaction of $332,363.20. Following the completion of the sale, the insider owned 243,175 shares in the company, valued at approximately $29,336,632. The trade was a 1.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.62% of the company’s stock.

Flex Price Performance

Shares of NASDAQ FLEX opened at $100.35 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.89 and a current ratio of 1.38. Flex Ltd. has a fifty-two week low of $53.07 and a fifty-two week high of $166.86. The firm has a market capitalization of $37.07 billion, a PE ratio of 34.65, a price-to-earnings-growth ratio of 0.56 and a beta of 1.67. The stock’s 50-day simple moving average is $113.85 and its 200-day simple moving average is $118.66.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on FLEX shares. The Goldman Sachs Group dropped their price target on shares of Flex from $177.00 to $154.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Raymond James Financial set a $170.00 price objective on Flex and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings lowered Flex from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 17th. Barclays decreased their target price on Flex from $203.00 to $144.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Finally, Zacks Research cut Flex from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Flex presently has an average rating of “Moderate Buy” and an average target price of $119.67.

Flex Company Profile

Flex Ltd. (NASDAQ:FLEX) is a global manufacturing and supply-chain solutions provider that helps companies design, build and deliver products. The company works with original equipment manufacturers and other brands across the product life cycle, from product design and engineering through manufacturing, logistics and aftermarket services.

Its capabilities include electronics manufacturing, printed circuit board assembly, systems integration, mechanical manufacturing, testing, product development and supply-chain management.