Flex Ltd. $FLEX Stock: Prescott Group Capital Management L.L.C. Grows Holdings

Prescott Group Capital Management L.L.C. increased its position in Flex Ltd. (NASDAQ:FLEX) by 33.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,000 shares of the technology company’s stock after buying an additional 20,000 shares during the quarter. Flex comprises about 0.8% of Prescott Group Capital Management L.L.C.’s investment portfolio, making the stock its 28th biggest position. Prescott Group Capital Management L.L.C.’s holdings in Flex were worth $8,799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FLEX. Burkett Financial Services LLC purchased a new position in shares of Flex in the 3rd quarter worth about $25,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Flex during the 3rd quarter worth about $28,000. Rosenberg Matthew Hamilton purchased a new stake in shares of Flex during the 3rd quarter worth about $29,000. Security National Bank of SO Dak purchased a new position in Flex in the second quarter valued at approximately $89,000. Finally, Signature Equity Partners LLC raised its holdings in Flex by 56.3% in the third quarter. Signature Equity Partners LLC now owns 605 shares of the technology company’s stock valued at $67,000 after buying an additional 218 shares during the period. Institutional investors and hedge funds own 94.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Zacks Research cut shares of Flex from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Robert W. Baird dropped their price objective on shares of Flex from $142.00 to $135.00 in a research report on Monday, October 19th. Raymond James Financial set a $170.00 target price on shares of Flex and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Bank of America reduced their target price on shares of Flex from $180.00 to $150.00 and set a “buy” rating on the stock in a report on Tuesday, October 27th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Flex from $175.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $131.78.

Insiders Place Their Bets

In other Flex news, insider Michael P. Hartung sold 2,755 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $120.64, for a total value of $332,363.20. Following the transaction, the insider 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 sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.62% of the stock is currently owned by company insiders.

Flex Stock Performance

Flex stock opened at $88.10 on Wednesday. The company has a market cap of $32.55 billion, a PE ratio of 31.81, a P/E/G ratio of 0.39 and a beta of 1.80. The company has a fifty day moving average price of $104.80 and a two-hundred day moving average price of $103.06. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.34 and a quick ratio of 0.85. Flex Ltd. has a 12 month low of $53.07 and a 12 month high of $166.86.

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

More Flex News

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Flex’s cloud and infrastructure (CPI) revenue rose 54%, with AI infrastructure demand cited as a key driver. Growth in power, acquisitions and expanding margins also support the company’s fiscal 2027 outlook. Flex’s CPI Sales Surge 54%: Can AI Infrastructure Sustain Gains?
• Positive Sentiment: The EPC Power acquisition may strengthen Flex’s position in AI data centers and add to its Axiom platform, potentially extending its growth opportunity in the sector. Can FLEX’s EPC Power Deal Deepen Its AI Data Center Growth Advantage?
• Negative Sentiment: Higher investment, rising debt and acquisition-integration risks could weigh on returns or limit the benefit of AI-related growth. The stock also reportedly fell after its fiscal second-quarter results, despite its strong longer-term growth narrative. Flex Stock Down Post Q2 Earnings: Should You Buy, Hold or Offload?

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.