Flex (NASDAQ:FLEX) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on January 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in Flex stock on December 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

Flex Stock Performance

Flex stock traded up $2.76 during midday trading on Thursday, hitting $66.59. 4,257,759 shares of the company were exchanged, compared to its average volume of 3,311,415. Flex Ltd. has a fifty-two week low of $25.11 and a fifty-two week high of $72.22. The firm has a market capitalization of $24.62 billion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 1.71 and a beta of 1.24. The business has a fifty day simple moving average of $62.00 and a two-hundred day simple moving average of $57.71. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.83 and a current ratio of 1.33.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. KeyCorp lifted their price objective on shares of Flex from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Zacks Research lowered shares of Flex from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Jefferies Financial Group restated a “hold” rating and issued a $23.00 target price on shares of Flex in a research report on Wednesday, November 12th. Argus set a $85.00 price target on Flex in a report on Friday, October 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Flex in a report on Monday, December 29th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.11.

Insider Transactions at Flex

In other Flex news, CFO Kevin Krumm sold 21,406 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $61.23, for a total transaction of $1,310,689.38. Following the transaction, the chief financial officer owned 143,803 shares in the company, valued at $8,805,057.69. The trade was a 12.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael P. Hartung sold 15,000 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $64.26, for a total transaction of $963,900.00. Following the transaction, the insider owned 241,198 shares in the company, valued at $15,499,383.48. This trade represents a 5.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 128,906 shares of company stock valued at $7,904,439 in the last three months. 0.57% of the stock is owned by company insiders.

Institutional Trading of Flex

Hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in shares of Flex in the fourth quarter valued at about $260,000. Goldman Sachs Group Inc. raised its holdings in Flex by 19.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,279,137 shares of the technology company’s stock valued at $42,314,000 after acquiring an additional 211,046 shares during the last quarter. Empowered Funds LLC purchased a new position in Flex during the first quarter worth about $397,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Flex by 16.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,135,247 shares of the technology company’s stock worth $103,714,000 after acquiring an additional 453,455 shares during the last quarter. Finally, Advisors Capital Management LLC grew its stake in shares of Flex by 8.4% during the 1st quarter. Advisors Capital Management LLC now owns 7,610 shares of the technology company’s stock valued at $252,000 after buying an additional 589 shares during the period. 94.30% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Flex

Flex (NASDAQ: FLEX), formerly known as Flextronics, is a global provider of electronics manufacturing services (EMS) and original design manufacturing (ODM). The company offers end-to-end product lifecycle solutions including product design and engineering, prototyping, volume manufacturing, testing, and aftermarket services. Its offerings extend into supply chain management, component sourcing, logistics and distribution, and advanced manufacturing capabilities such as automation and digital manufacturing to support customers from concept through end-of-life.

Flex serves a broad range of industries, including automotive, healthcare, industrial, communications, and consumer electronics, working with original equipment manufacturers (OEMs) and technology companies to accelerate time to market and manage complex supply chains.