Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Flex Ltd. (NASDAQ:FLEX)

Posted by Micah Haroldson on Nov 24th, 2025

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on November 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flex stock on October 7th. 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):

Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Flex Stock Performance

Shares of FLEX traded up $1.24 during mid-day trading on Monday, reaching $56.53. The company had a trading volume of 2,848,427 shares, compared to its average volume of 4,005,143. The stock has a 50 day moving average of $60.17 and a two-hundred day moving average of $52.66. The company has a quick ratio of 0.83, a current ratio of 1.33 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $20.90 billion, a P/E ratio of 25.01, a PEG ratio of 1.47 and a beta of 1.24. Flex Ltd. has a 52-week low of $25.11 and a 52-week high of $67.00.

Flex (NASDAQ:FLEX – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.04. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.70 billion. Flex had a net margin of 3.33% and a return on equity of 20.86%. The business’s revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the company earned $0.64 EPS. Flex has set its FY 2026 guidance at 3.090-3.170 EPS. Q3 2026 guidance at 0.740-0.800 EPS. On average, analysts expect that Flex Ltd. will post 2.33 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Flex in the second quarter worth about $291,362,000. State Street Corp boosted its stake in Flex by 38.0% in the second quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock valued at $611,997,000 after acquiring an additional 3,377,669 shares during the last quarter. Invesco Ltd. grew its stake in shares of Flex by 55.0% during the first quarter. Invesco Ltd. now owns 8,363,106 shares of the technology company’s stock worth $276,652,000 after purchasing an additional 2,968,285 shares during the period. Pacer Advisors Inc. increased its stake in shares of Flex by 3,794.6% in the 1st quarter. Pacer Advisors Inc. now owns 2,900,133 shares of the technology company’s stock valued at $95,936,000 after acquiring an additional 2,825,667 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Flex by 52.1% in the 2nd quarter. Geode Capital Management LLC now owns 7,180,371 shares of the technology company’s stock valued at $358,500,000 after buying an additional 2,459,511 shares during the period. 94.30% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Daniel Wendler sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $56.66, for a total transaction of $566,600.00. Following the completion of the transaction, the chief accounting officer directly owned 37,619 shares of the company’s stock, valued at $2,131,492.54. This trade represents a 21.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael P. Hartung sold 45,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $57.14, for a total transaction of $2,571,300.00. Following the completion of the transaction, the insider owned 256,198 shares in the company, valued at $14,639,153.72. This trade represents a 14.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 132,500 shares of company stock worth $7,870,250. 0.57% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FLEX. Wall Street Zen lowered shares of Flex from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 9th. Bank of America upped their price target on Flex from $58.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Flex in a research note on Wednesday. KeyCorp raised their target price on Flex from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Finally, Argus set a $85.00 price objective on shares of Flex in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.75.

Check Out Our Latest Report on Flex

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.

Flex Company Profile

(Get Free Report)

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.