Flex (NASDAQ:FLEX) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.
by Renee Jackson · The Cerbat GemRepresentative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flex stock on March 27th. 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 MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 3/25/2026.
Flex Stock Performance
FLEX traded up $1.82 during trading on Thursday, hitting $75.01. 4,125,319 shares of the stock were exchanged, compared to its average volume of 3,641,660. The firm has a market capitalization of $27.58 billion, a P/E ratio of 33.64, a PEG ratio of 1.50 and a beta of 1.22. Flex Ltd. has a 1-year low of $28.50 and a 1-year high of $75.92. The stock has a fifty day moving average price of $64.85 and a two-hundred day moving average price of $62.92. The company has a quick ratio of 0.88, a current ratio of 1.40 and a debt-to-equity ratio of 0.73.
Flex (NASDAQ:FLEX – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.79 by $0.08. The company had revenue of $7.06 billion for the quarter, compared to analyst estimates of $6.84 billion. Flex had a return on equity of 20.99% and a net margin of 3.17%.The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 earnings per share. Flex has set its FY 2026 guidance at 3.210-3.270 EPS and its Q4 2026 guidance at 0.830-0.890 EPS. As a group, sell-side analysts predict that Flex Ltd. will post 2.33 earnings per share for the current year.
Insider Buying and Selling at Flex
In related news, COO Kwang Hooi Tan sold 17,500 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $58.87, for a total value of $1,030,225.00. Following the completion of the transaction, the chief operating officer directly owned 233,636 shares of the company’s stock, valued at $13,754,151.32. This trade represents a 6.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on FLEX shares. Raymond James Financial set a $80.00 target price on Flex and gave the company an “outperform” rating in a report on Wednesday, February 4th. Barclays boosted their target price on Flex from $71.00 to $72.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Zacks Research lowered Flex from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Flex in a report on Monday, December 29th. Finally, Robert W. Baird started coverage on Flex in a report on Thursday, March 12th. They issued an “outperform” rating and a $70.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Flex presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.10.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. USA Financial Formulas purchased a new position in shares of Flex in the 4th quarter valued at about $28,000. Frazier Financial Advisors LLC acquired a new position in Flex during the fourth quarter worth about $28,000. Parkside Financial Bank & Trust increased its holdings in Flex by 57.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 457 shares of the technology company’s stock valued at $28,000 after buying an additional 166 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of Flex by 238.3% during the 3rd quarter. CENTRAL TRUST Co now owns 504 shares of the technology company’s stock valued at $29,000 after acquiring an additional 355 shares during the period. Finally, Gables Capital Management Inc. purchased a new stake in shares of Flex during the 4th quarter worth approximately $42,000. Institutional investors and hedge funds own 94.30% of the company’s stock.
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
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.