Gilbert Cisneros Sells Shares of Flex Ltd.
Rep. Gilbert Cisneros disclosed selling Flex Ltd. shares valued between $1,001 and $15,000.
Key Points
- Rep. Gilbert Cisneros sold Flex Ltd. shares valued between $1,001 and $15,000 on May 12, 2026.
- Flex Ltd. shares trade around $150.42 with a market cap of $54.85 billion and a P/E ratio of 64.25.
- Insiders including the CFO and COO recently bought shares, while analysts maintain a strong buy rating.
Gilbert Cisneros vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Rep. Gilbert Cisneros, a member of the U.S. House of Representatives, recently disclosed a sale of shares in Flex Ltd. (NasdaqGS:FLEX). The transaction, valued between $1,001 and $15,000, took place on May 12, 2026, and was reported on June 9, 2026. This sale is part of the routine financial disclosures required of U.S. politicians under the STOCK Act.
Other Institutional Activity in Flex Ltd.
Several major institutional investors have also made moves in Flex Ltd. BlackRock, Inc. reduced its holdings by 5,109,982 shares, leaving it with 45,041,901 shares valued at approximately $2.95 billion. Primecap Management Co. trimmed its position by 1,318,643 shares, ending with 25,383,448 shares worth about $1.66 billion. Janus Henderson Group PLC cut its stake by 1,711,705 shares, holding 20,619,740 shares valued at $1.35 billion. Conversely, Wellington Management Group LLP increased its position by 2,601,854 shares, reaching a total of 20,238,286 shares valued at $1.32 billion.
Flex Ltd. Stock Snapshot
Shares of Flex Ltd. are trading around $150.42. The company has a market cap of $54.85 billion and a P/E ratio of 64.25, with a forward P/E of 21.55. Its beta is 1.638, indicating higher volatility than the market. Over the past year, the stock has ranged from $42.83 to $166.86. The 50-day moving average is $113.90, while the 200-day moving average is $74.81. Flex Ltd.'s current ratio is 1.36, with a quick ratio of 0.68 and a debt-to-equity ratio of 86.8.
Recent Earnings
In its latest earnings report, Flex Ltd. posted revenue of $27.91 billion, showing a growth of 16.9%. The company achieved an EPS of $2.33, with a net margin of 3.15% and a return on equity of 17.35%. The next earnings announcement is expected on May 6, 2026.
Insider Buying and Selling at Flex Ltd.
Recently, several insiders at Flex Ltd. have been active in the market. On June 11, 2026, Kevin Krumm, the CFO, along with other executives like David Scott Offer, Michael Hartung, and Kwang Hooi Tan, bought shares. Their purchases were not part of a pre-planned 10b5-1 trading plan. Earlier, on June 5, 2026, David Scott Offer sold 33,000 shares at an average price of $153.91 as part of a planned sale.
Analysts Set New Price Targets
On June 4, 2026, Barclays maintained its buy rating on Flex Ltd. with a price target of $203. Freedom Capital Markets initiated coverage with a hold rating and a $144 price target on May 28, 2026. Goldman Sachs also maintained a buy rating with a target of $177 on May 8, 2026. The consensus among analysts is a strong buy, with a mean price target of $160.40 based on 10 analyst opinions.
About Flex Ltd.
Flex Ltd. is a global technology company based in Austin, Texas. It offers innovative technology solutions, supply chain services, and manufacturing support across various industries, including automotive, healthcare, and cloud computing. The company operates through three main segments: Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure. Led by CEO Revathi Advaithi, Flex Ltd. employs nearly 150,000 people worldwide.
Bottom Line
Gilbert Cisneros's sale of Flex Ltd. shares is part of routine disclosures required for transparency. Flex Ltd. remains a significant player in the technology and manufacturing sectors, with strong institutional interest and a positive analyst outlook. These periodic reports help investors track political and institutional moves in the market.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.
