Graetz Wealth LLC Makes New $252,000 Investment in Flex Ltd. $FLEX

Graetz Wealth LLC purchased a new stake in Flex Ltd. (NASDAQ:FLEX) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,165 shares of the technology company’s stock, valued at approximately $252,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Flex by 196.1% during the 4th quarter. Vanguard Group Inc. now owns 38,746,330 shares of the technology company’s stock valued at $2,341,053,000 after acquiring an additional 25,662,586 shares during the last quarter. Norges Bank purchased a new stake in Flex during the 4th quarter valued at approximately $319,756,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in Flex during the 4th quarter valued at approximately $2,497,000. Sequoia Financial Advisors LLC lifted its stake in shares of Flex by 12.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 173,277 shares of the technology company’s stock worth $10,469,000 after acquiring an additional 19,270 shares during the period. Finally, Teacher Retirement System of Texas lifted its stake in shares of Flex by 62.3% in the 4th quarter. Teacher Retirement System of Texas now owns 340,389 shares of the technology company’s stock worth $20,566,000 after acquiring an additional 130,641 shares during the period. 94.30% of the stock is owned by hedge funds and other institutional investors.

Flex Trading Up 9.0%

Shares of FLEX opened at $151.99 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. The firm’s 50-day moving average is $114.24 and its two-hundred day moving average is $81.43. Flex Ltd. has a twelve month low of $42.83 and a twelve month high of $166.86. The firm has a market capitalization of $55.69 billion, a P/E ratio of 65.23, a PEG ratio of 0.73 and a beta of 1.64.

Flex (NASDAQ:FLEX) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.93 earnings per share for the quarter. Flex had a net margin of 3.15% and a return on equity of 22.12%. The company had revenue of $7.48 billion for the quarter. On average, research analysts predict that Flex Ltd. will post 4.15 earnings per share for the current fiscal year.

Flex News Summary

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Flex is being viewed more favorably as an AI infrastructure beneficiary, with commentary highlighting its role in supplying equipment and systems for data centers and cloud/power applications. Flex To Enter S&P 500 Positioned As A Major AI Infrastructure Player
• Positive Sentiment: Upcoming inclusion in the S&P 500 is a bullish catalyst because it can boost demand from index funds and improve market visibility for Flex Ltd. (FLEX). Dear Flex stock fans, mark your calendars for June 22
• Positive Sentiment: Analysts are focusing on Flex’s aggressive capex plan to capture AI data center demand, suggesting fiscal 2027 could be an important turning point if investments translate into margin recovery and faster growth. Flex Aggressively Scaling Investments: Is Fiscal 2027 a Turning Point?

Insider Activity

In other Flex news, EVP David Scott Offer sold 33,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $153.91, for a total transaction of $5,079,030.00. Following the completion of the transaction, the executive vice president directly owned 73,471 shares in the company, valued at approximately $11,307,921.61. This trade represents a 30.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael P. Hartung sold 22,216 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $142.38, for a total transaction of $3,163,114.08. Following the transaction, the insider owned 232,706 shares of the company’s stock, valued at $33,132,680.28. This trade represents a 8.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 345,012 shares of company stock worth $48,508,103 in the last three months. Company insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. The Goldman Sachs Group raised their target price on shares of Flex from $84.00 to $177.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Barclays raised their target price on shares of Flex from $174.00 to $203.00 and gave the stock an “overweight” rating in a research note on Thursday, June 4th. Stifel Nicolaus raised their target price on shares of Flex from $75.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Wall Street Zen cut shares of Flex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of Flex from $75.00 to $84.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Flex has a consensus rating of “Moderate Buy” and a consensus target price of $115.70.

Flex 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.