Deltec Asset Management LLC Has $6.96 Million Stake in Flex Ltd. $FLEX

Key Points

• Deltec trimmed its stake in Flex by 25.8% in Q4, selling 40,167 shares and now holds 115,252 shares worth $6.964 million (about 1.2% of its portfolio and its 21st largest position).
• Vanguard dramatically increased its holding, adding 25,662,586 shares (+196.1%) to own 38,746,330 shares valued at $2.341 billion, and institutional investors now hold about 94.3% of the stock.
• Operational and market snapshot: Flex beat Q4 estimates with $0.87 EPS and $7.06B revenue, set FY2026 EPS guidance of 3.210–3.270, is trading near its 52‑week high (~$91), and carries a consensus "Moderate Buy" with an average target of $72.30.

Deltec Asset Management LLC trimmed its stake in shares of Flex Ltd. (NASDAQ:FLEX - Free Report) by 25.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,252 shares of the technology company's stock after selling 40,167 shares during the period. Flex comprises about 1.2% of Deltec Asset Management LLC's portfolio, making the stock its 21st largest position. Deltec Asset Management LLC's holdings in Flex were worth $6,964,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Flex by 196.1% in 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 buying an additional 25,662,586 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in Flex by 139.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 11,040 shares of the technology company's stock valued at $667,000 after buying an additional 6,426 shares during the last quarter. Teacher Retirement System of Texas increased its stake in Flex by 62.3% in the 4th quarter. Teacher Retirement System of Texas now owns 340,389 shares of the technology company's stock valued at $20,566,000 after buying an additional 130,641 shares during the last quarter. HB Wealth Management LLC increased its stake in Flex by 8.1% in the 4th quarter. HB Wealth Management LLC now owns 7,722 shares of the technology company's stock valued at $467,000 after buying an additional 578 shares during the last quarter. Finally, KLP Kapitalforvaltning AS increased its stake in Flex by 66.1% in the 4th quarter. KLP Kapitalforvaltning AS now owns 152,600 shares of the technology company's stock valued at $9,220,000 after buying an additional 60,700 shares during the last quarter. 94.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Flex from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 8th. Stifel Nicolaus boosted their price objective 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. Raymond James Financial set a $80.00 price objective on shares of Flex and gave the stock an "outperform" rating in a research note on Wednesday, February 4th. Barclays boosted their price objective on shares of Flex from $71.00 to $72.00 and gave the stock an "overweight" rating in a research note on Thursday, February 5th. Finally, Zacks Research lowered shares of Flex from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, Flex currently has a consensus rating of "Moderate Buy" and an average target price of $72.30.

Flex Stock Performance

Shares of FLEX stock opened at $91.41 on Monday. The company has a market capitalization of $33.61 billion, a price-to-earnings ratio of 40.99, a PEG ratio of 1.97 and a beta of 1.22. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.88 and a current ratio of 1.40. The company has a 50-day simple moving average of $69.04 and a 200 day simple moving average of $64.91. Flex Ltd. has a 52 week low of $33.35 and a 52 week high of $91.91.

Flex (NASDAQ:FLEX - Get Free Report) last announced its 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 business had revenue of $7.06 billion during the quarter, compared to the consensus estimate of $6.84 billion. Flex had a net margin of 3.17% and a return on equity of 20.99%. Flex's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 EPS. Flex has set its FY 2026 guidance at 3.210-3.270 EPS and its Q4 2026 guidance at 0.830-0.890 EPS. On average, sell-side analysts predict that Flex Ltd. will post 2.93 earnings per share for the current year.

Insider Transactions at Flex

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the business's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $58.87, for a total value of $1,030,225.00. Following the completion of the sale, the chief operating officer owned 233,636 shares of the company's stock, valued at $13,754,151.32. The trade was a 6.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.57% of the stock is owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.