Flex Ltd. $FLEX Holdings Decreased by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP trimmed its position in Flex by 6.2% in Q3, selling 404,229 shares and leaving it with 6,129,523 shares (about 1.66% of the company) valued at roughly $355.3 million, while institutional investors now own about 94.3% of the stock.
• Flex beat quarterly estimates—reporting $0.87 EPS versus $0.79 expected and $7.06 billion in revenue (up 7.7% year-over-year)—and issued FY2026 guidance of $3.21–$3.27 EPS with Q4 guidance of $0.83–$0.89.
• Insider sales were notable: CAO Daniel Wendler sold 10,000 shares at $71.97 and CFO Kevin Krumm sold 21,406 shares at $61.23, reducing their holdings and leaving insiders with about 0.57% ownership.

Dimensional Fund Advisors LP lessened its stake in Flex Ltd. (NASDAQ:FLEX - Free Report) by 6.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,129,523 shares of the technology company's stock after selling 404,229 shares during the period. Dimensional Fund Advisors LP owned 1.66% of Flex worth $355,303,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MTM Investment Management LLC bought a new position in shares of Flex in the second quarter valued at approximately $26,000. CENTRAL TRUST Co boosted its stake in 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 purchasing an additional 355 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Flex by 404.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 706 shares of the technology company's stock valued at $35,000 after purchasing an additional 566 shares during the period. Rexford Capital Inc. bought a new stake in shares of Flex in the 2nd quarter worth $57,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Flex in the third quarter valued at $57,000. 94.30% of the stock is currently owned by institutional investors.

Flex Stock Down 0.7%

FLEX stock opened at $63.51 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 0.88. The firm has a market capitalization of $23.35 billion, a P/E ratio of 28.48, a P/E/G ratio of 1.56 and a beta of 1.24. Flex Ltd. has a 52-week low of $25.11 and a 52-week high of $72.22. The company's 50 day simple moving average is $63.72 and its 200-day simple moving average is $60.99.

Flex (NASDAQ:FLEX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.08. Flex had a net margin of 3.17% and a return on equity of 20.99%. The firm had revenue of $7.06 billion for the quarter, compared to analysts' expectations of $6.84 billion. During the same period in the previous year, the company posted $0.77 EPS. The company's quarterly revenue was up 7.7% compared to the same quarter last year. 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, equities research analysts anticipate that Flex Ltd. will post 2.33 EPS for the current year.

Insider Buying and Selling at Flex

In other news, CAO Daniel Wendler sold 10,000 shares of the company's stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $71.97, for a total value of $719,700.00. Following the transaction, the chief accounting officer owned 27,619 shares in the company, valued at $1,987,739.43. This represents a 26.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Kevin Krumm sold 21,406 shares of the firm's stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $61.23, for a total transaction of $1,310,689.38. Following the sale, the chief financial officer owned 143,803 shares of the company's stock, valued at approximately $8,805,057.69. This represents a 12.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FLEX shares. Wall Street Zen raised Flex from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 28th. Barclays lifted 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. Zacks Research lowered shares of Flex from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 29th. The Goldman Sachs Group lifted their price target on shares of Flex from $67.00 to $74.00 and gave the stock a "buy" rating in a research report on Tuesday, December 9th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $23.00 price target on shares of Flex in a report on Wednesday, November 12th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $66.78.

About Flex

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.

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