Sequoia Financial Advisors LLC Purchases 19,270 Shares of Flex Ltd. $FLEX

Key Points

• Sequoia Financial Advisors raised its stake in Flex by 12.5%, buying 19,270 shares to hold 173,277 shares worth roughly $10.47 million at the end of the quarter.
• Flex beat Q4 estimates (EPS $0.93 vs. $0.87; revenue $7.48B, +17% YoY), raised FY‑2027 EPS guidance to 4.210–4.510 and announced a spinoff of its cloud/power/AI data‑center unit, pushing shares to fresh highs.
• Nevertheless, risks persist: analysts maintain a “Moderate Buy” consensus (target $112.80) but the stock trades at elevated multiples (P/E ~57) and has modest short‑term liquidity (quick ratio <1), while the spinoff creates execution and valuation risks.

Sequoia Financial Advisors LLC raised its position in Flex Ltd. (NASDAQ:FLEX - Free Report) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 173,277 shares of the technology company's stock after buying an additional 19,270 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Flex were worth $10,469,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. USA Financial Formulas acquired a new position in Flex during the 4th quarter worth approximately $28,000. CENTRAL TRUST Co increased its position in Flex by 238.3% during the 3rd quarter. CENTRAL TRUST Co now owns 504 shares of the technology company's stock worth $29,000 after purchasing an additional 355 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Flex during the 3rd quarter worth approximately $52,000. Root Financial Partners LLC acquired a new position in Flex during the 3rd quarter worth approximately $57,000. Finally, CI Investments Inc. increased its position in Flex by 60.4% during the 3rd quarter. CI Investments Inc. now owns 1,022 shares of the technology company's stock worth $59,000 after purchasing an additional 385 shares in the last quarter. 94.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on FLEX shares. Wall Street Zen cut shares of Flex from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 8th. Raymond James Financial set a $80.00 price objective on shares of Flex and gave the stock an "outperform" rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of Flex from $75.00 to $84.00 and gave the stock an "overweight" rating in a research report on Thursday, April 16th. Robert W. Baird set a $165.00 price objective on shares of Flex in a research report on Thursday. Finally, Stifel Nicolaus upped their price objective on shares of Flex from $75.00 to $95.00 and gave the stock a "buy" rating in a research report on Monday, April 20th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $112.80.

Insider Activity

In other news, COO Kwang Hooi Tan sold 17,500 shares of the business's stock in a transaction that occurred on 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 transaction, the chief operating officer owned 233,636 shares in the company, valued at approximately $13,754,151.32. The trade was a 6.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.57% of the company's stock.

Flex Trading Down 1.3%

FLEX opened at $133.02 on Friday. Flex Ltd. has a fifty-two week low of $37.93 and a fifty-two week high of $139.39. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.36 and a quick ratio of 0.88. The firm has a market capitalization of $48.91 billion, a price-to-earnings ratio of 57.09, a PEG ratio of 2.90 and a beta of 1.46. The company's 50 day moving average price is $74.45 and its two-hundred day moving average price is $67.03.

Flex (NASDAQ:FLEX - Get Free Report) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.06. Flex had a net margin of 3.15% and a return on equity of 22.12%. The firm had revenue of $7.48 billion for the quarter, compared to analyst estimates of $6.96 billion. During the same period in the previous year, the firm posted $0.73 EPS. The company's revenue for the quarter was up 17.2% compared to the same quarter last year. Flex has set its FY 2027 guidance at 4.210-4.510 EPS and its Q1 2027 guidance at 0.860-0.920 EPS. As a group, research analysts predict that Flex Ltd. will post 3.31 earnings per share for the current year.

Flex News Roundup

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Q4 beat and stronger growth — Flex reported EPS and revenue above consensus (EPS $0.93; revenue ~$7.48B, +17% Y/Y), signaling continued top‑line momentum and margin improvement. Flex Q4 Earnings & Revenues Beat Estimates, Rise Y/Y, Stock Up
• Positive Sentiment: Material guidance raise — management issued FY‑2027 EPS and revenue targets well above Street expectations (FY EPS 4.210–4.510 vs. consensus ~3.60), improving forward visibility. Flex Ltd. 2026 Q4 - Results - Earnings Call Presentation
• Positive Sentiment: Strategic spinoff announced — Flex will carve out its cloud/power/AI data‑center infrastructure business into a listed company, a move investors view as value‑creative and focused on high‑growth AI infrastructure exposure. Flex to spin off AI data-center infrastructure unit into listed company
• Neutral Sentiment: Market reaction & momentum — shares ran to fresh highs and jumped strongly after hours on the combined beat/guidance/spinoff news, reflecting high investor enthusiasm but raising questions about near‑term volatility. Flex Ltd (FLEX) Hits All-Time High on Strong Earnings, Business Spinoff
• Neutral Sentiment: Deep dive available — the company’s earnings presentation and call materials offer line‑item detail useful for judging sustainability of margins and segment contributions. Flex Ltd. 2026 Q4 - Results - Earnings Call Presentation
• Negative Sentiment: Valuation and financial profile — the stock trades at elevated multiples (high P/E) and the company has modest short‑term liquidity metrics (quick ratio <1), which could amplify downside if growth slows.
• Negative Sentiment: Execution & event risk — the spinoff creates execution, timing and capital‑allocation risks; investors should watch separation details, tax treatment, and whether the market sustains valuation for two public entities. The stock has pulled back today after the initial post‑earnings surge.

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.

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