UBS Group AG Sells 214,022 Shares of Flex Ltd. $FLEX

Key Points

• UBS Group AG cut its stake in Flex by 13.8%, selling 214,022 shares and leaving it with 1,337,612 shares worth about $80.82 million (0.36% of the company).
• Vanguard dramatically increased its holdings, adding 25,662,586 shares to own 38,746,330 shares (~$2.34 billion), and institutional investors now hold 94.3% of Flex.
• Flex shares opened at $91.70 (near the 12‑month high of $93.53), trade at a P/E of 41.1 with a ~$33.7B market cap; analysts rate the stock a consensus “Moderate Buy” with a $72.30 target, and management set FY2026 EPS guidance of 3.210–3.270.

UBS Group AG decreased its stake in Flex Ltd. (NASDAQ:FLEX - Free Report) by 13.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,337,612 shares of the technology company's stock after selling 214,022 shares during the period. UBS Group AG owned 0.36% of Flex worth $80,819,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Flex by 196.1% in the fourth 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. State Street Corp lifted its position in shares of Flex by 38.0% in the 2nd quarter. State Street Corp now owns 12,259,554 shares of the technology company's stock worth $611,997,000 after purchasing an additional 3,377,669 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of Flex by 118.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,811,248 shares of the technology company's stock valued at $162,968,000 after purchasing an additional 1,522,308 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Flex by 80.9% during the third quarter. JPMorgan Chase & Co. now owns 2,645,745 shares of the technology company's stock worth $153,374,000 after buying an additional 1,183,464 shares during the period. Finally, Junto Capital Management LP bought a new position in Flex during the third quarter worth $56,270,000. 94.30% of the stock is currently owned by institutional investors.

Insider Transactions at Flex

In other Flex news, COO Kwang Hooi Tan sold 17,500 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The stock was 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 approximately $13,754,151.32. This trade represents a 6.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.57% of the company's stock.

Flex Stock Performance

NASDAQ:FLEX opened at $91.70 on Monday. Flex Ltd. has a 12 month low of $34.94 and a 12 month high of $93.53. The company has a current ratio of 1.40, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $33.72 billion, a price-to-earnings ratio of 41.12, a PEG ratio of 1.97 and a beta of 1.46. The firm has a fifty day simple moving average of $71.04 and a two-hundred day simple moving average of $65.79.

Flex (NASDAQ:FLEX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.08. The firm had revenue of $7.06 billion for the quarter, compared to analyst estimates of $6.84 billion. Flex had a net margin of 3.17% and a return on equity of 20.99%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 earnings per share. Flex has set its FY 2026 guidance at 3.210-3.270 EPS and its Q4 2026 guidance at 0.830-0.890 EPS. Analysts expect that Flex Ltd. will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FLEX has been the topic of several recent analyst reports. Stifel Nicolaus boosted their target price on shares of Flex from $75.00 to $95.00 and gave the company a "buy" rating in a report on Monday, April 20th. JPMorgan Chase & Co. lifted their price objective on Flex from $75.00 to $84.00 and gave the stock an "overweight" rating in a research report on Thursday, April 16th. Raymond James Financial set a $80.00 price objective on Flex and gave the company an "outperform" rating in a research note on Wednesday, February 4th. Wall Street Zen lowered Flex from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 8th. Finally, Robert W. Baird started coverage on Flex in a report on Thursday, March 12th. They issued an "outperform" rating and a $70.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, Flex has an average rating of "Moderate Buy" and a consensus price target of $72.30.

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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