Shares of Flextronics International Ltd. (NASDAQ:FLEX) rose 1% during trading on Tuesday . The company traded as high as $13.05 and last traded at $13.00, with a volume of 3,335,979 shares traded. The stock had previously closed at $12.87.

Several analysts have commented on FLEX shares. Citigroup Inc. lifted their price target on Flextronics International from $12.00 to $15.00 and gave the company a “buy” rating in a report on Friday, April 29th. B. Riley restated a “buy” rating and issued a $14.50 price target on shares of Flextronics International in a report on Friday, April 29th. Zacks Investment Research upgraded Flextronics International from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Tuesday, June 28th. Bank of America Corp. restated a “buy” rating and issued a $15.00 price target on shares of Flextronics International in a report on Thursday, May 12th. Finally, Standpoint Research cut Flextronics International from a “buy” rating to a “hold” rating in a report on Tuesday, May 24th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $13.27.

The company has a market cap of $7.01 billion and a PE ratio of 16.35. The company has a 50-day moving average of $12.56 and a 200-day moving average of $11.60.

Flextronics International (NASDAQ:FLEX) last announced its earnings results on Thursday, April 28th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $5.77 billion for the quarter, compared to analysts’ expectations of $5.82 billion. During the same period in the prior year, the company earned $0.27 earnings per share. The company’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, equities research analysts predict that Flextronics International Ltd. will post $1.22 earnings per share for the current fiscal year.

In other news, CFO Christopher Collier sold 4,715 shares of the company’s stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $12.23, for a total transaction of $57,664.45. Following the completion of the sale, the chief financial officer now directly owns 547,056 shares of the company’s stock, valued at $6,690,494.88. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jonathan S. Hoak sold 47,100 shares of the company’s stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $12.41, for a total value of $584,511.00. Following the sale, the executive vice president now directly owns 247,758 shares of the company’s stock, valued at $3,074,676.78. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have bought and sold shares of the company. Advisors Asset Management Inc. raised its position in Flextronics International by 113.1% in the fourth quarter. Advisors Asset Management Inc. now owns 92,796 shares of the company’s stock valued at $1,040,000 after buying an additional 49,253 shares during the last quarter. GSA Capital Partners LLP raised its position in Flextronics International by 29.3% in the fourth quarter. GSA Capital Partners LLP now owns 95,120 shares of the company’s stock valued at $1,066,000 after buying an additional 21,559 shares during the last quarter. Nationwide Fund Advisors raised its position in Flextronics International by 21.9% in the fourth quarter. Nationwide Fund Advisors now owns 122,213 shares of the company’s stock valued at $1,370,000 after buying an additional 21,933 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its position in Flextronics International by 1.6% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 131,282 shares of the company’s stock valued at $1,472,000 after buying an additional 2,055 shares during the last quarter. Finally, Clifford Swan Investment Counsel LLC raised its position in Flextronics International by 95.9% in the fourth quarter. Clifford Swan Investment Counsel LLC now owns 170,450 shares of the company’s stock valued at $1,911,000 after buying an additional 83,450 shares during the last quarter.

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