Hel Ved Capital Management Ltd Trims Stake in Flex Ltd. $FLEX

Hel Ved Capital Management Ltd lowered its holdings in Flex Ltd. (NASDAQ:FLEX) by 36.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,550 shares of the technology company’s stock after selling 26,480 shares during the period. Hel Ved Capital Management Ltd’s holdings in Flex were worth $2,699,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Boston Partners raised its stake in Flex by 3.5% in the second quarter. Boston Partners now owns 20,620,717 shares of the technology company’s stock valued at $1,029,769,000 after purchasing an additional 687,835 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Flex by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 13,083,744 shares of the technology company’s stock valued at $758,465,000 after buying an additional 221,819 shares in the last quarter. State Street Corp lifted its holdings in shares of Flex by 38.0% during the 2nd quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock worth $611,997,000 after acquiring an additional 3,377,669 shares during the last quarter. Invesco Ltd. increased its stake in Flex by 6.1% in the second quarter. Invesco Ltd. now owns 8,871,601 shares of the technology company’s stock valued at $442,870,000 after acquiring an additional 508,495 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Flex by 52.1% during the second quarter. Geode Capital Management LLC now owns 7,180,371 shares of the technology company’s stock valued at $358,500,000 after purchasing an additional 2,459,511 shares in the last quarter. Institutional investors own 94.30% of the company’s stock.

Flex Stock Down 5.7%

NASDAQ FLEX opened at $59.91 on Friday. Flex Ltd. has a 1 year low of $25.11 and a 1 year high of $72.22. The stock has a market capitalization of $22.03 billion, a PE ratio of 26.87, a PEG ratio of 1.55 and a beta of 1.24. 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 business’s 50-day moving average is $63.65 and its 200 day moving average is $61.06.

Flex (NASDAQ:FLEX) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.08. The business had revenue of $7.06 billion during the quarter, compared to analyst estimates of $6.84 billion. Flex had a return on equity of 20.99% and a net margin of 3.17%.Flex’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side analysts forecast that Flex Ltd. will post 2.33 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Flex in a report on Monday, December 29th. Barclays increased their price target on shares of Flex from $71.00 to $72.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Zacks Research lowered shares of Flex from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Jefferies Financial Group reaffirmed a “hold” rating and set a $23.00 target price on shares of Flex in a report on Wednesday, November 12th. Finally, Raymond James Financial set a $80.00 price target on shares of Flex and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.78.

Insider Buying and Selling at Flex

In other Flex news, CFO Kevin Krumm sold 21,406 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $61.23, for a total transaction of $1,310,689.38. Following the transaction, the chief financial officer directly owned 143,803 shares of the company’s stock, valued at approximately $8,805,057.69. The trade was a 12.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Daniel Wendler sold 10,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $71.97, for a total transaction of $719,700.00. Following the completion of the sale, the chief accounting officer directly owned 27,619 shares of the company’s stock, valued at approximately $1,987,739.43. This represents a 26.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

Flex Company 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.