Machina Capital S.A.S. Takes $1.15 Million Position in Flex Ltd. $FLEX

Machina Capital S.A.S. bought a new stake in Flex Ltd. (NASDAQ:FLEX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,847 shares of the technology company’s stock, valued at approximately $1,151,000.

A number of other large investors have also recently bought and sold shares of FLEX. Boston Partners increased 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 during the period. State Street Corp increased its position in Flex by 38.0% in the 2nd quarter. State Street Corp now owns 12,259,554 shares of the technology company’s stock valued at $611,997,000 after acquiring an additional 3,377,669 shares during the period. Invesco Ltd. raised its stake in Flex by 6.1% during the 2nd 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. Geode Capital Management LLC lifted its position in Flex by 52.1% during the 2nd quarter. Geode Capital Management LLC now owns 7,180,371 shares of the technology company’s stock worth $358,500,000 after acquiring an additional 2,459,511 shares during the period. Finally, Norges Bank acquired a new position in shares of Flex in the second quarter valued at approximately $291,362,000. Institutional investors and hedge funds own 94.30% of the company’s stock.

Insider Buying and Selling

In other Flex news, insider Michael P. Hartung sold 15,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $62.21, for a total transaction of $933,150.00. Following the sale, the insider owned 211,198 shares in the company, valued at approximately $13,138,627.58. This represents a 6.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kevin Krumm sold 21,406 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $61.23, for a total value of $1,310,689.38. Following the completion of the transaction, the chief financial officer directly owned 143,803 shares of the company’s stock, valued at approximately $8,805,057.69. This trade represents a 12.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 86,406 shares of company stock valued at $5,195,639. 0.57% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

FLEX has been the topic of several recent research reports. KeyCorp boosted their price objective on shares of Flex from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Jefferies Financial Group reissued a “hold” rating and set a $23.00 price target on shares of Flex in a report on Wednesday, November 12th. Zacks Research cut Flex from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Argus set a $85.00 price target on Flex in a report on Friday, October 31st. Finally, Raymond James Financial set a $80.00 price objective on Flex and gave the stock an “outperform” rating in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.67.

Flex News Roundup

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Beat estimates and raised guidance — FLEX reported $0.87 EPS vs. $0.79 consensus and ~$7.06B revenue (beats), with adjusted operating margin improving and management raising full‑year net sales, adjusted operating margin and adjusted EPS guidance. FLEX REPORTS THIRD QUARTER FISCAL 2026 RESULTS
• Positive Sentiment: Guidance slightly above Street — FY26 EPS guided to $3.210–3.270 (vs. ~3.02 consensus) and Q4 EPS to $0.830–0.890 (vs. ~0.82), with FY revenue range modestly above consensus — a near‑term financing/earnings beat that supports the outlook. Flex Raises Outlook After Record Quarter Fueled By AI Data Centers
• Neutral Sentiment: Results were presentation‑ready — management hosted the earnings call and slide deck that detail customer mix, margins and segment performance (useful for investors parsing sustainability of the beat). Flex Ltd. (FLEX) Q3 2026 Earnings Call Transcript
• Negative Sentiment: Investor reaction — despite the double beat, shares fell because sequential revenue growth is slowing and the quarter was seen as too concentrated in AI/data‑center demand, raising concentration and sustainability concerns. Flex Q3: Not Enough Growth, Investors Didn’t Like It
• Negative Sentiment: High volume and volatility — trading spiked well above average as investors repositioned, amplifying the sell‑off despite the beat. Flex Trading Page

Flex Stock Performance

NASDAQ FLEX opened at $58.83 on Thursday. The business has a 50 day moving average price of $63.56 and a 200 day moving average price of $59.08. The company has a market capitalization of $21.75 billion, a P/E ratio of 26.03, a PEG ratio of 1.74 and a beta of 1.24. Flex Ltd. has a 1-year low of $25.11 and a 1-year high of $72.22. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.33 and a quick ratio of 0.83.

Flex (NASDAQ:FLEX) last posted its earnings results 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 company had revenue of $7.06 billion for the quarter, compared to analyst estimates of $6.84 billion. Flex had a return on equity of 20.86% and a net margin of 3.33%.Flex’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side analysts expect that Flex Ltd. will post 2.33 EPS for the current fiscal year.

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.