Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Flex Ltd. (NASDAQ:FLEX)

Posted by Scott Moore on Oct 15th, 2025

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Flex Ltd. (NASDAQ:FLEX). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flex stock on September 12th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 10/1/2025.
Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 10/1/2025.
Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 9/30/2025.
Sold $15,001 – $50,000 in shares of Fortive (NYSE:FTV) on 9/30/2025.
Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 9/30/2025.
Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 9/30/2025.
Sold $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 9/30/2025.
Purchased $1,001 – $15,000 in shares of PTC (NASDAQ:PTC) on 9/30/2025.
Purchased $1,001 – $15,000 in shares of CoStar Group (NASDAQ:CSGP) on 9/30/2025.
Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 9/30/2025.

Flex Price Performance

Shares of FLEX opened at $59.60 on Wednesday. The firm has a market cap of $22.37 billion, a PE ratio of 26.14, a P/E/G ratio of 1.91 and a beta of 1.15. The company has a current ratio of 1.36, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59. The firm has a fifty day simple moving average of $55.01 and a two-hundred day simple moving average of $46.62. Flex Ltd. has a 1-year low of $25.11 and a 1-year high of $60.49.

Flex (NASDAQ:FLEX – Get Free Report) last announced its earnings results on Thursday, July 24th. The technology company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.09. The business had revenue of $6.58 billion during the quarter, compared to analyst estimates of $6.27 billion. Flex had a net margin of 3.42% and a return on equity of 20.25%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 EPS. Flex has set its FY 2026 guidance at 2.860-3.060 EPS. Q2 2026 guidance at 0.700-0.780 EPS. On average, equities analysts anticipate that Flex Ltd. will post 2.33 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on FLEX shares. Wall Street Zen downgraded shares of Flex from a “strong-buy” rating to a “buy” rating in a report on Saturday. Barclays upped their target price on shares of Flex from $50.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Flex in a report on Wednesday, October 8th. Stifel Nicolaus upped their target price on shares of Flex from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of Flex from $44.00 to $60.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.71.

Read Our Latest Analysis on Flex

Insider Activity at Flex

In other news, Director Erin Mcsweeney sold 10,000 shares of Flex stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $51.47, for a total value of $514,700.00. Following the completion of the transaction, the director owned 17,012 shares in the company, valued at approximately $875,607.64. The trade was a 37.02% 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, Director William D. Watkins sold 10,000 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $51.79, for a total value of $517,900.00. Following the sale, the director owned 111,355 shares in the company, valued at $5,767,075.45. The trade was a 8.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 90,020 shares of company stock valued at $4,923,667 over the last ninety days. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of Flex

Several hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC grew its holdings in shares of Flex by 10.3% in the third quarter. Farther Finance Advisors LLC now owns 16,771 shares of the technology company’s stock valued at $972,000 after purchasing an additional 1,565 shares in the last quarter. Veracity Capital LLC grew its stake in shares of Flex by 8.2% in the 3rd quarter. Veracity Capital LLC now owns 16,683 shares of the technology company’s stock worth $967,000 after buying an additional 1,268 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Flex by 27.6% in the 3rd quarter. GAMMA Investing LLC now owns 6,225 shares of the technology company’s stock worth $361,000 after buying an additional 1,348 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of Flex by 79.8% during the 2nd quarter. Corient Private Wealth LLC now owns 26,075 shares of the technology company’s stock valued at $1,302,000 after buying an additional 11,569 shares in the last quarter. Finally, Texas Permanent School Fund Corp lifted its holdings in shares of Flex by 1.0% in the 2nd quarter. Texas Permanent School Fund Corp now owns 178,446 shares of the technology company’s stock valued at $8,908,000 after acquiring an additional 1,774 shares during the last quarter. 94.30% of the stock is owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Flex

(Get Free Report)

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.