Corient Private Wealth LLC Has $1.30 Million Stock Holdings in Flex Ltd. $FLEX

Corient Private Wealth LLC increased its holdings in shares of Flex Ltd. (NASDAQ:FLEXFree Report) by 79.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,075 shares of the technology company’s stock after acquiring an additional 11,569 shares during the period. Corient Private Wealth LLC’s holdings in Flex were worth $1,302,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FLEX. Rise Advisors LLC acquired a new stake in Flex during the first quarter valued at approximately $25,000. MTM Investment Management LLC bought a new position in shares of Flex during the 2nd quarter worth approximately $26,000. Concord Wealth Partners acquired a new stake in Flex in the 2nd quarter valued at $28,000. CNB Bank bought a new stake in Flex in the second quarter valued at $30,000. Finally, Harbour Investments Inc. raised its stake in Flex by 74.7% during the second quarter. Harbour Investments Inc. now owns 704 shares of the technology company’s stock worth $35,000 after acquiring an additional 301 shares in the last quarter. Institutional investors and hedge funds own 94.30% of the company’s stock.

Flex Stock Performance

Shares of NASDAQ:FLEX opened at $63.78 on Thursday. The firm’s 50 day simple moving average is $62.39 and its 200 day simple moving average is $56.00. Flex Ltd. has a fifty-two week low of $25.11 and a fifty-two week high of $72.22. The company has a market capitalization of $23.58 billion, a price-to-earnings ratio of 28.22, a P/E/G ratio of 1.69 and a beta of 1.26. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.33 and a quick ratio of 0.83.

Insider Activity at Flex

In other Flex news, Director Michael E. Hurlston sold 10,000 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $58.00, for a total value of $580,000.00. Following the completion of the transaction, the director directly owned 58,561 shares of the company’s stock, valued at approximately $3,396,538. The trade was a 14.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kwang Hooi Tan sold 12,500 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $64.88, for a total value of $811,000.00. Following the sale, the chief operating officer directly owned 251,136 shares in the company, valued at approximately $16,293,703.68. This represents a 4.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 107,500 shares of company stock valued at $6,593,750. 0.57% of the stock is owned by corporate insiders.

More Flex News

Here are the key news stories impacting Flex this week:

  • Positive Sentiment: Multiple research and media pieces frame FLEX as a long‑term momentum/value idea, which can attract buyer interest and support the share price as momentum investors rotate into the name. Why Flex (FLEX) is a Top Momentum Stock for the Long-Term
  • Positive Sentiment: Zacks and MSN articles also profile FLEX as an attractive long‑term value/momentum pick — reinforcing positive narrative around earnings leverage and sector positioning. Why Flex (FLEX) is a Top Value Stock for the Long-Term Why Flex (FLEX) is a top momentum stock for the long term
  • Positive Sentiment: Coverage noting FLEX is outperforming some tech/computer peers this year may help sentiment and relative‑strength momentum flows. Is Flex (FLEX) Stock Outpacing Its Computer and Technology Peers This Year?
  • Neutral Sentiment: A valuation comparison vs. Rockwell Automation (ROK) is circulating — useful for value investors but not an immediate directional catalyst. FLEX or ROK: Which Is the Better Value Stock Right Now?
  • Neutral Sentiment: Several unrelated or country‑specific items (e.g., Flex Foods share pages, fantasy sports mentions, articles about “flex loans”) appeared in feeds—these do not pertain to Flex Ltd. and are unlikely to move the stock. Flex Foods Share Price
  • Negative Sentiment: Short interest rose materially in December: reported shorted shares increased ~37.1% from Nov. 30 to 8,469,131 shares as of Dec. 15 (about 2.3% of shares, ~1.3 days to cover). That rise signals more bearish positioning and could weigh on sentiment, though the low days‑to‑cover limits immediate squeeze risk.
  • Neutral Sentiment: There is a conflicting short‑interest data entry that reports 0 shares as of Dec. 24 (likely a data/reporting error). Investors should rely on verified exchange short‑interest filings for confirmation before drawing conclusions.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FLEX. Barclays boosted their target price on shares of Flex from $60.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Argus set a $85.00 price target on shares of Flex in a report on Friday, October 31st. Jefferies Financial Group reaffirmed a “hold” rating and set a $23.00 price objective on shares of Flex in a research note on Wednesday, November 12th. The Goldman Sachs Group raised their price objective on shares of Flex from $67.00 to $74.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Finally, Bank of America boosted their target price on Flex from $58.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.88.

Read Our Latest Stock Analysis on FLEX

Flex Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Flex (NASDAQ:FLEX)

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