8,000 Flex Ltd. $FLEX Shares Bought by Viking Fund Management LLC

Viking Fund Management LLC lifted its stake in shares of Flex Ltd. (NASDAQ:FLEX) by 53.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 23,000 shares of the technology company’s stock after acquiring an additional 8,000 shares during the period. Viking Fund Management LLC’s holdings in Flex were worth $2,530,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FLEX. Burkett Financial Services LLC purchased a new stake in Flex in the third quarter valued at approximately $25,000. Rosenberg Matthew Hamilton acquired a new position in Flex during the third quarter worth approximately $29,000. Western Wealth Management LLC acquired a new position in Flex during the first quarter worth approximately $65,000. Root Financial Partners LLC raised its stake in Flex by 31.9% during the first quarter. Root Financial Partners LLC now owns 1,174 shares of the technology company’s stock worth $77,000 after purchasing an additional 284 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its stake in Flex by 14.5% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 783 shares of the technology company’s stock worth $86,000 after purchasing an additional 99 shares during the period. 94.30% of the stock is owned by institutional investors and hedge funds.

Flex Stock Down 9.5%

NASDAQ FLEX opened at $100.35 on Thursday. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.95. Flex Ltd. has a fifty-two week low of $53.07 and a fifty-two week high of $166.86. The business has a 50 day moving average price of $113.85 and a two-hundred day moving average price of $118.66. The stock has a market cap of $37.07 billion, a PE ratio of 38.75, a P/E/G ratio of 0.56 and a beta of 1.67.

Flex (NASDAQ:FLEX) last posted its quarterly earnings data on Friday, June 26th. The technology company reported $1.00 earnings per share (EPS) for the quarter. The company had revenue of $7.93 billion for the quarter. Flex had a net margin of 3.32% and a return on equity of 23.15%. As a group, sell-side analysts predict that Flex Ltd. will post 4.27 EPS for the current fiscal year.

More Flex News

Here are the key news stories impacting Flex this week:

• Positive Sentiment: Flex completed its acquisition of EPC Power, adding grid-forming and power-conversion technology for AI data centers, 800V power architectures and electric-grid applications. The deal strengthens Flex’s Cloud and Power Infrastructure portfolio and could position the company to benefit from rising demand for higher-density AI facilities. Flex Completes Acquisition of EPC Power
• Positive Sentiment: Flex’s planned 2027 spin-off of Axiom could unlock value by separating higher-growth, higher-margin AI infrastructure operations from its legacy manufacturing business. The company has also introduced modular Axiom AI data-center racks aimed at growing power and cooling demand. Flex’s AI Infrastructure Spin-Off Could Unlock Hidden Value
• Neutral Sentiment: Flex’s AI strategy continues to attract institutional interest, but recent 13F filings show mixed positioning, with some large investors adding shares while others—including Boston Partners, BlackRock and UBS—reduced holdings. This suggests investor conviction remains divided.
• Negative Sentiment: Investors are increasingly focused on risks tied to the Axiom transaction. Flex invested $2 billion in convertible preferred securities for Axiom and guaranteed potential redemption obligations if the separation is delayed or fails. The spin-off also remains subject to shareholder and board approval, tax considerations and regulatory filings, creating financing and execution uncertainty. Flex Slides as Investors Weigh Axiom Spin-Off Financing Risks
• Negative Sentiment: Reported insider activity has been heavily weighted toward selling, with no purchases cited over the past six months. Although sales may reflect compensation or diversification, the pattern can reinforce bearish sentiment during a volatile period.

Analyst Upgrades and Downgrades

FLEX has been the topic of a number of research analyst reports. Freedom Capital upgraded shares of Flex from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. The Goldman Sachs Group dropped their price objective on Flex from $177.00 to $154.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Zacks Research downgraded Flex from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Weiss Ratings lowered Flex from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, September 17th. Finally, Barclays cut their target price on Flex from $203.00 to $144.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $119.67.

Insider Buying and Selling at Flex

In related news, insider Michael P. Hartung sold 2,755 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $120.64, for a total transaction of $332,363.20. Following the completion of the sale, the insider directly owned 243,175 shares of the company’s stock, valued at approximately $29,336,632. This trade represents a 1.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.62% of the company’s stock.

Flex Profile

Flex Ltd. (NASDAQ:FLEX) is a global manufacturing and supply-chain solutions provider that helps companies design, build and deliver products. The company works with original equipment manufacturers and other brands across the product life cycle, from product design and engineering through manufacturing, logistics and aftermarket services.

Its capabilities include electronics manufacturing, printed circuit board assembly, systems integration, mechanical manufacturing, testing, product development and supply-chain management.