Flex Ltd. CEO Revathi Advaithi Sells Shares Worth $5.69 Million
Revathi Advaithi, CEO of Flex Ltd., sold 39,188 shares in a planned transaction.
Key Points
- Flex Ltd. CEO Revathi Advaithi sold 39,188 shares in a planned transaction on June 18, 2026, valued at approximately $5.69 million.
- Shares of NasdaqGS:FLEX traded near $150.6 on Tuesday with a market cap of $57.1 billion and a P/E ratio of 66.87.
- Analysts maintain a strong buy consensus with a mean price target of $160.4, while major funds like BlackRock and Janus Henderson reduced their holdings.
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Revathi Advaithi, the CEO of Flex Ltd., sold 39,188 shares of the company on June 18, 2026. The shares were sold at an average price of $145.18, totaling about $5.69 million. This transaction was part of a pre-planned trading program under Rule 10b5-1.
Insider Buying and Selling at Flex Ltd.
On June 18, 2026, several insiders at Flex Ltd., including Chief Executive Officer Revathi Advaithi, executed share sales. Advaithi sold 39,188 shares in a planned transaction. Other executives, such as EVP David Scott Offer and COO Kwang Hooi Tan, also sold shares, with Offer selling 6,657 shares at $145.23 and Tan selling 8,981 shares at $145.18, not under planned sales.
Other Institutional Activity in Flex Ltd.
In recent institutional activity, BlackRock, Inc. reduced its holdings in Flex Ltd. by 5.1 million shares, bringing its total to about 45.0 million shares worth $2.95 billion. Primecap Management Co. trimmed its stake by 1.3 million shares, leaving it with 25.4 million shares valued at $1.66 billion. Janus Henderson Group also cut its holdings by 1.7 million shares, ending with 20.6 million shares valued at $1.35 billion. Meanwhile, Wellington Management Group LLP increased its position by 2.6 million shares, totaling 20.2 million shares worth approximately $1.32 billion. Vanguard Portfolio Management LLC opened a new position with 19.3 million shares, valued at $1.27 billion.
Flex Ltd. Stock Up 34.9%
Shares of NasdaqGS:FLEX traded near $150.6 on Tuesday. Flex Ltd. boasts a market cap of about $57.1 billion and a P/E ratio of 66.87, with a forward P/E of 22.43. The stock's 52-week range spans from $45.31 to $166.86. It has a 50-day moving average of $121.71 and a 200-day moving average of $77.14. The company maintains a current ratio of 1.36 and a quick ratio of 0.68, with a debt-to-equity ratio of 86.8.
$FLEX stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Several analysts have weighed in on Flex Ltd. recently. On June 4, 2026, Barclays maintained its buy rating with a price target of $203.0. Goldman Sachs also maintained a buy rating, setting a target of $177.0 on May 8, 2026. The consensus among analysts is a strong buy, with a mean price target of $160.4 based on 10 opinions.
About Flex Ltd.
Flex Ltd. is a technology company providing innovative solutions in technology, supply chain, and manufacturing. It serves various sectors including data centers, automotive, healthcare, and industrial markets. Headquartered in Austin, Texas, and led by CEO Revathi Advaithi, the company operates globally with approximately 150,000 employees.
Bottom Line
Revathi Advaithi's recent sale of shares in Flex Ltd. is a planned transaction and part of a broader insider activity. Investors often track such insider moves and institutional holdings for insights into the company's prospects. With a strong buy consensus from analysts and significant institutional activity, Flex Ltd. remains a focal point for investor attention.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.