FLEX LNG's CEO Foss Halfdan Marius Purchases Over 111,000 Shares
FLEX LNG Ltd.'s CEO bought 111,893 shares on June 25, 2026, reflecting continued insider confidence.
Key Points
- Foss Halfdan Marius, CEO of FLEX LNG Ltd., bought 111,893 shares on June 25, 2026.
- FLEX LNG Ltd. has a market cap of $1.59 billion and a P/E ratio of 21.2.
- BlackRock and other funds increased their stakes in FLEX LNG Ltd., showing institutional interest.
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Foss Halfdan Marius, the CEO of FLEX LNG Ltd. (NYSE:FLNG), made a significant insider purchase on June 25, 2026. He acquired 111,893 shares of the company. This transaction was not part of a pre-planned trading program, suggesting a personal decision to increase his stake in the company.
Insider Buying and Selling at FLEX LNG Ltd.
On June 25, 2026, Foss Halfdan Marius, FLEX LNG Ltd.'s CEO, purchased 111,893 shares. This transaction was not conducted under a Rule 10b5-1 plan, indicating it may reflect his confidence in the company's prospects. Previously, on April 17, 2025, Susan Sakmar sold 10,338 shares at an average price of $23.39, with some sales being planned in advance.
Other Institutional Activity in FLEX LNG Ltd.
Several major institutional investors have also increased their holdings in FLEX LNG Ltd. BlackRock, Inc. added 207,928 shares, bringing its total to 1,892,666 shares, valued at approximately $56.2 million. Mirae Asset Global ETFs Holdings Ltd. grew its position by 161,360 shares to 1,342,735 shares, worth about $39.9 million. Renaissance Technologies LLC made a significant increase of 349,191 shares, now holding a total of 1,170,795 shares valued at roughly $34.8 million. Morgan Stanley and Two Sigma Investments, LP, also bolstered their stakes, adding 203,697 and 257,089 shares, respectively.
FLEX LNG Ltd. Stock Down 6.4%
Shares of NYSE:FLNG traded near $29.96 on Saturday. FLEX LNG Ltd. has a market capitalization of approximately $1.59 billion and a P/E ratio of 21.2. The stock's 52-week range is between $21.72 and $33.40, with a 50-day moving average of $31.19 and a 200-day moving average of $27.78. The company maintains a current ratio of 2.72 and a quick ratio of 2.26, with a debt-to-equity ratio of 260.81.
$FLNG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, FLEX LNG Ltd. posted revenue of $339.7 million, though it experienced a 9% decline in revenue growth. The company achieved a net margin of 22.3% and a return on equity of 10.2%. Earnings per share were reported at $1.39. The next earnings announcement is anticipated on August 28, 2026.
Dividend
FLEX LNG Ltd. offers an annual dividend rate of $3.00, yielding 10.18%. The company's dividend payout ratio stands at 215.8%, indicating a strong return to shareholders.
Analysts Set New Price Targets
Jefferies maintained a hold rating on FLEX LNG Ltd. with a price target of $23.00 on August 20, 2025. The consensus among analysts is an "underperform" rating, with a mean target price of $25.92 based on five analyst opinions.
About FLEX LNG Ltd.
FLEX LNG Ltd. is a Bermuda-based company specializing in the global transportation of liquefied natural gas (LNG). The company operates a fleet of 13 LNG carriers, providing seaborne transportation services. Founded in 2006, FLEX LNG Ltd. is headquartered in Hamilton, Bermuda, and led by CEO Mr. Knut Traaholt.
Bottom Line
Foss Halfdan Marius's recent stock purchase underscores his confidence in FLEX LNG Ltd.'s future. Institutional investors are also increasing their stakes, highlighting broader interest. While the stock's performance and analyst ratings suggest mixed views, the company's strategic position in LNG transportation remains a focal point for investors. Remember, insider transactions are disclosed after the fact and may not reflect current holdings.
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