Knut Traaholt Buys Shares of FLEX LNG Ltd. (FLNG)

Knut Traaholt, the Chief Financial Officer of FLEX LNG Ltd., recently purchased 83,919 shares of the company. This transaction took place on June 25, 2026, with the stock trading around $29.48 on the NYSE. The purchase suggests a vote of confidence from the company's financial leader.

Insider Buying and Selling at FLEX LNG Ltd.

On June 25, 2026, Knut Traaholt, the CFO of FLEX LNG Ltd., acquired 83,919 shares, reflecting a personal investment in the company's future. Additionally, Halfdan Marius Foss, the CEO, bought 111,893 shares on the same day. These transactions were not part of pre-planned trading schemes, indicating a proactive decision by the executives.

Other Institutional Activity in FLEX LNG Ltd.

Several institutional investors have also adjusted their positions in FLEX LNG Ltd. BlackRock, Inc. increased its holdings by 207,928 shares, bringing its total to 1,892,666 shares valued at about $56.2 million, a 12.3% increase. Mirae Asset Global ETFs Holdings Ltd. added 161,360 shares, raising its stake to 1,342,735 shares worth approximately $39.9 million, marking a 13.7% increase. Renaissance Technologies LLC boosted its position by 349,191 shares to 1,170,795 shares, valued at $34.8 million, a significant 42.5% increase. Morgan Stanley increased its holdings by 203,697 shares, ending with 778,817 shares valued at $23.1 million, a 35.4% increase. Two Sigma Investments, LP and UBS Group AG also increased their stakes significantly, with UBS Group AG's position growing by 82.3%.

FLEX LNG Ltd. Stock Down 6.4%

Shares of NYSE:FLNG traded near $29.48 on Saturday. FLEX LNG Ltd. has a market capitalization of approximately $1.59 billion. The company boasts a P/E ratio of 21.2 and a beta of 0.168, indicating relatively low volatility. Over the past year, the stock has ranged from a low of $21.72 to a high of $33.40. The 50-day moving average stands at $31.19, while the 200-day moving average is $27.78. The company maintains a solid current ratio of 2.72 and a quick ratio of 2.26, though it has a high debt-to-equity ratio of 260.81.

Recent Earnings

FLEX LNG Ltd. reported revenue of $339.7 million, though revenue growth was down by 9%. The company's net margin is 22.3%, with a return on equity of 10.2%. Earnings per share are reported at $1.39. The next earnings announcement is expected on August 28, 2026.

Dividend

FLEX LNG Ltd. pays an annual dividend rate of $3.00, translating to a yield of 10.18%. The dividend payout ratio is 215.83%, suggesting a high commitment to returning value to shareholders.

Analysts Set New Price Targets

Analysts have set a mean price target of $25.92 for FLEX LNG Ltd., with the consensus rating being "underperform" based on five analyst opinions. Jefferies maintained a "hold" rating with a $23.00 price target on August 20, 2025.

About FLEX LNG Ltd.

FLEX LNG Ltd., based in Hamilton, Bermuda, is involved in the global transportation of liquefied natural gas (LNG). The company operates a fleet of 13 LNG carriers as of the end of 2025. Established in 2006, FLEX LNG Ltd. operates in the oil and gas midstream sector, focusing on seaborne transportation services.

Bottom Line

The recent insider buying by Knut Traaholt highlights a positive outlook from the company's leadership. Investors keep a close watch on such transactions as they can indicate management's confidence in the company's prospects. Institutional investors have also shown interest, with several increasing their stakes. However, it's important to remember that these transactions reflect past decisions and may not represent current positions.