Flex Ltd. Insider Daniel Wendler Buys Shares
Daniel Wendler, Flex Ltd.'s Chief Accounting Officer, acquired 9,716 shares.
Key Points
- Daniel Wendler, Chief Accounting Officer at Flex Ltd., bought 9,716 shares on June 16, 2026.
- Flex Ltd. trades at $143.54 with a market cap of $53.83 billion and a forward P/E of 21.15.
- Barclays maintained a 'buy' rating on Flex Ltd. with a $203 price target as of June 4, 2026.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 16, 2026, Daniel Wendler, the Chief Accounting Officer of Flex Ltd., purchased 9,716 shares of the company. This insider buying activity comes as the company's stock trades at $143.54 on the NasdaqGS, reflecting confidence from within the company's leadership.
Insider Buying and Selling at Flex Ltd.
Daniel Wendler wasn't the only insider active on June 16. Tan Kwang Hooi, Chief Operating Officer, bought 48,582 shares, while David Scott Offer, EVP and General Counsel, acquired 43,724 shares. Michael Hartung, Chief Commercial Officer, also purchased 43,724 shares. Revathi Advaithi, the CEO, bought 255,062 shares. Notably, David Scott Offer sold 18,750 shares at an average price of $147.91 under a planned sale.
Other Institutional Activity in Flex Ltd.
Among Flex Ltd.'s major institutional investors, BlackRock, Inc. reduced its holdings by 5,109,982 shares, ending with 45,041,901 shares valued at about $2.95 billion. Primecap Management Co/CA/ also decreased its stake by 1,318,643 shares, holding 25,383,448 shares worth approximately $1.66 billion. Janus Henderson Group PLC trimmed its position by 1,711,705 shares, resulting in 20,619,740 shares valued at $1.35 billion. Conversely, Wellington Management Group LLP increased its holdings by 2,601,854 shares, bringing its total to 20,238,286 shares worth around $1.32 billion.
Flex Ltd. Stock Up 31.1%
Flex Ltd., trading under the ticker FLEX on the NasdaqGS, has a market cap of $53.83 billion. The company's forward P/E ratio is 21.15, and it has a beta of 1.638, indicating higher volatility compared to the broader market. The stock's 52-week range spans from $45.31 to $166.86, with a 50-day moving average of $118.72 and a 200-day moving average of $76.23.
$FLEX stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts continue to show interest in Flex Ltd. On June 4, 2026, Barclays maintained a 'buy' rating with a price target of $203. Earlier, on May 28, 2026, Freedom Capital Markets initiated coverage with a 'hold' rating and a $144 target. Goldman Sachs, on May 8, 2026, reiterated its 'buy' rating with a $177 target. 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 global technology company that offers innovation, supply chain, and manufacturing solutions. It serves diverse industries including data center, communications, enterprise, consumer, automotive, and healthcare. Headquartered in Austin, Texas, Flex operates through segments like Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure. The company, led by CEO Revathi Advaithi, employs about 149,686 people worldwide.
Bottom Line
Insider buying activity at Flex Ltd., particularly from key executives like Daniel Wendler, signals internal confidence. The company's stock, trading at $143.54, is supported by strong institutional interest and positive analyst ratings. Investors often track such insider moves and analyst opinions for insights, though it's important to remember that these reports reflect past actions and not necessarily current positions.
Get Flex Ltd. alerts
New 13F filings, insider trades, and analyst moves on $FLEX, sent to your inbox. Free, and you can unsubscribe anytime.
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.