Rep. Gilbert Cisneros Sells Shares of Flex Ltd. (FLEX)
House member Gilbert Cisneros disclosed selling Flex Ltd. shares worth between $50,001 and $100,000.
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Flex Ltd. ($FLEX) | Sell | May 11, 2026 | $50,001 - $100,000 |
Key Points
- Gilbert Cisneros, a House member, sold Flex Ltd. shares valued between $50,001 and $100,000 on May 11, 2026.
- Flex Ltd. trades on NasdaqGS with a market cap of $54.85 billion and a P/E ratio of 64.25.
- Recent insider buying at Flex includes multiple executives acquiring shares on June 11, 2026.
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On May 11, 2026, Gilbert Cisneros, a member of the U.S. House of Representatives, sold shares of Flex Ltd. (NasdaqGS: FLEX). The transaction was valued between $50,001 and $100,000, according to a recent disclosure. These filings are part of the STOCK Act, which requires politicians to report stock trades.
Gilbert Cisneros vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Flex Ltd. Stock Up 32.1%
Shares of Flex Ltd. are currently trading around $150.42. The company has a market capitalization of approximately $54.85 billion. Its P/E ratio stands at 64.25, with a forward P/E of 21.55, reflecting investor expectations of future earnings. The stock's beta is 1.638, indicating it is more volatile than the market. Over the past year, Flex's stock has ranged from a low of $42.83 to a high of $166.86. The 50-day and 200-day moving averages are $113.90 and $74.81, respectively.
$FLEX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Flex Ltd. reported revenue of about $27.91 billion, growing at a rate of 16.9%. The company achieved a net margin of 3.15% and a return on equity of 17.35%. Earnings per share (EPS) were noted as $2.33. The next earnings announcement is expected on May 6, 2026.
Insider Buying and Selling at Flex Ltd.
Recent insider activity at Flex Ltd. includes several executives purchasing shares on June 11, 2026. Kevin Krumm, the CFO, bought 10,855 shares, while David Scott Offer, the EVP and General Counsel, acquired 7,164 shares. Additionally, Chief Commercial Officer Michael Hartung and Chief Operating Officer Kwang Hooi Tan each bought 7,599 shares. These transactions were not part of planned trading programs.
Analysts Set New Price Targets
Barclays maintained its buy rating on June 4, 2026, with a price target of $203. Freedom Capital Markets initiated coverage with a hold rating and a target of $144 on May 28, 2026. Goldman Sachs and Keybanc both maintained buy ratings with targets of $177 and $180, respectively, in early May. Analysts have a strong buy consensus on Flex Ltd., with a mean target price of $160.4 based on ten opinions.
About Flex Ltd.
Flex Ltd. is a technology company based in Austin, Texas. It provides innovative technology solutions, supply chain management, and manufacturing services across various sectors, including data centers, automotive, and healthcare. The company operates through segments like Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure. Led by CEO Revathi Advaithi, Flex employs nearly 150,000 people worldwide.
Bottom Line
Gilbert Cisneros's sale of Flex Ltd. shares adds to the ongoing interest in the company's stock among institutional and insider investors. Flex Ltd. continues to be a significant player in the technology sector, with solid revenue growth and a diverse operational footprint. The disclosed transaction is part of the STOCK Act's requirements for transparency in congressional stock trades and may not reflect current holdings.
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