Chief Financial Officer of $FLEX sells 21,166 shares in insider sale

Chief Financial Officer of $FLEX, Kevin Krumm, recently made headlines by selling 21,166 shares of the company, totaling approximately $1,295,848. This transaction, disclosed in a recent SEC filing, represented about 12.8% of his holdings of this particular class of stock, leaving him with 144,043 shares.

$FLEX has been a hotspot for insider trading activity in the past six months, with a total of 23 transactions taking place. Interestingly, all these transactions have been sales, with no purchases recorded. The Chief Commercial Officer, Michael P Hartung, stands out as the most active insider, with 11 sales amounting to 92,520 shares worth $5,527,422. Similarly, William D Watkins and Kwang Hooi Tan, the Chief Operating Officer, have also offloaded shares in recent months, signaling a trend of insider selling within the company.

Institutional investors have also been actively adjusting their positions in $FLEX stock. While 315 investors added shares to their holdings, 316 chose to decrease their positions in the most recent quarter. Some major players like FMR LLC, PRIMECAP MANAGEMENT CO/CA/, and WELLINGTON MANAGEMENT GROUP LLP have significantly reduced their stakes in $FLEX, shedding millions of shares from their portfolios.

On the revenue front, $FLEX reported revenues of $6.8B in the second quarter of 2026, showcasing a 3.96% increase from the same period the previous year. These positive financial indicators have attracted the attention of Wall Street analysts, with six firms issuing buy ratings for the stock. JP Morgan, Keybanc, Barclays, Goldman Sachs, B of A Securities, and Stifel have all been bullish on $FLEX, projecting positive growth prospects for the company.

Several analysts have also provided price targets for $FLEX, with a median target of $74.0. Mark Delaney from Goldman Sachs, Omar Nokta from Jefferies, and analysts from JP Morgan, Keybanc, Barclays, B of A Securities, and Stifel have all set varying price targets for the stock, reflecting optimism about its future performance.

In the realm of congressional stock trading, members of Congress have engaged with $FLEX stock on five occasions in the past six months. While some purchases were made, four transactions involved sales. Representatives Gilbert Ray Cisneros Jr. and Lisa C. McClain have been active in trading $FLEX stock, further highlighting the stock’s appeal across different sectors.

In conclusion, the recent insider selling activity, institutional adjustments, positive revenue figures, analyst ratings, and congressional stock trading suggest that $FLEX is a stock to watch in the coming months. Investors and analysts alike are closely monitoring the company’s performance and its potential for growth.