Flex Ltd’s recent filing unveils that its Chief Accounting Officer WENDLER DANIEL unloaded Company’s shares for reported $38471.0 on Jun 13 ’25. In the deal valued at $43.52 per share,884 shares were sold. As a result of this transaction, WENDLER DANIEL now holds 48,864 shares worth roughly $2.11 million.
Then, Tan Kwang Hooi sold 6,470 shares, generating $281,376 in total proceeds. Upon selling the shares at $43.49, the Chief Operating Officer now owns 284,645 shares.
Before that, OFFER DAVID SCOTT sold 9,759 shares. Flex Ltd shares valued at $422,038 were divested by the EVP, General Counsel at a price of $43.25 per share. As a result of the transaction, OFFER DAVID SCOTT now holds 61,242 shares, worth roughly $2.64 million.
A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Craig Hallum also remained covering FLEX and has increased its forecast on July 25, 2024 with a “Buy” recommendation from previously “Hold” rating. Craig Hallum revised its rating on May 02, 2024. It rated FLEX as “a Hold” which previously was an “a Buy”.
Price Performance Review of FLEX
On Friday, Flex Ltd [NASDAQ:FLEX] saw its stock fall -1.01% to $43.13. Over the last five days, the stock has gained 0.14%. Flex Ltd shares have risen nearly 12.35% since the year began. Nevertheless, the stocks have risen 34.19% over the past one year. While a 52-week high of $45.10 was reached on 01/22/25, a 52-week low of $25.11 was recorded on 04/07/25.
Levels Of Support And Resistance For FLEX Stock
The 24-hour chart illustrates a support level at 42.69, which if violated will result in even more drops to 42.25. On the upside, there is a resistance level at 43.70. A further resistance level may holdings at 44.28.
How much short interest is there in Flex Ltd?
A steep rise in short interest was recorded in Flex Ltd stocks on 2025-05-30, dropping by -3.47 million shares to a total of 5.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 8.47 million shares. There was a decline of -69.42%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 07, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $35 price target.
