FLEX CEO Revathi Advaithi Buys 255,062 Shares
Revathi Advaithi, CEO of Flex Ltd., purchased 255,062 shares on June 16, 2026, valued at approximately $36.9 million.
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Revathi Advaithi, Chief Executive Officer at Flex Ltd. ($FLEX), bought 255,062 shares on June 16, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $FLEX is up 3.4% after 1 week, down 17.6% after 1 month and down 38.4% to date (from the $146.93 close on Jun 16, 2026).
Key Points
- On June 16, 2026, Revathi Advaithi bought 255,062 shares of Flex Ltd. (FLEX) at a current price of $144.91, totaling around $36.9 million.
- Flex Ltd. recently reported a P/E ratio of 42.1 and a revenue of $29.3 billion for the last fiscal year, indicating strong performance in the technology sector.
- Analysts have set a mean price target of $160.5 for Flex Ltd., suggesting an optimistic outlook for the company's shares.
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Revathi Advaithi's Major Purchase
Revathi Advaithi, the Chief Executive Officer of Flex Ltd. (FLEX), bought 255,062 shares on June 16, 2026. This transaction is valued at about $36.9 million based on the current share price of $144.91. This purchase highlights a significant commitment to the company amid recent insider trading activities.
Insider Buying and Selling at Flex Ltd.
Advaithi's purchase is noteworthy, especially considering other recent insider trades. On June 18, 2026, Tan Kwang Hooi, the Chief Operating Officer, sold 8,981 shares valued at approximately $1.3 million. Additionally, on the same day, Revathi Advaithi sold 39,188 shares worth about $5.7 million in a planned transaction. Offer David Scott, EVP and General Counsel, also sold 18,750 shares on June 16, 2026. Meanwhile, Michael Hartung, the Chief Commercial Officer, acquired 43,724 shares on June 16, 2026, further indicating active trading among executives.
How Flex Ltd. Stock Has Traded
Flex Ltd. shares are currently trading at $144.91, which is significantly higher than its 52-week low of $53.07. The stock has seen strong performance recently, with a P/E ratio of 42.1. This suggests that investors are optimistic about the company's future earnings potential. The recent activity, including Advaithi's large purchase, may reflect confidence in the company's ongoing growth.
Analysts Set New Price Targets
Analysts maintain a generally positive outlook for Flex Ltd. On September 28, 2026, Freedom Capital Markets reaffirmed its "Buy" rating with a price target of $150. Goldman Sachs also maintains a "Buy" rating but adjusted its target down to $154 from $177 on July 30, 2026. The consensus target price among analysts is $160.5, reflecting a favorable view of the company's prospects.
What Flex Ltd. Does
Flex Ltd. provides technology innovation and manufacturing solutions across various industries, including healthcare, automotive, and consumer electronics. With a market cap of approximately $36.4 billion, the company operates globally, delivering flexible supply chain solutions. Advaithi's recent share purchase signals her confidence in the company's direction and growth potential.
What to Watch at Flex Ltd.
Looking ahead, investors should keep an eye on Flex Ltd.'s next earnings report scheduled for October 28, 2026. The recent insider trading activity, particularly Advaithi's significant purchase, may offer insights into the company's future performance. As always, insider transactions can be telling but are not definitive indicators of future stock performance.
Source: Revathi Advaithi's Form 4 filing on $FLEX (Jun 16, 2026). Find the original filing: FLEX Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
