FLEX Evp, General Counsel Offer David Scott Sells $2.8M of Stock

Executive Sells Shares in Mid-June Transaction

Flex Ltd. (NasdaqGS: FLEX) EVP and General Counsel David Scott sold 18,750 shares of company stock on June 16, 2026. The transaction was carried out at an average price of $147.91 per share, bringing the total value of the sale to approximately $2.77 million. The move was executed under a pre-arranged trading plan, allowing executives to buy and sell shares according to a set schedule without violating insider trading rules.

Busy Period for Company Insiders

This sale forms part of a wider wave of executive transactions at the Austin-based manufacturing firm during mid-June. Chief Executive Officer Revathi Advaithi also executed transactions around the same time, including a planned sale of 39,188 shares valued at $5.69 million on June 18, 2026, following an acquisition earlier in the week. Chief Operating Officer Tan Kwang Hooi parted with 8,981 shares valued at about $1.3 million on June 18, 2026. Other leaders, such as Chief Commercial Officer Michael Hartung and Chief Accounting Officer Daniel Wendler, also reported stock activity during this busy window.

Stock Price and Valuation Context

Shares of Flex trade near the upper end of their 52-week range, reflecting strong performance over the past year. The company provides technology innovation, supply chain, and manufacturing solutions across various industries, including data centers, automotive, and healthcare. Its operations are divided into Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure segments. The company features a forward P/E ratio of 13.96 based on projected earnings, while carrying a trailing P/E ratio of 42.09.

Wall Street Analyst Coverage

Major financial institutions continue tracking the electronics component maker through the late summer and early autumn. On September 28, 2026, Freedom Capital Markets maintained a buy rating on the stock with a price target of $150.00, matching an earlier update from September 8, 2026. Earlier in the summer, Goldman Sachs maintained a buy rating while adjusting its target to $154.00 on July 30, 2026, and Barclays kept an overweight rating with a $144.00 target on the same day. Overall, analyst consensus opinion draws on ten separate analyst views.

Looking Ahead for Shareholders

Investors will look ahead to the company's next earnings report on October 28, 2026, for further details on revenue growth and profit margins. Insider transactions offer a window into executive portfolio management, though they do not necessarily indicate short-term stock movements. Market participants continue to watch how management positions the company amid broader manufacturing trends.