Revathi Advaithi, Chief Executive Officer of Flex Ltd. (NASDAQ:FLEX), recently executed a series of stock sales, according to a filing with the Securities and Exchange Commission. The transactions, conducted on May 7 and May 8, 2025, involved the sale of a total of 132,000 ordinary shares. The sales come as Flex, currently valued at $14.8 billion, trades near InvestingPro’s Fair Value estimate, following a strong 34% return over the past year.
On May 7, Advaithi sold 120,280 shares at a weighted average price of $38.0884 per share, with individual transaction prices ranging from $38 to $38.445. The following day, she sold 9,837 shares at a weighted average price of $38.5988, with prices ranging from $38.04 to $39.03. Additionally, on May 8, she sold 1,883 shares at a weighted average price of $39.1905, with prices ranging from $39.04 to $39.36. These transaction prices fall within analysts’ target range of $43-50 per share, according to InvestingPro data.
The total value of these transactions amounted to approximately $5.03 million. Following these sales, Advaithi retains ownership of 1,100,473 shares, including unvested restricted share units (RSUs) that are set to vest over the coming years. InvestingPro analysis indicates Flex maintains a "GOOD" financial health score, with management actively pursuing share buybacks to enhance shareholder value.
In other recent news, Flex Ltd reported its fourth-quarter earnings for 2025, surpassing Wall Street expectations with an earnings per share (EPS) of $0.73 compared to the forecasted $0.70. The company also exceeded revenue projections, reporting $6.4 billion against the anticipated $6.24 billion. Despite these positive results, Flex’s stock experienced a decline in pre-market trading, reflecting broader market sentiment. The company demonstrated strong annual performance, achieving record gross and operating margins, and a significant increase in data center revenue by approximately 50% year-over-year. Flex has set a revenue target of $25 to $26.8 billion for FY 2026, with an adjusted EPS guidance of $2.81 to $3.01. Analysts from firms like JPMorgan and Barclays have noted the company’s strategic focus on high-growth areas such as data centers and cloud services. The company also highlighted its competitive edge in the IT and cloud integration space, emphasizing its unique ability to combine compute and power solutions.
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