FLEX - Flex Recent Insider Activity | Benzinga
Making a noteworthy insider sell on June 7, Revathi Advaithi, Chief Executive Officer at Flex (NASDAQ:FLEX), is reported in the latest SEC filing.
What Happened: After conducting a thorough analysis, Advaithi sold 61,042 shares of Flex. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The total transaction value is $1,985,879.
As of Friday morning, Flex shares are down by 3.19%, currently priced at $31.23.
All You Need to Know About Flex
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial.
Flex: Financial Performance Dissected
Decline in Revenue: Over the 3 months period, Flex faced challenges, resulting in a decline of approximately -20.02% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving ...