Revathi Advaithi, Chief Executive Officer of FLEX LTD. (FLEX), sold 37,381 shares of the company's stock on May 12, 2026, for an aggregate value of approximately $5.36 million. The shares were sold at an average price of $143.27 per share.
This transaction represents a notable sale by a top executive. Insider sales can be influenced by a variety of personal financial decisions, such as portfolio diversification or tax planning, and do not inherently signal a negative view of the company's prospects.
Advaithi's sale occurred on the same day that other FLEX LTD. insiders, including Erin McSweeney and Tan Kwang Hooi, also reported stock sales. These transactions, totaling hundreds of thousands of dollars, add to the recent insider selling activity within the company.