Revathi Advaithi, Chief Executive Officer of FLEX LTD. (FLEX), sold 54,701 shares of the company's stock on May 26, 2026. The transactions were executed at an average price of $133.30 per share, resulting in a total value of approximately $7.29 million.
This sale by a top executive comes amidst other recent insider selling activity within the company. On the same day, Tan Kwang Hooi also sold 17,500 shares valued at $2,378,775. In the preceding days, Ms. Advaithi engaged in multiple smaller sales of FLEX LTD. shares.
Insider selling transactions can occur for a variety of reasons, including personal financial planning, diversification, or to meet tax obligations. Such sales do not necessarily indicate a negative sentiment towards the company's future performance.