Citigroup Inc. Grows Stock Holdings in Flex Ltd. $FLEX

NodeGuardian · 2026-02-28T21:32:18+00:00

Citigroup raised its stake in Flex Ltd. by 371.3%, owning 615,355 shares worth $35.7 million, following strong earnings and positive FY2026 guidance, despite analysts rating Flex as a "Moderate Buy" and insider selling.

NodeGuardian

2026-02-28 21:32:18

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Citigroup Inc. significantly increased its stake in Flex Ltd. by 371.3% in the third quarter, now owning 615,355 shares valued at approximately $35.7 million. This move comes as Flex exceeded quarterly earnings and revenue expectations and provided optimistic FY2026 guidance. While analysts generally rate Flex as a “Moderate Buy,” company insiders have been net sellers.

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