Insider Selling: First Solar (NASDAQ:FSLR) General Counsel Sells $641,278.89 in Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 3,273 shares of First Solar stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $641,278.89. Following the completion of the sale, the general counsel directly owned 16,625 shares in the company, valued at $3,257,336.25. This represents a 16.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

First Solar Stock Performance

Shares of FSLR stock opened at $191.80 on Friday. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. The stock has a 50 day simple moving average of $235.70 and a 200-day simple moving average of $236.24. The company has a market cap of $20.58 billion, a price-to-earnings ratio of 13.50, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65. First Solar, Inc. has a 12-month low of $116.56 and a 12-month high of $285.99.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the company earned $3.65 EPS. On average, equities analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Key First Solar News

Here are the key news stories impacting First Solar this week:

• Positive Sentiment: First Solar expanded U.S. manufacturing with a new Louisiana factory and plans for a South Carolina facility, which supports long‑term revenue and “on‑shoring” narratives that investors prize. First Solar expands US manufacturing
• Positive Sentiment: Certain analysts remain constructive: Argus and a subset of sell‑side coverage continue to carry buy/positive stances (albeit with trimmed targets), which can limit downside if fundamentals stabilize. Argus adjusts price target
• Neutral Sentiment: Morgan Stanley and Barclays cut price targets (to $230 and $228) but largely kept constructive ratings, signaling expectations for longer‑term upside while acknowledging near‑term margin/pricing pressure. Morgan Stanley cuts price target Barclays lowers price target
• Neutral Sentiment: Options and flow data show elevated activity but are mixed in signal — useful for short‑term traders but not definitive for fundamentals. Options trends
• Negative Sentiment: Q4 results missed EPS estimates and management issued weak 2026 sales guidance — this is the proximate driver of recent selling pressure and analyst target cuts. Earnings and guidance coverage
• Negative Sentiment: Concentrated insider selling: CEO, CFO, CTO and multiple senior executives sold sizable blocks on March 3–4 (~$196 price area). Heavy insider disposals are being read as a negative sentiment signal and add selling pressure. Widmar Form 4
• Negative Sentiment: Pomerantz LLP opened an investor investigation into First Solar, adding legal and reputational risk that can further weigh on sentiment while inquiries proceed. Pomerantz investor alert
• Negative Sentiment: Several shops (Freedom Capital, GLJ Research and others) downgraded or trimmed targets after the quarter and guidance, amplifying near‑term negative momentum. Freedom Capital downgrade

Analysts Set New Price Targets

Several brokerages recently commented on FSLR. Mizuho reduced their price objective on shares of First Solar from $326.00 to $271.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. BMO Capital Markets set a $263.00 target price on shares of First Solar in a report on Thursday, January 29th. JPMorgan Chase & Co. reduced their price target on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Glj Research lowered First Solar from a “buy” rating to a “hold” rating and decreased their price target for the stock from $314.43 to $207.82 in a research note on Wednesday. Finally, Evercore dropped their price objective on First Solar from $241.00 to $212.00 in a research note on Thursday. Twenty investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $249.65.

Institutional Trading of First Solar

Several large investors have recently modified their holdings of FSLR. Norges Bank purchased a new stake in First Solar in the 4th quarter valued at approximately $392,040,000. Viking Global Investors LP increased its position in First Solar by 60.6% during the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after buying an additional 854,919 shares in the last quarter. Polar Capital Holdings Plc acquired a new position in shares of First Solar in the fourth quarter worth $200,109,000. Lightrock Netherlands B.V. raised its holdings in shares of First Solar by 2,663.8% in the fourth quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after acquiring an additional 642,199 shares during the last quarter. Finally, Amundi lifted its position in shares of First Solar by 38.6% in the third quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after acquiring an additional 564,032 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

About First Solar

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.