First Solar (NASDAQ:FSLR) CAO Sells $63,406.80 in Stock

First Solar, Inc. (NASDAQ:FSLR) CAO Nathan Theurer sold 324 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $195.70, for a total value of $63,406.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

First Solar Price Performance

FSLR traded up $2.45 during trading on Wednesday, hitting $200.25. The company’s stock had a trading volume of 1,419,294 shares, compared to its average volume of 2,617,317. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $21.49 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 0.31 and a beta of 1.65. The firm’s 50 day moving average price is $231.30 and its two-hundred day moving average price is $236.41. 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 earnings results 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 during the quarter, compared to analyst estimates of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $3.65 earnings per share. Sell-side analysts forecast that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Barclays reiterated an Overweight rating (keeps conviction in demand and growth outlook) even after trimming its price target to $228 from $279 — this provides analyst support that can underpin the stock. Barclays coverage
• Positive Sentiment: Macro/sector pieces reiterate First Solar’s structural advantages (U.S. domestic CdTe manufacturing, large utility‑scale backlog), reinforcing a multi‑year growth case that many investors still price in. MarketBeat megatrends article
• Neutral Sentiment: Market commentary notes FSLR has underperformed some energy peers year‑to‑date — a contextual point that can weigh on sentiment but is not company‑specific. 24/7 Wall St.
• Negative Sentiment: Widespread insider selling on March 9: CEO Mark Widmar sold 5,537 shares (~$1.05M at ~$190.36) and multiple senior executives (CFO, CTO, GC, CAO, EVP and others) also reduced holdings. The breadth and seniority of the sales can be perceived negatively by the market even if some sales are for diversification or liquidity. See SEC filing for CEO sale. SEC Form 4 (CEO Widmar)
• Negative Sentiment: Pomerantz LLP issued an investor alert saying it is investigating claims on behalf of First Solar investors — potential litigation or regulatory scrutiny increases uncertainty and is typically a near‑term headwind. GlobeNewswire / Pomerantz alert

Hedge Funds Weigh In On First Solar

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Woodline Partners LP grew its stake in First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after acquiring an additional 2,615 shares during the period. Envestnet Asset Management Inc. raised its position in shares of First Solar by 10.4% during the second quarter. Envestnet Asset Management Inc. now owns 34,473 shares of the solar cell manufacturer’s stock worth $5,707,000 after purchasing an additional 3,238 shares during the period. Assetmark Inc. raised its position in shares of First Solar by 400.0% during the second quarter. Assetmark Inc. now owns 390 shares of the solar cell manufacturer’s stock worth $65,000 after purchasing an additional 312 shares during the period. Atria Investments Inc bought a new position in shares of First Solar during the 2nd quarter valued at about $255,000. Finally, Penserra Capital Management LLC lifted its holdings in shares of First Solar by 13.4% during the 2nd quarter. Penserra Capital Management LLC now owns 560 shares of the solar cell manufacturer’s stock valued at $92,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 92.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on FSLR. Susquehanna decreased their price target on shares of First Solar from $292.00 to $280.00 and set a “positive” rating on the stock in a research note on Wednesday, February 25th. Evercore dropped their price objective on shares of First Solar from $241.00 to $212.00 in a research report on Thursday, March 5th. Royal Bank Of Canada reduced their price objective on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Glj Research lowered First Solar from a “buy” rating to a “hold” rating and decreased their price objective for the company from $314.43 to $207.82 in a research report on Wednesday, March 4th. Finally, The Goldman Sachs Group lowered their target price on First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $249.65.

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.