Kuntal Kumar Verma Sells 180 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) insider Kuntal Kumar Verma sold 180 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $199.53, for a total value of $35,915.40. Following the transaction, the insider owned 9,436 shares in the company, valued at $1,882,765.08. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Kuntal Kumar Verma also recently made the following trade(s):

• On Monday, March 16th, Kuntal Kumar Verma sold 392 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total value of $78,713.60.
• On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The stock was sold at an average price of $195.70, for a total value of $79,845.60.
• On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total value of $263,838.96.
• On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The shares were sold at an average price of $196.95, for a total value of $143,379.60.
• On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The stock was sold at an average price of $195.93, for a total transaction of $671,256.18.

First Solar Price Performance

Shares of NASDAQ:FSLR traded up $0.94 on Tuesday, reaching $200.42. 1,358,366 shares of the company were exchanged, compared to its average volume of 2,623,352. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 1-year low of $116.56 and a 1-year high of $285.99. The firm has a market cap of $21.51 billion, a price-to-earnings ratio of 14.10, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65. The company has a 50-day moving average of $224.42 and a 200-day moving average of $236.51.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38). The company 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 firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the business earned $3.65 EPS. Equities analysts forecast that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On First Solar

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Linden Thomas Advisory Services LLC increased its position in First Solar by 1.7% during the third quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after buying an additional 39 shares in the last quarter. Apollon Wealth Management LLC increased its position in First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after purchasing an additional 44 shares in the last quarter. Root Financial Partners LLC raised its stake in First Solar by 18.2% in the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after purchasing an additional 45 shares during the last quarter. FIL Ltd lifted its holdings in First Solar by 6.9% in the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after purchasing an additional 46 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in First Solar by 2.6% in the 3rd quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock valued at $414,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on FSLR shares. Jefferies Financial Group reissued a “hold” rating and set a $205.00 price target on shares of First Solar in a research note on Thursday, February 26th. The Goldman Sachs Group reduced their price objective on First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. HSBC reiterated a “hold” rating and set a $211.00 target price (down from $280.00) on shares of First Solar in a research report on Wednesday, February 25th. Susquehanna dropped their price target on First Solar from $292.00 to $280.00 and set a “positive” rating for the company in a research report on Wednesday, February 25th. Finally, Daiwa Securities Group lifted their price target on First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 9th. Twenty analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.17.

First Solar News Roundup

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

• Positive Sentiment: Guggenheim kept a Buy rating while lowering its price target to $269 from $312, implying ~34% upside from the current price — a continued institutional vote of confidence despite the cut. Guggenheim price target update
• Positive Sentiment: Analyst/media coverage lists First Solar among undervalued renewable-energy stocks, reinforcing a value/mean‑reversion investment narrative (forward P/E cited as attractive). InsiderMonkey undervalued stocks article
• Neutral Sentiment: Several small insider sales were reported (e.g., Georges Antoun sold 245 shares at ~$200.80). These single, modest dispositions are routine for insiders and may not by themselves signal a change in company outlook. Antoun Form 4
• Negative Sentiment: Concentrated executive selling: the CFO sold 14,106 shares (~$2.82M; ~31.98% reduction), the General Counsel sold 9,022 shares (~$1.8M; ~48% reduction), and the CEO sold 1,937 shares (~$389k). Large, clustered sales by senior management can weigh on sentiment because they reduce insider ownership and may prompt questions about timing or outlook. Representative SEC filing: CFO sale. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, which introduces legal/financial risk and can increase headline volatility and potential liability concerns. Pomerantz investor alert

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.