First Solar (NASDAQ:FSLR) EVP Sells $57,679.08 in Stock

First Solar, Inc. (NASDAQ:FSLR) EVP Samantha Sloan sold 303 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $190.36, for a total value of $57,679.08. Following the transaction, the executive vice president owned 1,523 shares in the company, valued at $289,918.28. This trade represents a 16.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

First Solar Trading Up 1.2%

Shares of NASDAQ FSLR traded up $2.42 during trading on Tuesday, reaching $197.80. The stock had a trading volume of 1,948,243 shares, compared to its average volume of 2,663,926. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. The business’s 50-day moving average price is $231.30 and its 200-day moving average price is $236.41. The company has a market cap of $21.23 billion, a P/E ratio of 13.92, a PEG ratio of 0.31 and a beta of 1.65.

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

Institutional Investors Weigh In On First Solar

Institutional investors have recently modified their holdings of the company. Linden Thomas Advisory Services LLC increased its holdings in First Solar by 1.7% in the third quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock valued at $504,000 after buying an additional 39 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings 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 buying an additional 44 shares during the last quarter. Root Financial Partners LLC boosted its position in shares of First Solar by 18.2% during the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after acquiring an additional 45 shares in the last quarter. FIL Ltd boosted its position in shares of First Solar by 6.9% during the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after acquiring an additional 46 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in shares of 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 acquiring an additional 47 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on FSLR. UBS Group dropped their price objective on shares of First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Needham & Company LLC increased their target price on shares of First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Barclays decreased their price target on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Rothschild & Co Redburn upped their price objective on First Solar from $150.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Finally, Bank of America reduced their price objective on First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Twenty investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, First Solar has a consensus rating of “Moderate Buy” and a consensus target price of $249.65.

More First Solar News

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating on FSLR (keeps conviction in demand and growth) even after lowering its price target to $228 from $279 — a signal that analysts still see upside despite nearer‑term headwinds. First Solar Gains Analyst Support (Yahoo)
• Neutral Sentiment: Media commentary highlights FSLR underperformance versus some energy peers this year, noting it has lagged while others surged — useful context for sector-relative positioning but not new company-specific data. FSLR Sinks While Peers Surge (24/7 Wall St.)
• Negative Sentiment: Large, clustered insider selling disclosed on March 9 — multiple executives (including CEO Mark Widmar, CFO and other senior officers) sold shares at ~ $190.36. Heavy, broad-based insider sales can raise short-term concern about insider conviction and may amplify downside if investors interpret them as signaling less confidence. See CEO filing. SEC Form 4 — CEO Sale
• Negative Sentiment: Investor litigation alert: Pomerantz LLP has opened an investigation into First Solar on behalf of investors — this can increase legal uncertainty and headline risk while an inquiry develops. Pomerantz Investigation (GlobeNewswire)
• Negative Sentiment: Fundamental headwinds flagged: reporting highlights a rapidly shrinking backlog and potential long‑term exposure to phasing-out U.S. tax credits (scheduled 2030–2033), which could pressure bookings and margins over time if not offset by new contract wins or policy extensions. Backlog & Tax Credit Risk (Yahoo)

First Solar Company Profile

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.