First Solar, Inc. (NASDAQ:FSLR – Get Free Report) CTO Markus Gloeckler sold 1,325 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $190.36, for a total value of $252,227.00. Following the completion of the transaction, the chief technology officer directly owned 9,862 shares in the company, valued at $1,877,330.32. This trade represents a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Markus Gloeckler also recently made the following trade(s):
- On Wednesday, March 4th, Markus Gloeckler sold 3,640 shares of First Solar stock. The stock was sold at an average price of $196.95, for a total value of $716,898.00.
- On Tuesday, March 3rd, Markus Gloeckler sold 3,425 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total value of $671,060.25.
First Solar Stock Up 1.2%
Shares of NASDAQ:FSLR traded up $2.42 during mid-day trading on Tuesday, hitting $197.80. 1,948,243 shares of the company traded hands, compared to its average volume of 2,663,926. The firm’s 50 day simple moving average is $231.30 and its 200 day simple moving average is $236.41. The firm 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. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. First Solar, Inc. has a 52-week low of $116.56 and a 52-week high of $285.99.
Key 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)
Institutional Trading of First Solar
Institutional investors have recently added to or reduced their stakes in the business. Aventura Private Wealth LLC bought a new position in shares of First Solar in the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Reflection Asset Management bought a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Strategic Wealth Investment Group LLC acquired a new stake in First Solar during the second quarter worth about $26,000. Finally, Larson Financial Group LLC lifted its holdings in First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently weighed in 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 report on Thursday, February 26th. Mizuho reduced their price objective on shares of First Solar from $326.00 to $271.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Barclays dropped their target price 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. Wolfe Research lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Finally, Susquehanna reduced 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 report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $249.65.
Read Our Latest Stock Report on First Solar
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.
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