First Solar (NASDAQ:FSLR) Insider Sells $150,574.76 in Stock

First Solar, Inc. (NASDAQ:FSLR) insider Georges Antoun sold 791 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $190.36, for a total value of $150,574.76. Following the transaction, the insider owned 18,784 shares of the company’s stock, valued at $3,575,722.24. The trade was a 4.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Georges Antoun also recently made the following trade(s):

• On Tuesday, March 3rd, Georges Antoun sold 1,958 shares of First Solar stock. The shares were sold at an average price of $194.95, for a total transaction of $381,712.10.

First Solar Stock Performance

NASDAQ:FSLR traded up $2.42 on Tuesday, reaching $197.80. 1,948,243 shares of the company’s stock were exchanged, compared to its average volume of 2,663,926. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35. The firm has a market cap of $21.23 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 0.31 and a beta of 1.65. First Solar, Inc. has a 52 week low of $116.56 and a 52 week high of $285.99. The stock has a fifty day simple moving average of $231.30 and a 200-day simple moving average of $236.41.

First Solar (NASDAQ:FSLR) last posted its quarterly 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). The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $3.65 EPS. As a group, sell-side analysts predict that First Solar, Inc. will post 13.05 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on FSLR shares. Glj Research downgraded First Solar from a “buy” rating to a “hold” rating and dropped their target price for the stock from $314.43 to $207.82 in a research report on Wednesday, March 4th. The Goldman Sachs Group decreased their price objective on First Solar from $316.00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Evercore dropped their price objective on First Solar from $241.00 to $212.00 in a report on Thursday, March 5th. JPMorgan Chase & Co. reduced their target price on First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Finally, Guggenheim upped their price target on First Solar from $289.00 to $312.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $249.65.

Key Headlines Impacting First Solar

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 Investors Weigh In On First Solar

Institutional investors and hedge funds have recently made changes to their positions in the business. Woodline Partners LP grew its position 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 worth $1,143,000 after acquiring an additional 2,615 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in 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 last quarter. Assetmark Inc. boosted its holdings in shares of First Solar by 400.0% in the 2nd quarter. Assetmark Inc. now owns 390 shares of the solar cell manufacturer’s stock worth $65,000 after purchasing an additional 312 shares in the last quarter. Atria Investments Inc purchased a new position in shares of First Solar in the 2nd quarter worth about $255,000. Finally, Resona Asset Management Co. Ltd. increased its position in shares of First Solar by 24.0% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 40,123 shares of the solar cell manufacturer’s stock valued at $6,565,000 after purchasing an additional 7,759 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

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.