First Solar, Inc. (NASDAQ:FSLR – Get Free Report) CAO Nathan Theurer sold 96 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 $19,154.88. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
First Solar Stock Performance
First Solar stock traded up $0.94 during mid-day trading on Tuesday, hitting $200.42. 1,358,366 shares of the company’s stock traded hands, compared to its average volume of 2,623,352. The firm has a 50 day simple moving average of $224.42 and a two-hundred day simple moving average of $236.51. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The stock has a market cap of $21.51 billion, a price-to-earnings ratio of 14.10, a P/E/G ratio of 0.35 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35.
First Solar (NASDAQ:FSLR – Get Free Report) last released 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%. First Solar’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.65 earnings per share. On average, research analysts expect that First Solar, Inc. will post 13.05 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on FSLR
Institutional Investors Weigh In On First Solar
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Aventura Private Wealth LLC acquired a new stake in First Solar during the fourth quarter worth approximately $25,000. Reflection Asset Management acquired a new position in First Solar in the 4th quarter valued at $26,000. Commonwealth Retirement Investments LLC acquired a new position in First Solar in the 4th quarter valued at $26,000. Larson Financial Group LLC lifted its position in shares of First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares during the period. Finally, Elyxium Wealth LLC acquired a new stake in shares of First Solar during the 4th quarter worth $30,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.
First Solar News Summary
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
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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