Michael Koralewski Sells 7,000 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) insider Michael Koralewski sold 7,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $221.51, for a total transaction of $1,550,570.00. Following the completion of the transaction, the insider directly owned 7,642 shares of the company’s stock, valued at $1,692,779.42. This represents a 47.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Solar Stock Down 2.8%

NASDAQ:FSLR traded down $6.83 on Wednesday, reaching $236.80. 3,235,051 shares of the company’s stock traded hands, compared to its average volume of 2,403,244. The stock has a 50-day simple moving average of $244.06 and a 200-day simple moving average of $225.13. First Solar, Inc. has a 12 month low of $176.47 and a 12 month high of $320.95. The firm has a market cap of $25.44 billion, a PE ratio of 14.60, a P/E/G ratio of 0.51 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company posted $3.18 earnings per share. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. On average, equities analysts anticipate that First Solar, Inc. will post 17.74 earnings per share for the current year.

Institutional Investors Weigh In On First Solar

Several large investors have recently added to or reduced their stakes in FSLR. Commonwealth Retirement Investments LLC purchased a new stake in First Solar during the fourth quarter valued at approximately $26,000. Reflection Asset Management purchased a new position in shares of First Solar in the 4th quarter worth approximately $26,000. Strategic Wealth Investment Group LLC bought a new position in shares of First Solar during the 2nd quarter valued at approximately $26,000. Larson Financial Group LLC increased 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 purchasing an additional 55 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in shares of First Solar during the 4th quarter valued at approximately $30,000. 92.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on FSLR. Deutsche Bank Aktiengesellschaft upgraded shares of First Solar from a “hold” rating to a “buy” rating and lifted their price objective for the company from $245.00 to $272.00 in a research report on Monday, July 6th. The Goldman Sachs Group lifted their target price on First Solar from $300.00 to $310.00 in a report on Friday, May 1st. Argus boosted their target price on First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. HSBC increased their price target on First Solar from $211.00 to $231.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Finally, Truist Financial reaffirmed a “hold” rating and set a $229.00 price objective (down from $249.00) on shares of First Solar in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $254.44.

More First Solar News

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

• Positive Sentiment: First Solar’s second-quarter earnings beat and reaffirmed outlook remain supportive. The company previously reported adjusted EPS of $3.92 versus the $2.90 consensus, while revenue was broadly in line with expectations. Analysts also continue to highlight the company’s contracted backlog and potential undervaluation. ETFs in Spotlight as First Solar Shares Jump Post Q2 Earnings Beat
• Positive Sentiment: Reports that the Trump administration may consider tariffs or a price floor for solar-panel raw materials have boosted expectations for stronger protection of U.S. manufacturers, potentially benefiting First Solar’s domestic production footprint. Solar Stocks Rally on Potential Pro-Solar Policy
• Positive Sentiment: Recent reports of heavy First Solar call-option buying and a Guggenheim analyst’s positive price outlook indicate continued bullish positioning among some traders and analysts. First Solar Stock Price Expected to Rise, Guggenheim Analyst Says
• Neutral Sentiment: SolarEdge’s earnings beat and stronger European and battery demand are drawing attention to the broader solar sector, but its sharp post-earnings reversal underscores the volatility and uncertain sentiment affecting solar-equipment stocks. SolarEdge Technologies’ Q2 Earnings Top Estimates
• Negative Sentiment: Several law firms are publicizing a securities class action against First Solar and certain officers. The complaints allege that the company inadequately disclosed tariff risks, Series 6 module underutilization and challenges related to expanding South Carolina operations. The allegations have not been proven, but the legal overhang may pressure the stock and raise concerns about potential costs or reputational damage. Investors in the stated February 26, 2025–February 24, 2026 class period face an August 24 lead-plaintiff deadline. First Solar Class Action Filed Alleging Investor Harm

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.