First Solar (NASDAQ:FSLR) Insider Kuntal Kumar Verma Sells 1,386 Shares

First Solar, Inc. (NASDAQ:FSLRGet Free Report) insider Kuntal Kumar Verma sold 1,386 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $190.36, for a total value of $263,838.96. Following the sale, the insider directly owned 9,509 shares of the company’s stock, valued at $1,810,133.24. This represents a 12.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Kuntal Kumar Verma also recently made the following trade(s):

  • On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The stock was sold at an average price of $196.95, for a total value of $143,379.60.
  • On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total value of $671,256.18.

First Solar Stock Performance

Shares of FSLR stock traded up $2.42 on Tuesday, hitting $197.80. 1,948,243 shares of the stock were exchanged, compared to its average volume of 2,663,926. The firm has a market capitalization of $21.23 billion, a PE ratio of 13.92, a P/E/G ratio of 0.31 and a beta of 1.65. First Solar, Inc. has a one year low of $116.56 and a one year high of $285.99. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $231.30 and its two-hundred day moving average is $236.41.

First Solar (NASDAQ:FSLRGet Free Report) last posted its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share 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 analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.First Solar’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.65 EPS. Sell-side analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

First Solar News Summary

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)

Analysts Set New Price Targets

A number of research firms recently issued reports on FSLR. Wall Street Zen lowered First Solar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. DZ Bank raised First Solar to a “strong sell” rating in a report on Thursday, February 26th. JPMorgan Chase & Co. lowered their price target on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Bank of America cut their price objective on shares of First Solar from $291.00 to $271.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Finally, HSBC reaffirmed a “hold” rating and set a $211.00 price objective (down from $280.00) on shares of First Solar in a research note 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $249.65.

Check Out Our Latest Research Report on FSLR

Hedge Funds Weigh In On First Solar

Institutional investors have recently modified their holdings of the company. Aventura Private Wealth LLC bought a new position in shares of First Solar during the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of First Solar in the fourth quarter worth about $26,000. Reflection Asset Management bought a new stake in shares of First Solar in the 4th quarter valued at about $26,000. Strategic Wealth Investment Group LLC bought a new stake in shares of First Solar in the 2nd quarter valued at about $26,000. Finally, Larson Financial Group LLC boosted its holdings in 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. 92.08% of the stock is currently owned by institutional investors.

First Solar Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for First Solar (NASDAQ:FSLR)

Receive News & Ratings for First Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Solar and related companies with MarketBeat.com's FREE daily email newsletter.