Insider Selling: First Solar (NASDAQ:FSLR) EVP Sells 120 Shares of Stock

First Solar, Inc. (NASDAQ:FSLR) EVP Samantha Sloan sold 120 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $200.80, for a total transaction of $24,096.00. Following the sale, the executive vice president owned 1,683 shares in the company, valued at $337,946.40. This trade represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

First Solar Stock Up 0.5%

Shares of FSLR traded up $0.94 during mid-day trading on Tuesday, hitting $200.42. 1,358,366 shares of the company’s stock were exchanged, compared to its average volume of 2,623,352. The stock’s 50-day moving average is $224.42 and its 200-day moving average is $236.51. 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 fifty-two week low of $116.56 and a fifty-two week high of $285.99. The company 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.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the firm posted $3.65 EPS. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, sell-side analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On First Solar

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Aventura Private Wealth LLC purchased a new stake in First Solar during the fourth quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in First Solar in the fourth quarter valued at approximately $26,000. Reflection Asset Management acquired a new stake in First Solar during the fourth quarter worth approximately $26,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of First Solar during the 2nd quarter worth approximately $26,000. Finally, 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 worth $27,000 after buying an additional 55 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Key Headlines Impacting First Solar

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FSLR. Susquehanna cut their price objective on First Solar from $292.00 to $280.00 and set a “positive” rating on the stock in a research report on Wednesday, February 25th. Raymond James Financial assumed coverage on First Solar in a research note on Monday, January 12th. They set a “market perform” rating for the company. Wall Street Zen lowered First Solar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Glj Research cut First Solar from a “buy” rating to a “hold” rating and decreased their price objective for the company from $314.43 to $207.82 in a research note on Wednesday, March 4th. Finally, Daiwa Securities Group boosted their price target on shares of First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a report on Tuesday, December 9th. Twenty analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $248.17.

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.