First Solar (NASDAQ:FSLR) CTO Markus Gloeckler Sells 368 Shares

First Solar, Inc. (NASDAQ:FSLR) CTO Markus Gloeckler sold 368 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $200.80, for a total transaction of $73,894.40. Following the completion of the transaction, the chief technology officer owned 10,348 shares in the company, valued at approximately $2,077,878.40. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Markus Gloeckler also recently made the following trade(s):

• On Monday, March 9th, Markus Gloeckler sold 1,325 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $252,227.00.
• On Wednesday, March 4th, Markus Gloeckler sold 3,640 shares of First Solar stock. The shares were sold at an average price of $196.95, for a total transaction of $716,898.00.
• On Tuesday, March 3rd, Markus Gloeckler sold 3,425 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $671,060.25.

First Solar Stock Up 0.5%

Shares of NASDAQ FSLR opened at $200.42 on Wednesday. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99. The firm’s 50 day moving average price is $224.42 and its 200 day moving average price is $236.51. The firm has a market cap of $21.51 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65. 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 (NASDAQ:FSLR) last issued its quarterly 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). 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 earnings per share. The company’s revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current year.

Institutional Trading of First Solar

A number of hedge funds have recently made changes to their positions in the company. Stance Capital LLC lifted its position in shares of First Solar by 10,575.0% during the fourth quarter. Stance Capital LLC now owns 5,124 shares of the solar cell manufacturer’s stock worth $1,339,000 after purchasing an additional 5,076 shares in the last quarter. Forty three Eighteen Advisors LLC acquired a new stake in First Solar during the 4th quarter valued at $711,000. Rockefeller Capital Management L.P. grew its holdings in First Solar by 79.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 41,723 shares of the solar cell manufacturer’s stock valued at $10,899,000 after purchasing an additional 18,537 shares in the last quarter. Green Ridge Wealth Planning LLC purchased a new stake in First Solar during the 4th quarter worth $234,000. Finally, Mengis Capital Management Inc. increased its stake in First Solar by 26.1% during the 4th quarter. Mengis Capital Management Inc. now owns 7,243 shares of the solar cell manufacturer’s stock worth $1,892,000 after buying an additional 1,500 shares during the period. Hedge funds and other institutional investors own 92.08% of the company’s stock.

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

Wall Street Analyst Weigh In

Several analysts have commented on the company. Mizuho lowered their price target on First Solar from $326.00 to $271.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Argus cut their price objective on shares of First Solar from $300.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Freedom Capital cut shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. The Goldman Sachs Group lowered their target price on shares of First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of First Solar in a research report on Monday, December 29th. 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.17.

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.