Alexander Bradley Sells 590 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) CFO Alexander Bradley sold 590 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $200.80, for a total transaction of $118,472.00. Following the completion of the transaction, the chief financial officer directly owned 44,106 shares of the company’s stock, valued at approximately $8,856,484.80. The trade was a 1.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

First Solar Price Performance

Shares of FSLR opened at $197.81 on Thursday. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The firm’s 50 day moving average price is $223.56 and its 200 day moving average price is $236.24. The company has a market cap of $21.23 billion, a P/E ratio of 13.92, a PEG ratio of 0.35 and a beta of 1.65. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results 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 business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business earned $3.65 EPS. On average, research analysts forecast 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: Guggenheim kept a Buy rating and trimmed its price target to $269 (from $312) — still implying sizable upside and signaling institutional conviction despite the cut. Guggenheim price target update
• Positive Sentiment: Polen Capital highlighted First Solar’s CdTe technology and favorable policy momentum (“One Big Beautiful Bill”), reinforcing the company’s competitive positioning in utility-scale solar. Polen Capital investor letter
• Positive Sentiment: Several media/analyst pieces continue to label FSLR undervalued on forward P/E metrics, which can attract value-focused buyers and support mean‑reversion. Undervalued renewable energy roundup
• Neutral Sentiment: Evercore ISI lowered its price target to $212 (from $241) but retained an In‑Line rating — a recalibration rather than a downgrade that may temper upside expectations. Evercore ISI price target cut
• Neutral Sentiment: Small, routine insider sales were reported (e.g., CAO Nathan Theurer sold 96 shares); such filings are common and often reflect personal liquidity rather than a signal on fundamentals. InsiderTrades CAO sale
• Negative Sentiment: Concentrated executive selling: multiple senior officers — notably the CFO (large 14,106‑share sale), General Counsel and CEO — disclosed significant reductions in positions. Clustered large sales from top executives are amplifying negative sentiment and raising investor questions. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing legal risk and potential headline‑driven volatility that investors should monitor closely. Pomerantz investor alert

Institutional Trading of First Solar

A number of institutional investors have recently bought and sold shares of FSLR. Vanguard Group Inc. raised its position in shares of First Solar by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after acquiring an additional 464,130 shares in the last quarter. State Street Corp boosted its holdings in First Solar by 2.1% in the second quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock valued at $881,680,000 after purchasing an additional 111,927 shares in the last quarter. Geode Capital Management LLC boosted its holdings in First Solar by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after purchasing an additional 24,206 shares in the last quarter. Viking Global Investors LP increased its stake in First Solar by 60.6% in the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after purchasing an additional 854,919 shares during the last quarter. Finally, Amundi increased its stake in First Solar by 9.4% in the fourth quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock valued at $578,791,000 after purchasing an additional 189,626 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FSLR has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of First Solar in a research note on Monday, December 29th. Zacks Research cut First Solar from a “hold” rating to a “strong sell” rating in a research note on Monday. BMO Capital Markets set a $263.00 price objective on First Solar in a research report on Thursday, January 29th. Barclays cut their target price on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating on the stock in a research note on Monday, March 2nd. Finally, Bank of America reduced their target price on shares of First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average 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.