Kuntal Kumar Verma Sells 479 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) insider Kuntal Kumar Verma sold 479 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total transaction of $103,286.77. Following the transaction, the insider owned 9,490 shares in the company, valued at $2,046,328.70. The trade was a 4.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, April 15th, Kuntal Kumar Verma sold 573 shares of First Solar stock. The stock was sold at an average price of $210.00, for a total transaction of $120,330.00.
• On Tuesday, March 17th, Kuntal Kumar Verma sold 180 shares of First Solar stock. The shares were sold at an average price of $199.53, for a total transaction of $35,915.40.
• On Monday, March 16th, Kuntal Kumar Verma sold 392 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total transaction of $78,713.60.
• On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The stock was sold at an average price of $195.70, for a total transaction of $79,845.60.
• On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $263,838.96.
• On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The shares were sold at an average price of $196.95, for a total transaction 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 Down 0.6%

FSLR opened at $218.00 on Thursday. First Solar, Inc. has a 12 month low of $125.80 and a 12 month high of $285.99. The company has a current ratio of 2.56, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02. The business’s 50-day moving average price is $197.53 and its 200-day moving average price is $231.53. The company has a market cap of $23.42 billion, a P/E ratio of 14.08, a P/E/G ratio of 0.49 and a beta of 1.57.

First Solar (NASDAQ:FSLR) last issued its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.35. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.First Solar’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.95 EPS. On average, equities analysts expect that First Solar, Inc. will post 17.58 EPS for the current year.

Institutional Trading of First Solar

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Joule Financial LLC bought a new position in shares of First Solar during the third quarter valued at approximately $950,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of First Solar by 22.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,155 shares of the solar cell manufacturer’s stock worth $17,015,000 after purchasing an additional 13,904 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of First Solar in the 3rd quarter worth approximately $1,193,000. Candriam S.C.A. grew its stake in shares of First Solar by 70.2% in the 3rd quarter. Candriam S.C.A. now owns 150,379 shares of the solar cell manufacturer’s stock worth $33,163,000 after buying an additional 62,048 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in 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 valued at $3,026,108,000 after buying an additional 464,130 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key Stories Impacting First Solar

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

• Positive Sentiment: Q1 beat — First Solar reported stronger‑than‑expected results (EPS $3.22 vs. ~$2.87 est.; revenue +23.6% Y/Y to ~$1.04B) with robust margins, which supports earnings and valuation models. Read More.
• Positive Sentiment: Broker upgrade highlights policy upside — a recent Freedom Broker upgrade cited Section 232 (trade/policy tailwinds) as a potential catalyst for upside in FSLR. Read More.
• Neutral Sentiment: Analyst price‑target moves are modest — HSBC raised its PT to $231 (hold), reflecting the Q1 print and policy dynamics but not a broad re‑rating. Read More.
• Neutral Sentiment: Insider sales disclosed on May 5 — CEO and several senior officers sold modest blocks of stock at ~the recent market level to cover tax withholding on vested awards; filings indicate routine, tax‑related sales rather than conviction selling, but markets can interpret clustered insider sales as a mild negative. Read More. and Read More.
• Neutral Sentiment: Sector/peer context — SolarEdge (SEDG) reported improving revenue but continued losses, underscoring mixed fundamentals across solar OEMs; useful for relative positioning but not a direct FSLR catalyst. Read More.
• Negative Sentiment: Regulatory and demand uncertainty flagged by analysts — several commentary pieces warn that pending policy decisions (Section 232/201 and other trade measures) and order cadence could create short‑term demand risk and pressure near‑term multiples. Read More.
• Negative Sentiment: Bearish analysis highlights downside scenarios — some analysts caution that module ASPs, order timing and policy finalization could expose FSLR to downside even after the earnings beat. Read More.

Wall Street Analyst Weigh In

Several research analysts recently commented on FSLR shares. Deutsche Bank Aktiengesellschaft downgraded shares of First Solar from a “buy” rating to a “hold” rating and decreased their target price for the stock from $300.00 to $245.00 in a research note on Wednesday, February 25th. Mizuho cut their price target on shares of First Solar from $271.00 to $243.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Glj Research cut shares of 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 report on Wednesday, March 4th. Evercore upped their price objective on shares of First Solar from $212.00 to $219.00 in a research note on Monday. Finally, JPMorgan Chase & Co. dropped their target price on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Eighteen 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 company’s stock. According to data from MarketBeat, First Solar presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.10.

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.