First Solar (NASDAQ:FSLR) General Counsel Sells 3,700 Shares

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 3,700 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total transaction of $922,706.00. Following the completion of the sale, the general counsel owned 5,624 shares of the company’s stock, valued at approximately $1,402,513.12. The trade was a 39.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Solar Stock Down 5.9%

First Solar stock traded down $14.14 during trading hours on Wednesday, hitting $226.77. The stock had a trading volume of 3,070,222 shares, compared to its average volume of 2,580,672. The company has a 50-day moving average of $236.49 and a two-hundred day moving average of $225.00. First Solar, Inc. has a fifty-two week low of $176.47 and a fifty-two week high of $320.95. The company has a market cap of $24.37 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 0.53 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.First Solar’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $3.18 earnings per share. As a group, analysts forecast that First Solar, Inc. will post 17.75 EPS for the current fiscal year.

Institutional Trading of First Solar

A number of hedge funds and other institutional investors have recently made changes to their positions in FSLR. Compass Financial Management LLC acquired a new position in First Solar during the 2nd quarter worth about $462,000. Daiichi Life Insurance Co. Ltd. acquired a new stake in First Solar in the 2nd quarter valued at about $1,916,000. Commerce Bank bought a new position in shares of First Solar in the second quarter worth about $838,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of First Solar during the second quarter worth approximately $1,012,000. Finally, Evolve Private Wealth LLC acquired a new position in shares of First Solar during the second quarter worth approximately $524,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.

More First Solar News

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

• Positive Sentiment: New U.S. solar-panel trade measures—including a $0.38-per-watt minimum import price and a 15% duty on certain polysilicon imports—could raise costs for competitors that rely on overseas manufacturing. UBS and BNP Paribas said the changes may give First Solar a meaningful competitive advantage in the domestic market. The Tariff That Helps First Solar And Hurts Everyone Else
• Positive Sentiment: Robert W. Baird upgraded First Solar from Neutral to Outperform and set a $318 price target. The firm said a Section 232 tariff decision removes a key overhang and could allow customer bookings to resume. Baird Just Upgraded First Solar Stock. Here’s Why.
• Neutral Sentiment: Recent coverage also cited Mizuho’s $324 price target and a broader brokerage consensus of “Moderate Buy,” reinforcing a constructive analyst view but offering limited new fundamental information. First Solar Receives Average Rating of Moderate Buy
• Negative Sentiment: Several law firms publicized a securities class action against First Solar and certain officers. The alleged class period runs from February 26, 2025, through February 24, 2026, with an August 24 lead-plaintiff deadline. The notices cite investor losses, a sharp single-day decline, and reduced 2026 guidance; the allegations have not been proven. Pomerantz Class Action Filing

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on FSLR shares. Truist Financial reissued a “hold” rating and issued a $229.00 price target (down from $249.00) on shares of First Solar in a research report on Friday, July 31st. BMO Capital Markets cut their price objective on First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Guggenheim upped their target price on shares of First Solar from $279.00 to $282.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Citigroup lifted their price target on shares of First Solar from $294.00 to $297.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Finally, Roth Capital reaffirmed a “buy” rating and set a $300.00 price objective on shares of First Solar in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $258.79.

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.