First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Kuntal Kumar Verma sold 728 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $196.95, for a total value of $143,379.60. Following the completion of the transaction, the insider owned 7,606 shares of the company’s stock, valued at $1,498,001.70. The trade was a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Kuntal Kumar Verma also recently made the following trade(s):
- 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 Performance
NASDAQ:FSLR opened at $189.21 on Friday. The business has a 50 day moving average of $234.09 and a 200 day moving average of $236.03. The company has a market capitalization of $20.30 billion, a price-to-earnings ratio of 13.32, a PEG ratio of 0.31 and a beta of 1.65. First Solar, Inc. has a 1-year low of $116.56 and a 1-year high of $285.99. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35.
Institutional Investors Weigh In On First Solar
Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of First Solar by 3.5% in the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after acquiring an additional 464,130 shares during the period. State Street Corp boosted its holdings in shares of First Solar by 2.1% during the second quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock worth $881,680,000 after purchasing an additional 111,927 shares during the period. Geode Capital Management LLC boosted its holdings in shares of First Solar by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock worth $761,396,000 after purchasing an additional 24,206 shares during the period. Viking Global Investors LP grew its stake in shares of 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 worth $375,122,000 after purchasing an additional 854,919 shares during the last quarter. Finally, Amundi grew its stake in shares of First Solar by 9.4% in the fourth quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock worth $578,791,000 after purchasing an additional 189,626 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.
Analyst Ratings Changes
Several research firms recently commented on FSLR. Needham & Company LLC increased their target price on shares of First Solar from $286.00 to $303.00 and gave the company a “buy” rating in a report on Monday, February 23rd. TD Cowen lowered their price target on shares of First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Freedom Capital lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Wall Street Zen cut First Solar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, JPMorgan Chase & Co. decreased their price objective on First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $249.65.
View Our Latest Research Report on First Solar
Key First Solar News
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: U.S. manufacturing expansion: First Solar commissioned a new factory in Louisiana and plans additional capacity in South Carolina, improving domestic supply‑chain positioning and medium/long‑term revenue visibility. First Solar Expands US Manufacturing Footprint
- Neutral Sentiment: Options and retail/trending activity are elevated, which can amplify intraday swings but do not change the company’s fundamentals. Behind the Scenes of First Solar’s Latest Options Trends
- Negative Sentiment: 2026 guidance disappointed analysts, triggering multiple downgrades and the primary near‑term selling pressure as investors reprice earnings/margins. 2026 Guidance Disappoints, Triggers Downgrades
- Negative Sentiment: Analyst price‑target cuts (examples: Evercore to $212, Morgan Stanley to $230, Barclays to $228, Argus to $250) reduce headline upside and analyst support. Analyst Price Target Moves
- Negative Sentiment: Insider selling disclosed on March 4 — CTO Markus Gloeckler sold ~3,640 shares (~$717k) and CAO Nathan Theurer sold 92 shares — which some investors view as a negative signal even if routine. CTO Insider Sale SEC Filing
- Negative Sentiment: Pomerantz LLP announced an investor investigation into First Solar, introducing legal/financial risk that could increase near‑term cautiousness. Pomerantz Investigates First Solar
- Negative Sentiment: High‑profile negative commentary (e.g., Jim Cramer calling the recent quarter “one awful quarter”) can amplify short‑term selling momentum among retail traders. Jim Cramer on First Solar
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.
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