Insider Selling: First Solar (NASDAQ:FSLR) Insider Sells 756 Shares of Stock

First Solar, Inc. (NASDAQ:FSLRGet Free Report) insider Michael Koralewski sold 756 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $190.36, for a total transaction of $143,912.16. Following the completion of the sale, the insider owned 13,963 shares of the company’s stock, valued at approximately $2,657,996.68. This represents a 5.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Michael Koralewski also recently made the following trade(s):

  • On Tuesday, March 3rd, Michael Koralewski sold 1,330 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $260,586.90.

First Solar Stock Up 1.2%

FSLR stock traded up $2.42 during trading on Tuesday, hitting $197.80. 1,948,243 shares of the company’s stock traded hands, compared to its average volume of 2,663,926. The firm has a market capitalization of $21.23 billion, a P/E ratio of 13.92, 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 quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $231.30 and a two-hundred day simple moving average of $236.41.

First Solar (NASDAQ:FSLRGet Free Report) last posted its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.65 EPS. Sell-side analysts anticipate that First Solar, Inc. will post 13.05 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on FSLR shares. UBS Group cut their target price on First Solar from $330.00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Freedom Capital downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. 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 research report on Monday, February 23rd. Morgan Stanley cut their price target on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. Finally, Glj Research lowered 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 report on Wednesday, March 4th. Twenty 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.65.

Get Our Latest Stock Analysis on First Solar

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Joule Financial LLC acquired a new stake in First Solar during the third quarter valued at $950,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of First Solar by 22.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,155 shares of the solar cell manufacturer’s stock valued at $17,015,000 after acquiring an additional 13,904 shares during the period. Belpointe Asset Management LLC acquired a new position in First Solar in the 3rd quarter worth about $1,193,000. State Street Corp grew 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 during the period. Finally, Greenup Street Wealth Management LLC acquired a new stake in First Solar in the third quarter valued at approximately $2,147,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Key Headlines Impacting First Solar

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

  • Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating on FSLR (keeps conviction in demand and growth) even after lowering its price target to $228 from $279 — a signal that analysts still see upside despite nearer‑term headwinds. First Solar Gains Analyst Support (Yahoo)
  • Neutral Sentiment: Media commentary highlights FSLR underperformance versus some energy peers this year, noting it has lagged while others surged — useful context for sector-relative positioning but not new company-specific data. FSLR Sinks While Peers Surge (24/7 Wall St.)
  • Negative Sentiment: Large, clustered insider selling disclosed on March 9 — multiple executives (including CEO Mark Widmar, CFO and other senior officers) sold shares at ~ $190.36. Heavy, broad-based insider sales can raise short-term concern about insider conviction and may amplify downside if investors interpret them as signaling less confidence. See CEO filing. SEC Form 4 — CEO Sale
  • Negative Sentiment: Investor litigation alert: Pomerantz LLP has opened an investigation into First Solar on behalf of investors — this can increase legal uncertainty and headline risk while an inquiry develops. Pomerantz Investigation (GlobeNewswire)
  • Negative Sentiment: Fundamental headwinds flagged: reporting highlights a rapidly shrinking backlog and potential long‑term exposure to phasing-out U.S. tax credits (scheduled 2030–2033), which could pressure bookings and margins over time if not offset by new contract wins or policy extensions. Backlog & Tax Credit Risk (Yahoo)

About First Solar

(Get Free Report)

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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