First Solar (NASDAQ:FSLR) CAO Nathan Theurer Sells 324 Shares

First Solar, Inc. (NASDAQ:FSLRGet Free Report) CAO Nathan Theurer sold 324 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $195.70, for a total value of $63,406.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

First Solar Stock Performance

First Solar stock traded down $1.65 during mid-day trading on Thursday, hitting $198.60. 280,851 shares of the company’s stock traded hands, compared to its average volume of 2,567,000. 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, Inc. has a one year low of $116.56 and a one year high of $285.99. The firm has a 50 day moving average price of $230.08 and a 200 day moving average price of $236.15. The company has a market cap of $21.31 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65.

First Solar (NASDAQ:FSLRGet Free Report) last released its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the company posted $3.65 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FSLR. Robert W. Baird reiterated a “neutral” rating and issued a $205.00 price objective (down from $264.00) on shares of First Solar in a report on Wednesday, February 25th. Argus dropped their target price on First Solar from $300.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. DZ Bank upgraded First Solar to a “strong sell” rating in a research report on Thursday, February 26th. Guggenheim lifted their price target on First Solar from $289.00 to $312.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada dropped their price objective on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $249.65.

Check Out Our Latest Stock Report on First Solar

Key First Solar News

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

  • Positive Sentiment: Barclays reiterated an Overweight rating on FSLR (keeping confidence in demand and growth) even though it trimmed its price target to $228 from $279 — this preserves analyst support for the story. Barclays coverage
  • Positive Sentiment: Coverage and sector analysis continue to frame First Solar as a structural clean‑energy play (domestic manufacturing, CdTe tech, utility backlog), supporting longer‑term demand expectations. MarketBeat megatrends article
  • Neutral Sentiment: The stock showed a modest uptick in the latest session (context: market movement can cause short‑term swings), but that does not yet reverse the recent multi‑month pullback. Yahoo: FSLR rises
  • Neutral Sentiment: Relative performance: several clean‑energy and energy peers have outperformed FSLR year‑to‑date, which may shift sector allocation flows even if company fundamentals remain intact. Barchart comparison
  • Negative Sentiment: Large, clustered insider sales on March 9 (including CEO Mark Widmar and several senior execs) are being viewed negatively by the market — a concentrated round of monetizations can amplify downside sentiment even if sales are part of planned diversification. SEC Form 4 (CEO Widmar)
  • Negative Sentiment: Pomerantz LLP issued an investor alert saying it is investigating claims on behalf of First Solar investors — potential litigation or regulatory scrutiny raises uncertainty and is typically a near‑term headwind. GlobeNewswire / Pomerantz alert
  • Negative Sentiment: Valuation and technical signals: recent articles flag the share pullback and note FSLR is trading below its 50‑ and 200‑day moving averages, a factor that can pressure sentiment and trigger technical selling. Yahoo: assessing valuation

Institutional Investors Weigh In On First Solar

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted 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 purchasing an additional 464,130 shares during the last quarter. State Street Corp lifted its holdings in shares of First Solar by 2.1% during the 2nd quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock worth $881,680,000 after acquiring an additional 111,927 shares during the period. Geode Capital Management LLC boosted its holdings in 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 valued at $761,396,000 after purchasing an additional 24,206 shares in the last quarter. Viking Global Investors LP grew its position 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 acquiring an additional 854,919 shares during the period. Finally, Amundi increased its position in shares of First Solar by 9.4% during the 4th 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 in the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

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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