First Solar (NASDAQ:FSLR) General Counsel Jason Dymbort Sells 9,022 Shares of Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 9,022 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $199.62, for a total value of $1,800,971.64. Following the sale, the general counsel directly owned 9,850 shares in the company, valued at approximately $1,966,257. This represents a 47.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

First Solar Stock Performance

Shares of FSLR opened at $200.42 on Wednesday. The stock has a market capitalization of $21.51 billion, a PE ratio of 14.10, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65. The business’s fifty day moving average price is $224.42 and its 200 day moving average price is $236.51. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35. First Solar, Inc. has a 12-month low of $116.56 and a 12-month high of $285.99.

First Solar (NASDAQ:FSLR) last released its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing the consensus estimate of $5.22 by ($0.38). The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.65 EPS. Equities research analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Wall Street Analyst Weigh In

FSLR has been the topic of several research reports. Barclays dropped their price objective on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating on the stock in a research note on Monday, March 2nd. JPMorgan Chase & Co. decreased their target price on First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Evercore lowered their target price on First Solar from $241.00 to $212.00 in a report on Thursday, March 5th. Royal Bank Of Canada dropped their price target on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, Daiwa Securities Group raised their price target on First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a report on Tuesday, December 9th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.17.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FSLR. Linden Thomas Advisory Services LLC lifted its holdings in First Solar by 1.7% in the third quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after purchasing an additional 39 shares during the period. Apollon Wealth Management LLC increased its stake in First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after buying an additional 44 shares during the period. Root Financial Partners LLC increased its stake in First Solar by 18.2% during the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after buying an additional 45 shares during the period. FIL Ltd raised its position in shares of First Solar by 6.9% during the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after buying an additional 46 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in shares of First Solar by 2.6% in the 3rd quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock worth $414,000 after acquiring an additional 47 shares during the period. 92.08% of the stock is owned by institutional investors and hedge funds.

First Solar News Summary

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

• Positive Sentiment: Guggenheim kept a Buy rating while lowering its price target to $269 from $312, implying ~34% upside from the current price — a continued institutional vote of confidence despite the cut. Guggenheim price target update
• Positive Sentiment: Analyst/media coverage lists First Solar among undervalued renewable-energy stocks, reinforcing a value/mean‑reversion investment narrative (forward P/E cited as attractive). InsiderMonkey undervalued stocks article
• Neutral Sentiment: Several small insider sales were reported (e.g., Georges Antoun sold 245 shares at ~$200.80). These single, modest dispositions are routine for insiders and may not by themselves signal a change in company outlook. Antoun Form 4
• Negative Sentiment: Concentrated executive selling: the CFO sold 14,106 shares (~$2.82M; ~31.98% reduction), the General Counsel sold 9,022 shares (~$1.8M; ~48% reduction), and the CEO sold 1,937 shares (~$389k). Large, clustered sales by senior management can weigh on sentiment because they reduce insider ownership and may prompt questions about timing or outlook. Representative SEC filing: CFO sale. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, which introduces legal/financial risk and can increase headline volatility and potential liability concerns. Pomerantz investor alert

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.