First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Patrick James Buehler sold 180 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $200.80, for a total transaction of $36,144.00. Following the completion of the transaction, the insider owned 7,088 shares in the company, valued at approximately $1,423,270.40. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Patrick James Buehler also recently made the following trade(s):
- On Monday, March 9th, Patrick James Buehler sold 697 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $132,680.92.
- On Tuesday, March 3rd, Patrick James Buehler sold 1,361 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $266,660.73.
First Solar Price Performance
First Solar stock opened at $200.42 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35. The stock has a market cap of $21.51 billion, a price-to-earnings ratio of 14.10, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65. The firm has a 50-day moving average of $224.42 and a two-hundred day moving average of $236.51. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the stock. Woodline Partners LP boosted its position in First Solar by 40.7% during the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after purchasing an additional 2,615 shares in the last quarter. Allworth Financial LP raised its holdings in First Solar by 33.4% in the second quarter. Allworth Financial LP now owns 903 shares of the solar cell manufacturer’s stock worth $149,000 after purchasing an additional 226 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in First Solar by 33.8% in the second quarter. SBI Securities Co. Ltd. now owns 973 shares of the solar cell manufacturer’s stock worth $161,000 after purchasing an additional 246 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of First Solar by 36.6% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 58,607 shares of the solar cell manufacturer’s stock valued at $9,702,000 after buying an additional 15,708 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of First Solar by 40.1% during the second quarter. PNC Financial Services Group Inc. now owns 20,441 shares of the solar cell manufacturer’s stock valued at $3,384,000 after buying an additional 5,850 shares during the last quarter. 92.08% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages have weighed in on FSLR. Morgan Stanley lowered their target price on First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. Daiwa Securities Group raised their price target on First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a research note on Tuesday, December 9th. TD Cowen decreased their price objective on First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. BMO Capital Markets set a $263.00 price objective on shares of First Solar in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group dropped their target price on shares of First Solar from $316.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $248.17.
Key Stories Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Guggenheim kept a Buy rating on FSLR while lowering its price target to $269 (from $312), which still implies meaningful upside and signals continued institutional support. Guggenheim price target update
- Positive Sentiment: Media/analyst pieces are highlighting First Solar as an undervalued renewable-energy stock (attractive forward P/E cited), reinforcing a value/mean‑reversion thesis that can attract buyers. InsiderMonkey undervalued stocks article
- Neutral Sentiment: Evercore ISI trimmed its price target to $212 (from $241) while keeping an In Line rating — a modest re‑calibration of expectations rather than a bearish downgrade. Evercore ISI price target cut
- Neutral Sentiment: Multiple small insider dispositions were reported (routine sales by several executives at ~\$200.80), which individual investors often view as standard liquidity events rather than a firm signal. Representative SEC filing: Georges Antoun Form 4. Antoun Form 4
- Negative Sentiment: Concentrated executive selling: several senior officers sold significant stakes (notably the CFO’s ~14,106-share sale — a ~31.98% reduction — and large reductions by the General Counsel and CEO). Clustered large sales by management can hurt sentiment and raise questions about timing/insider views. Representative SEC filing: CFO Form 4. CFO Form 4
- Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing legal risk and potential headline-driven volatility that investors should monitor. 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.
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