Jason Dymbort Sells 358 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 358 shares of First Solar stock in a transaction on Monday, March 16th. The shares were sold at an average price of $200.80, for a total value of $71,886.40. Following the completion of the transaction, the general counsel owned 18,872 shares in the company, valued at $3,789,497.60. This represents a 1.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

First Solar Trading Down 1.3%

FSLR opened at $197.81 on Thursday. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. The firm has a market cap of $21.23 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.35 and a beta of 1.65. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99. The stock has a fifty day moving average price of $223.56 and a 200-day moving average price of $236.24.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data 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). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the business earned $3.65 EPS. First Solar’s revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, equities research analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FSLR has been the topic of a number of analyst reports. The Goldman Sachs Group cut their price objective on shares of First Solar from $316.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Raymond James Financial assumed coverage on shares of First Solar in a research report on Monday, January 12th. They set a “market perform” rating for the company. Argus lowered their target price on shares of First Solar from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Bank of America cut their price target on shares of First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. reduced their price target on First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $248.17.

First Solar News Roundup

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

• Positive Sentiment: Guggenheim kept a Buy rating and trimmed its price target to $269 (from $312) — still implying sizable upside and signaling institutional conviction despite the cut. Guggenheim price target update
• Positive Sentiment: Polen Capital highlighted First Solar’s CdTe technology and favorable policy momentum (“One Big Beautiful Bill”), reinforcing the company’s competitive positioning in utility-scale solar. Polen Capital investor letter
• Positive Sentiment: Several media/analyst pieces continue to label FSLR undervalued on forward P/E metrics, which can attract value-focused buyers and support mean‑reversion. Undervalued renewable energy roundup
• Neutral Sentiment: Evercore ISI lowered its price target to $212 (from $241) but retained an In‑Line rating — a recalibration rather than a downgrade that may temper upside expectations. Evercore ISI price target cut
• Neutral Sentiment: Small, routine insider sales were reported (e.g., CAO Nathan Theurer sold 96 shares); such filings are common and often reflect personal liquidity rather than a signal on fundamentals. InsiderTrades CAO sale
• Negative Sentiment: Concentrated executive selling: multiple senior officers — notably the CFO (large 14,106‑share sale), General Counsel and CEO — disclosed significant reductions in positions. Clustered large sales from top executives are amplifying negative sentiment and raising investor questions. 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 closely. Pomerantz investor alert

Institutional Trading of First Solar

Institutional investors have recently bought and sold shares of the stock. Joule Financial LLC purchased a new position in shares of First Solar in the third quarter worth $950,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of First Solar by 22.0% during the third 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 buying an additional 13,904 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of First Solar during the third quarter valued at $1,193,000. State Street Corp increased its position in shares of First Solar by 2.1% in the 2nd quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock valued at $881,680,000 after acquiring an additional 111,927 shares during the period. Finally, Greenup Street Wealth Management LLC acquired a new position in shares of First Solar in the 3rd quarter valued at $2,147,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.

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.