Samantha Sloan Sells 120 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) EVP Samantha Sloan sold 120 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $200.80, for a total value of $24,096.00. Following the transaction, the executive vice president directly owned 1,683 shares in the company, valued at $337,946.40. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

First Solar Stock Performance

Shares of FSLR stock opened at $197.81 on Thursday. The stock has a fifty day moving average of $223.56 and a 200 day moving average of $236.24. First Solar, Inc. has a 52 week low of $116.56 and a 52 week high of $285.99. The firm has a market capitalization of $21.23 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.35 and a beta of 1.65. 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 (NASDAQ:FSLR) last issued its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) 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 analysts’ expectations of $1.59 billion. During the same period in the previous year, the firm posted $3.65 earnings per share. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, research analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current year.

Institutional Investors Weigh In On First Solar

Hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of First Solar in the fourth quarter worth $392,040,000. Viking Global Investors LP raised its position in shares of First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after purchasing an additional 854,919 shares during the last quarter. Polar Capital Holdings Plc bought a new position in First Solar in the 4th quarter worth about $200,109,000. Lightrock Netherlands B.V. boosted its stake in First Solar by 2,663.8% in the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after purchasing an additional 642,199 shares in the last quarter. Finally, Amundi grew its position in First Solar by 38.6% during the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after purchasing an additional 564,032 shares during the last quarter. 92.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on FSLR shares. BMO Capital Markets set a $263.00 price target on shares of First Solar in a research note on Thursday, January 29th. Jefferies Financial Group reaffirmed a “hold” rating and set a $205.00 price objective on shares of First Solar in a research report on Thursday, February 26th. Needham & Company LLC upped their target price on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft lowered First Solar from a “buy” rating to a “hold” rating and decreased their target price for the stock from $300.00 to $245.00 in a research report on Wednesday, February 25th. Finally, Bank of America lowered their target price on First Solar from $291.00 to $271.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Twenty investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus 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

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.