First Solar (NASDAQ:FSLR) General Counsel Sells $88,192.67 in Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 409 shares of First Solar stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $88,192.67. Following the completion of the transaction, the general counsel directly owned 10,409 shares in the company, valued at approximately $2,244,492.67. This trade represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

First Solar Stock Up 3.7%

Shares of First Solar stock traded up $7.82 during midday trading on Tuesday, hitting $219.21. The company’s stock had a trading volume of 3,163,381 shares, compared to its average volume of 2,362,970. The firm has a market capitalization of $23.55 billion, a P/E ratio of 14.16, a PEG ratio of 0.48 and a beta of 1.57. The stock has a 50-day simple moving average of $198.46 and a 200-day simple moving average of $231.85. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. First Solar, Inc. has a 1-year low of $125.80 and a 1-year high of $285.99.

First Solar (NASDAQ:FSLR) last issued its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, topping the consensus estimate of $2.87 by $0.35. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.First Solar’s revenue was up 23.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.95 earnings per share. As a group, sell-side analysts expect that First Solar, Inc. will post 17.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. HSBC increased their price target on shares of First Solar from $211.00 to $231.00 and gave the stock a “hold” rating in a research report on Tuesday. TD Cowen reduced their price target on shares of First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Robert W. Baird reissued a “neutral” rating and issued a $205.00 price target (down from $264.00) on shares of First Solar in a research report on Wednesday, February 25th. UBS Group reduced their price target on shares of First Solar from $300.00 to $290.00 and set a “buy” rating for the company in a research report on Monday. Finally, DZ Bank raised shares of First Solar to a “strong sell” rating in a research report on Thursday, February 26th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, First Solar currently has an average rating of “Moderate Buy” and an average price target of $246.10.

Institutional Investors Weigh In On First Solar

Several large investors have recently made changes to their positions in FSLR. Norges Bank bought a new stake in shares of First Solar in the 4th quarter valued at approximately $392,040,000. Viking Global Investors LP grew its stake 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 valued at $375,122,000 after buying an additional 854,919 shares in the last quarter. Polar Capital Holdings Plc bought a new stake in shares of First Solar in the 4th quarter valued at approximately $200,109,000. Lightrock Netherlands B.V. grew its stake in shares of 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 valued at $174,059,000 after buying an additional 642,199 shares in the last quarter. Finally, Amundi grew its stake in shares of First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after buying an additional 564,032 shares in the last quarter. Institutional investors own 92.08% of the company’s stock.

Trending Headlines about First Solar

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

• Positive Sentiment: Q1 earnings beat — Q1 EPS of $3.22 (up ~65%) and revenue of $1.04B topped estimates, with margins and utilization highlighted as strengths. This is a primary driver of the rally. First Solar’s Q1 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Policy optimism — a broker upgrade cites potential upside if Section 232 rulings favor U.S. module producers; investors are pricing that potential into FSLR. First Solar upgraded at Freedom Broker as Section 232 seen driving upside
• Positive Sentiment: Reaffirmed outlook & backlog — company report and market writeups note record Q1 revenue, reaffirmed FY26 guidance and a large contracted backlog (strong revenue visibility), supporting the bull case. First Solar (FSLR) Is Up 9.3% After Record Q1 Results And Reaffirmed 2026 Outlook Has The Bull Case Changed?
• Positive Sentiment: Sector tailwinds — coverage noting growing clean-energy demand and favorable sector dynamics supports sentiment toward FSLR. First Solar In Focus As Clean Energy Demand Shapes Nasdaq Composite
• Neutral Sentiment: HSBC raised its price target to $231 (hold) — a modest lift to upside expectations but stops short of a buy endorsement. HSBC adjusts price target on First Solar to $231 from $211, maintains hold rating
• Neutral Sentiment: Evercore nudged its target to $219 and kept an in-line rating — effectively neutral vs. current levels. Evercore ISI adjusts price target on First Solar to $219 from $212, maintains in-line rating
• Negative Sentiment: Regulatory and demand risk flagged — analysis warns that policy uncertainty and possible demand slowdowns could introduce meaningful downside if tailwinds (e.g., tax credits, tariffs) don’t materialize as expected. First Solar Suffers Regulatory/Demand Uncertainty – Wait On The Sidelines First
• Negative Sentiment: Bear case remains — other commentary emphasizes persistent downside risk tied to execution, margin pressures and macro/regulatory shocks. First Solar: Still Providing Plenty Of Downside Risk

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.