Insider Selling: First Solar (NASDAQ:FSLR) General Counsel Sells 1,305 Shares of Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 1,305 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $190.36, for a total value of $248,419.80. Following the sale, the general counsel directly owned 18,376 shares of the company’s stock, valued at approximately $3,498,055.36. The trade was a 6.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

First Solar Stock Up 1.2%

FSLR stock traded up $2.42 during mid-day trading on Tuesday, hitting $197.80. 1,948,243 shares of the company were exchanged, compared to its average volume of 2,663,926. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. First Solar, Inc. has a 1-year low of $116.56 and a 1-year high of $285.99. The firm’s 50 day simple moving average is $231.30 and its 200 day simple moving average is $236.41. The firm has a market cap of $21.23 billion, a P/E ratio of 13.92, a P/E/G ratio of 0.31 and a beta of 1.65.

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 the consensus estimate of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.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 prior year, the company earned $3.65 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. On average, sell-side analysts predict that First Solar, Inc. will post 13.05 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on FSLR. Daiwa Securities Group boosted their price target on First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a report on Tuesday, December 9th. JPMorgan Chase & Co. decreased their price objective on First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Robert W. Baird reissued a “neutral” rating and issued a $205.00 target price (down from $264.00) on shares of First Solar in a research report on Wednesday, February 25th. Bank of America cut their target price on First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Finally, TD Cowen reduced their price target on First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.65.

Institutional Trading of First Solar

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Aventura Private Wealth LLC acquired a new position in First Solar during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of First Solar during the 4th quarter worth approximately $26,000. Reflection Asset Management acquired a new stake in shares of First Solar in the 4th quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar in the 2nd quarter valued at approximately $26,000. Finally, Larson Financial Group LLC grew its stake in shares of First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares in the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

More First Solar News

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating on FSLR (keeps conviction in demand and growth) even after lowering its price target to $228 from $279 — a signal that analysts still see upside despite nearer‑term headwinds. First Solar Gains Analyst Support (Yahoo)
• Neutral Sentiment: Media commentary highlights FSLR underperformance versus some energy peers this year, noting it has lagged while others surged — useful context for sector-relative positioning but not new company-specific data. FSLR Sinks While Peers Surge (24/7 Wall St.)
• Negative Sentiment: Large, clustered insider selling disclosed on March 9 — multiple executives (including CEO Mark Widmar, CFO and other senior officers) sold shares at ~ $190.36. Heavy, broad-based insider sales can raise short-term concern about insider conviction and may amplify downside if investors interpret them as signaling less confidence. See CEO filing. SEC Form 4 — CEO Sale
• Negative Sentiment: Investor litigation alert: Pomerantz LLP has opened an investigation into First Solar on behalf of investors — this can increase legal uncertainty and headline risk while an inquiry develops. Pomerantz Investigation (GlobeNewswire)
• Negative Sentiment: Fundamental headwinds flagged: reporting highlights a rapidly shrinking backlog and potential long‑term exposure to phasing-out U.S. tax credits (scheduled 2030–2033), which could pressure bookings and margins over time if not offset by new contract wins or policy extensions. Backlog & Tax Credit Risk (Yahoo)

About First Solar

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.