First Solar (NASDAQ:FSLR) Insider Kuntal Kumar Verma Sells 408 Shares of Stock

First Solar, Inc. (NASDAQ:FSLR) insider Kuntal Kumar Verma sold 408 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $195.70, for a total transaction of $79,845.60. Following the transaction, the insider directly owned 9,101 shares of the company’s stock, valued at $1,781,065.70. The trade was a 4.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Kuntal Kumar Verma also recently made the following trade(s):

• On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $263,838.96.
• On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The shares were sold at an average price of $196.95, for a total value of $143,379.60.
• On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The stock was sold at an average price of $195.93, for a total value of $671,256.18.

First Solar Price Performance

Shares of FSLR stock traded down $1.65 on Thursday, reaching $198.60. The company’s stock had a trading volume of 280,851 shares, compared to its average volume of 2,567,000. The company has a market capitalization of $21.31 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65. The stock’s fifty day simple moving average is $230.08 and its 200-day simple moving average is $236.15. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99.

First Solar (NASDAQ:FSLR) last posted 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). The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. First Solar’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.65 earnings per share. Analysts forecast that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Bank of America lowered 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. Wells Fargo & Company cut their price target on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Freedom Capital lowered First Solar from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. The Goldman Sachs Group decreased their price objective on shares of First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Finally, Barclays decreased their target price on First Solar from $279.00 to $228.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. Twenty analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $249.65.

Institutional Trading of First Solar

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in First Solar by 3.5% during the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after purchasing an additional 464,130 shares during the last quarter. State Street Corp increased its holdings in shares of First Solar by 2.1% during the 2nd quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock worth $881,680,000 after buying an additional 111,927 shares during the last quarter. Geode Capital Management LLC raised its position in shares of First Solar by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after buying an additional 24,206 shares during the period. Viking Global Investors LP lifted its holdings in First Solar by 60.6% in the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares during the last quarter. Finally, Amundi lifted its holdings in First Solar by 9.4% in the fourth quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock valued at $578,791,000 after acquiring an additional 189,626 shares during the last quarter. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about First Solar

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

• Positive Sentiment: Barclays reiterated an Overweight rating on FSLR (keeping confidence in demand and growth) even though it trimmed its price target to $228 from $279 — this preserves analyst support for the story. Barclays coverage
• Positive Sentiment: Coverage and sector analysis continue to frame First Solar as a structural clean‑energy play (domestic manufacturing, CdTe tech, utility backlog), supporting longer‑term demand expectations. MarketBeat megatrends article
• Neutral Sentiment: The stock showed a modest uptick in the latest session (context: market movement can cause short‑term swings), but that does not yet reverse the recent multi‑month pullback. Yahoo: FSLR rises
• Neutral Sentiment: Relative performance: several clean‑energy and energy peers have outperformed FSLR year‑to‑date, which may shift sector allocation flows even if company fundamentals remain intact. Barchart comparison
• Negative Sentiment: Large, clustered insider sales on March 9 (including CEO Mark Widmar and several senior execs) are being viewed negatively by the market — a concentrated round of monetizations can amplify downside sentiment even if sales are part of planned diversification. SEC Form 4 (CEO Widmar)
• Negative Sentiment: Pomerantz LLP issued an investor alert saying it is investigating claims on behalf of First Solar investors — potential litigation or regulatory scrutiny raises uncertainty and is typically a near‑term headwind. GlobeNewswire / Pomerantz alert
• Negative Sentiment: Valuation and technical signals: recent articles flag the share pullback and note FSLR is trading below its 50‑ and 200‑day moving averages, a factor that can pressure sentiment and trigger technical selling. Yahoo: assessing valuation

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.