First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Kuntal Kumar Verma sold 1,386 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $190.36, for a total transaction of $263,838.96. Following the transaction, the insider directly owned 9,509 shares of the company’s stock, valued at $1,810,133.24. The trade was a 12.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Kuntal Kumar Verma also recently made the following trade(s):
- On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The stock was sold at an average price of $195.70, for a total value of $79,845.60.
- On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The stock was sold at an average price of $196.95, for a total transaction of $143,379.60.
- On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $671,256.18.
First Solar Trading Down 1.3%
Shares of FSLR stock opened at $197.56 on Friday. The company has a market cap of $21.20 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99. The stock’s 50 day simple moving average is $228.81 and its two-hundred day simple moving average is $235.89. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35.
Institutional Trading of First Solar
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aventura Private Wealth LLC purchased a new position in shares of First Solar in the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC purchased a new stake in First Solar in the fourth quarter valued at approximately $26,000. Reflection Asset Management purchased a new stake in First Solar in the fourth quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC acquired a new position in First Solar in the 2nd quarter worth approximately $26,000. Finally, Larson Financial Group LLC raised its position in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after buying an additional 55 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.
First Solar News Roundup
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Barclays reiterated an Overweight rating on FSLR, signaling confidence in demand and growth even as it trimmed its price target — this preserves analyst support for the growth story. Read More.
- Positive Sentiment: Sector and media coverage continue to frame First Solar as a structural clean‑energy play (domestic manufacturing, CdTe tech, utility‑scale backlog), which supports longer‑term demand expectations for the stock. Read More.
- Neutral Sentiment: Analyst views are mixed: some firms trimmed targets or downgraded while others maintained or raised targets, leaving a consensus “Moderate Buy” but with a wide range of valuations — a source of cross‑currents for traders. Read More.
- Neutral Sentiment: Large institutional ownership (over 90%) and recent small inflows/outflows mean moves can be magnified by concentration of holders; institutional activity is worth watching but not yet decisive. Read More.
- Negative Sentiment: Multiple senior executives executed sizable sales on March 9–10 (including CEO Mark Widmar and other C‑suite members). The clustered nature and scale of the sales are being read negatively by the market and can amplify short‑term downside. Read More.
- Negative Sentiment: Pomerantz LLP issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny raises uncertainty and typically acts as a near‑term headwind. Read More.
- Negative Sentiment: Technical and valuation pressure: the shares have pulled back notably over recent weeks and are trading below their 50‑ and 200‑day moving averages, which can trigger technical selling and drag sentiment. Read More.
- Negative Sentiment: Recent quarter: revenue beat but EPS missed consensus (reported $4.84 vs. $5.22 est.), a mixed result that leaves room for near‑term analyst caution. Read More.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on FSLR. Wall Street Zen downgraded First Solar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Rothschild & Co Redburn lifted their price objective on First Solar from $150.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. BMO Capital Markets set a $263.00 price objective on shares of First Solar in a research note on Thursday, January 29th. Bank of America dropped their target price 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, Morgan Stanley cut their target price on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, First Solar has an average rating of “Moderate Buy” and an average target price of $249.65.
Check Out Our Latest Research Report on First Solar
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.
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