First Solar (NASDAQ:FSLR) Insider Michael Koralewski Sells 215 Shares

First Solar, Inc. (NASDAQ:FSLR) insider Michael Koralewski sold 215 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $46,360.45. Following the completion of the transaction, the insider owned 14,642 shares of the company’s stock, valued at approximately $3,157,254.46. The trade was a 1.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Michael Koralewski also recently made the following trade(s):

• On Monday, March 16th, Michael Koralewski sold 264 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total value of $53,011.20.
• On Monday, March 9th, Michael Koralewski sold 756 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $143,912.16.
• On Tuesday, March 3rd, Michael Koralewski sold 1,330 shares of First Solar stock. The stock was sold at an average price of $195.93, for a total transaction of $260,586.90.

First Solar Stock Up 3.7%

Shares of First Solar stock traded up $7.82 during 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 company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The company has a fifty day simple moving average of $198.46 and a two-hundred day simple moving average of $231.85. The company has a market capitalization of $23.55 billion, a PE ratio of 14.16, a P/E/G ratio of 0.48 and a beta of 1.57. First Solar, Inc. has a 52 week low of $125.80 and a 52 week high of $285.99.

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

Institutional Investors Weigh In On First Solar

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Twin Capital Management Inc. purchased a new stake in First Solar in the first quarter worth approximately $850,000. Bank of New York Mellon Corp boosted its holdings in First Solar by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 708,153 shares of the solar cell manufacturer’s stock worth $139,690,000 after purchasing an additional 3,022 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in First Solar by 69.5% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 7,562 shares of the solar cell manufacturer’s stock worth $1,492,000 after purchasing an additional 3,101 shares during the last quarter. Nwam LLC purchased a new stake in First Solar in the first quarter worth approximately $728,000. Finally, Y.D. More Investments Ltd boosted its holdings in First Solar by 41.0% in the first quarter. Y.D. More Investments Ltd now owns 2,070 shares of the solar cell manufacturer’s stock worth $407,000 after purchasing an additional 602 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key Headlines Impacting 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

Analyst Ratings Changes

A number of equities analysts recently issued reports on FSLR shares. Deutsche Bank Aktiengesellschaft cut shares of First Solar from a “buy” rating to a “hold” rating and dropped their price target for the stock from $300.00 to $245.00 in a research note on Wednesday, February 25th. Wolfe Research cut shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Royal Bank Of Canada dropped their price target on shares of First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Freedom Capital lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Finally, Glj Research lowered shares of First Solar from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $314.43 to $207.82 in a report on Wednesday, March 4th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, First Solar currently has an average rating of “Moderate Buy” and a consensus price target of $246.10.

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.