Georges Antoun Sells 566 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) insider Georges Antoun sold 566 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 transaction of $122,046.58. Following the transaction, the insider owned 19,918 shares in the company, valued at $4,294,918.34. This represents a 2.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Georges Antoun also recently made the following trade(s):

• On Monday, March 16th, Georges Antoun sold 245 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total value of $49,196.00.
• On Monday, March 9th, Georges Antoun sold 791 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total value of $150,574.76.
• On Tuesday, March 3rd, Georges Antoun sold 1,958 shares of First Solar stock. The shares were sold at an average price of $194.95, for a total value of $381,712.10.

First Solar Trading Down 0.6%

Shares of FSLR stock opened at $218.00 on Thursday. The stock has a 50-day simple moving average of $197.53 and a 200 day simple moving average of $231.53. The stock has a market capitalization of $23.42 billion, a P/E ratio of 14.08, a P/E/G ratio of 0.49 and a beta of 1.57. First Solar, Inc. has a fifty-two week low of $125.80 and a fifty-two week high of $285.99. 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 (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. First Solar’s revenue was up 23.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.95 EPS. On average, sell-side analysts expect that First Solar, Inc. will post 17.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FSLR shares. Morgan Stanley reduced their price objective on First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. The Goldman Sachs Group boosted their target price on First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. BMO Capital Markets reduced their target price on First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Susquehanna decreased their price target on First Solar from $280.00 to $250.00 and set a “positive” rating for the company in a research report on Thursday, April 9th. Finally, Wells Fargo & Company cut their price objective on First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $246.10.

Key Stories Impacting First Solar

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

• Positive Sentiment: Q1 beat — First Solar reported stronger‑than‑expected results (EPS $3.22 vs. ~$2.87 est.; revenue +23.6% Y/Y to ~$1.04B) with robust margins, which supports earnings and valuation models. Read More.
• Positive Sentiment: Broker upgrade highlights policy upside — a recent Freedom Broker upgrade cited Section 232 (trade/policy tailwinds) as a potential catalyst for upside in FSLR. Read More.
• Neutral Sentiment: Analyst price‑target moves are modest — HSBC raised its PT to $231 (hold), reflecting the Q1 print and policy dynamics but not a broad re‑rating. Read More.
• Neutral Sentiment: Insider sales disclosed on May 5 — CEO and several senior officers sold modest blocks of stock at ~the recent market level to cover tax withholding on vested awards; filings indicate routine, tax‑related sales rather than conviction selling, but markets can interpret clustered insider sales as a mild negative. Read More. and Read More.
• Neutral Sentiment: Sector/peer context — SolarEdge (SEDG) reported improving revenue but continued losses, underscoring mixed fundamentals across solar OEMs; useful for relative positioning but not a direct FSLR catalyst. Read More.
• Negative Sentiment: Regulatory and demand uncertainty flagged by analysts — several commentary pieces warn that pending policy decisions (Section 232/201 and other trade measures) and order cadence could create short‑term demand risk and pressure near‑term multiples. Read More.
• Negative Sentiment: Bearish analysis highlights downside scenarios — some analysts caution that module ASPs, order timing and policy finalization could expose FSLR to downside even after the earnings beat. Read More.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FSLR. Aventura Private Wealth LLC purchased a new position in First Solar during the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar in the fourth quarter worth approximately $26,000. Reflection Asset Management acquired a new stake in shares of First Solar during the fourth quarter worth approximately $26,000. Strategic Wealth Investment Group LLC purchased a new position in First Solar during the second quarter valued at approximately $26,000. Finally, Larson Financial Group LLC grew its position in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after purchasing an additional 55 shares in the last quarter. 92.08% of the stock is owned by institutional investors and hedge funds.

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.