First Solar (NASDAQ:FSLR) CFO Sells $107,383.74 in Stock

First Solar, Inc. (NASDAQ:FSLR) CFO Alexander Bradley sold 498 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $107,383.74. Following the completion of the transaction, the chief financial officer owned 30,712 shares of the company’s stock, valued at $6,622,428.56. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

First Solar Stock Down 1.6%

Shares of FSLR opened at $214.57 on Friday. First Solar, Inc. has a 52 week low of $127.32 and a 52 week high of $285.99. The stock has a market capitalization of $23.06 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 0.48 and a beta of 1.57. 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 stock has a fifty day moving average of $196.96 and a 200-day moving average of $231.41.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the company earned $1.95 EPS. First Solar’s revenue was up 23.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that First Solar, Inc. will post 17.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FSLR. Aventura Private Wealth LLC bought a new position in shares of First Solar in the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of First Solar in the 4th quarter worth about $26,000. Reflection Asset Management bought a new position in shares of First Solar in the 4th quarter worth about $26,000. Strategic Wealth Investment Group LLC bought a new position in shares of First Solar in the 2nd quarter worth about $26,000. Finally, Larson Financial Group LLC raised its position in shares of First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares in the last quarter. 92.08% of the stock is owned by institutional investors.

Key Stories Impacting First Solar

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

• Positive Sentiment: Q1 beat and healthy fundamentals: First Solar reported stronger‑than‑expected Q1 results (EPS and revenue upside, strong margins), which supports the company’s medium‑term earnings outlook. Read More.
• Positive Sentiment: Brokerage support: Several firms have reiterated buys or raised targets recently (Freedom Broker/Freedom Capital upgrade to strong‑buy, Barclays and Susquehanna issued buy notes, HSBC raised its PT to $231), giving buyers ammunition. Read More.
• Neutral Sentiment: Multiple executive Form 4 filings show modest insider sales; company says sales were to cover tax withholding on vested awards — routine but sometimes interpreted as short‑term selling pressure. Read More.
• Neutral Sentiment: Analyst scorecard is mixed: while many analysts remain constructive, several have adjusted price targets and ratings incrementally — the street’s consensus is still a “Moderate Buy” but with a wide range of PTs. Read More.
• Neutral Sentiment: Sector context: peer reports are mixed (e.g., SolarEdge posted a wider Q1 loss even as revenues rose), which can create uneven flows across solar names. Read More.
• Negative Sentiment: Regulatory and demand uncertainty flagged by commentators: several pieces warn that unresolved policy (Section 201/232 and other rules) and order cadence risks could blunt near‑term upside and increase volatility. Read More.
• Negative Sentiment: Bearish analysis highlights downside scenarios — watch module ASPs, order flow and final policy outcomes; these items likely explain some of the profit‑taking after recent gains. Read More.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on FSLR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of First Solar in a research report on Friday, March 27th. Citigroup lowered their target price on First Solar from $300.00 to $243.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Mizuho lowered their target price on First Solar from $271.00 to $243.00 and set an “outperform” rating for the company in a research report on Monday, April 27th. The Goldman Sachs Group raised their target price on First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Finally, BMO Capital Markets lowered their target price on First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $246.10.

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.