Insider Selling: First Solar (NASDAQ:FSLR) Insider Sells 791 Shares of Stock

First Solar, Inc. (NASDAQ:FSLR) insider Georges Antoun sold 791 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $190.36, for a total transaction of $150,574.76. Following the transaction, the insider owned 18,784 shares in the company, valued at $3,575,722.24. The trade was a 4.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, March 3rd, Georges Antoun sold 1,958 shares of First Solar stock. The stock was sold at an average price of $194.95, for a total transaction of $381,712.10.

First Solar Trading Up 1.2%

Shares of First Solar stock traded up $2.42 during trading on Tuesday, reaching $197.80. The company’s stock had a trading volume of 1,948,243 shares, compared to its average volume of 2,663,926. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 52-week low of $116.56 and a 52-week high of $285.99. The firm’s 50-day moving average is $231.30 and its two-hundred day moving average is $236.41. The company has a market cap of $21.23 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.31 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last issued its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.First Solar’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.65 EPS. On average, sell-side analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current year.

Hedge Funds Weigh In On First Solar

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 during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in First Solar in the fourth quarter valued at $26,000. Reflection Asset Management bought a new stake in First Solar in the fourth quarter valued at $26,000. Strategic Wealth Investment Group LLC purchased a new position in First Solar during the 2nd quarter valued at $26,000. Finally, Larson Financial Group LLC raised its holdings in 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 purchasing an additional 55 shares in the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating on FSLR (keeps conviction in demand and growth) even after lowering its price target to $228 from $279 — a signal that analysts still see upside despite nearer‑term headwinds. First Solar Gains Analyst Support (Yahoo)
• Neutral Sentiment: Media commentary highlights FSLR underperformance versus some energy peers this year, noting it has lagged while others surged — useful context for sector-relative positioning but not new company-specific data. FSLR Sinks While Peers Surge (24/7 Wall St.)
• Negative Sentiment: Large, clustered insider selling disclosed on March 9 — multiple executives (including CEO Mark Widmar, CFO and other senior officers) sold shares at ~ $190.36. Heavy, broad-based insider sales can raise short-term concern about insider conviction and may amplify downside if investors interpret them as signaling less confidence. See CEO filing. SEC Form 4 — CEO Sale
• Negative Sentiment: Investor litigation alert: Pomerantz LLP has opened an investigation into First Solar on behalf of investors — this can increase legal uncertainty and headline risk while an inquiry develops. Pomerantz Investigation (GlobeNewswire)
• Negative Sentiment: Fundamental headwinds flagged: reporting highlights a rapidly shrinking backlog and potential long‑term exposure to phasing-out U.S. tax credits (scheduled 2030–2033), which could pressure bookings and margins over time if not offset by new contract wins or policy extensions. Backlog & Tax Credit Risk (Yahoo)

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FSLR shares. HSBC restated a “hold” rating and set a $211.00 target price (down from $280.00) on shares of First Solar in a report on Wednesday, February 25th. Evercore lowered their price objective on First Solar from $241.00 to $212.00 in a research report on Thursday, March 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of First Solar in a research note on Monday, December 29th. Barclays decreased their target price on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating on the stock in a research note on Monday, March 2nd. Finally, Needham & Company LLC upped their price target on shares of First Solar from $286.00 to $303.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $249.65.

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.