Samantha Sloan Sells 303 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) EVP Samantha Sloan sold 303 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $190.36, for a total value of $57,679.08. Following the sale, the executive vice president owned 1,523 shares of the company’s stock, valued at approximately $289,918.28. The trade was a 16.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

First Solar Stock Up 1.2%

First Solar stock traded up $2.42 during mid-day trading on Tuesday, hitting $197.80. The company 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 1 year low of $116.56 and a 1 year high of $285.99. The business has a fifty day moving average of $231.30 and a 200 day moving average of $236.41. The stock 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 quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the firm posted $3.65 EPS. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, sell-side analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On First Solar

Institutional investors have recently added to or reduced their stakes in the stock. Woodline Partners LP raised its stake in First Solar by 40.7% during the 1st quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after acquiring an additional 2,615 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of First Solar by 10.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 34,473 shares of the solar cell manufacturer’s stock valued at $5,707,000 after purchasing an additional 3,238 shares during the last quarter. Assetmark Inc. grew its stake in shares of First Solar by 400.0% in the 2nd quarter. Assetmark Inc. now owns 390 shares of the solar cell manufacturer’s stock valued at $65,000 after purchasing an additional 312 shares during the last quarter. Atria Investments Inc acquired a new position in shares of First Solar in the second quarter valued at approximately $255,000. Finally, Resona Asset Management Co. Ltd. increased its holdings in shares of First Solar by 24.0% in the second quarter. Resona Asset Management Co. Ltd. now owns 40,123 shares of the solar cell manufacturer’s stock valued at $6,565,000 after purchasing an additional 7,759 shares during the period. Institutional investors and hedge funds own 92.08% of the company’s stock.

Key Stories 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)

Analyst Ratings Changes

Several research firms have issued reports on FSLR. Needham & Company LLC upped their price objective on shares of First Solar from $286.00 to $303.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. UBS Group reduced their target price on First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. HSBC restated a “hold” rating and set a $211.00 price target (down from $280.00) on shares of First Solar in a research note on Wednesday, February 25th. DZ Bank raised First Solar to a “strong sell” rating in a research report on Thursday, February 26th. Finally, Rothschild & Co Redburn increased 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. Twenty 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $249.65.

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.