Rep. Gilbert Ray Cisneros, Jr. Sells First Solar, Inc. (NASDAQ:FSLR) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of First Solar, Inc. (NASDAQ:FSLR). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in First Solar stock on February 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

First Solar Price Performance

Shares of FSLR traded down $2.69 during mid-day trading on Thursday, reaching $197.56. 1,534,131 shares of the company’s stock were exchanged, compared to its average volume of 2,594,864. 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 company has a market cap of $21.20 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 0.32 and a beta of 1.65. The company has a 50-day simple moving average of $230.08 and a two-hundred day simple moving average of $236.15.

First Solar (NASDAQ:FSLR) last announced 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). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the company posted $3.65 EPS. First Solar’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, sell-side analysts predict that First Solar, Inc. will post 13.05 EPS for the current fiscal year.

Insider Activity at First Solar

In other news, CAO Nathan B. Theurer sold 324 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $195.70, for a total value of $63,406.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Patrick James Buehler sold 697 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $190.36, for a total transaction of $132,680.92. Following the completion of the transaction, the insider directly owned 6,841 shares in the company, valued at approximately $1,302,252.76. This represents a 9.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 47,761 shares of company stock valued at $9,276,424 over the last quarter. Company insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On First Solar

A number of institutional investors have recently added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC raised its holdings in shares of First Solar by 1.7% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after purchasing an additional 39 shares during the period. Apollon Wealth Management LLC grew its holdings in shares of First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after purchasing an additional 44 shares during the period. Root Financial Partners LLC increased its position in First Solar by 18.2% during the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after purchasing an additional 45 shares in the last quarter. FIL Ltd raised its holdings in First Solar by 6.9% in the fourth quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after buying an additional 46 shares during the period. Finally, Signaturefd LLC raised its holdings in First Solar by 2.6% in the third quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock valued at $414,000 after buying an additional 47 shares during the period. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Wall Street Analysts Forecast Growth

FSLR has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut First Solar from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $300.00 to $245.00 in a research report on Wednesday, February 25th. Barclays lowered their price target on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. Wells Fargo & Company reduced their price objective on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Needham & Company LLC raised their target price on shares of First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, Freedom Capital cut shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Twenty research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, First Solar has an average rating of “Moderate Buy” and an average target price of $249.65.

More First Solar News

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

• Positive Sentiment: Barclays reiterated an Overweight rating (keeps institutional support for demand and growth expectations), which offsets some near‑term pressure. Read More.
• Positive Sentiment: Sector and thematic coverage continue to position First Solar as a structural clean‑energy/megatrend play (domestic manufacturing, CdTe tech, utility‑scale backlog), supporting longer‑term demand assumptions. Read More.
• Neutral Sentiment: Short‑term price action: the stock registered a small bounce in the latest session, but that does not yet reverse the recent multi‑month pullback. Read More.
• Neutral Sentiment: Relative performance: FSLR has lagged some clean‑energy peers year‑to‑date, which may influence fund flows even if fundamentals remain intact. Read More.
• Negative Sentiment: Clustered insider selling: a number of senior executives (including the CEO and other C‑suite members) sold shares in early March — concentrated monetizations elevate near‑term downside sentiment. Read More.
• Negative Sentiment: Pomerantz LLP investor alert — a law firm investigation into potential investor claims introduces litigation/regulatory uncertainty that typically weighs on the stock until resolved. Read More.
• Negative Sentiment: Technical and valuation signals: recent analyst and market commentary highlight a notable pullback and that FSLR is trading below its 50‑ and 200‑day moving averages — this can trigger technical selling and pressure sentiment. Read More.
• Negative Sentiment: Some analysts have trimmed targets or moved to Hold in recent weeks (mixed analyst action increases near‑term uncertainty despite an overall “Moderate Buy” consensus). Read More.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.