First Solar (NASDAQ:FSLR) CEO Sells $1,054,023.32 in Stock

First Solar, Inc. (NASDAQ:FSLR) CEO Mark Widmar sold 5,537 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $190.36, for a total transaction of $1,054,023.32. Following the completion of the sale, the chief executive officer owned 99,879 shares in the company, valued at approximately $19,012,966.44. The trade was a 5.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

First Solar Price Performance

NASDAQ:FSLR opened at $197.56 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35. First Solar, Inc. has a one year low of $116.56 and a one year high of $285.99. The company has a fifty day moving average price of $228.81 and a 200 day moving average price of $235.89. The stock has a market cap of $21.20 billion, a P/E ratio of 13.90, a PEG ratio of 0.32 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the business earned $3.65 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current year.

Key First Solar News

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

• Positive Sentiment: Barclays reiterated an Overweight rating on FSLR, signaling confidence in demand and growth even as it trimmed its price target — this preserves analyst support for the growth story. Read More.
• Positive Sentiment: Sector and media coverage continue to frame First Solar as a structural clean‑energy play (domestic manufacturing, CdTe tech, utility‑scale backlog), which supports longer‑term demand expectations for the stock. Read More.
• Neutral Sentiment: Analyst views are mixed: some firms trimmed targets or downgraded while others maintained or raised targets, leaving a consensus “Moderate Buy” but with a wide range of valuations — a source of cross‑currents for traders. Read More.
• Neutral Sentiment: Large institutional ownership (over 90%) and recent small inflows/outflows mean moves can be magnified by concentration of holders; institutional activity is worth watching but not yet decisive. Read More.
• Negative Sentiment: Multiple senior executives executed sizable sales on March 9–10 (including CEO Mark Widmar and other C‑suite members). The clustered nature and scale of the sales are being read negatively by the market and can amplify short‑term downside. Read More.
• Negative Sentiment: Pomerantz LLP issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny raises uncertainty and typically acts as a near‑term headwind. Read More.
• Negative Sentiment: Technical and valuation pressure: the shares have pulled back notably over recent weeks and are trading below their 50‑ and 200‑day moving averages, which can trigger technical selling and drag sentiment. Read More.
• Negative Sentiment: Recent quarter: revenue beat but EPS missed consensus (reported $4.84 vs. $5.22 est.), a mixed result that leaves room for near‑term analyst caution. Read More.

Hedge Funds Weigh In On First Solar

Hedge funds and other institutional investors have recently modified their holdings of the stock. Green Ridge Wealth Planning LLC bought a new stake in First Solar in the fourth quarter valued at $234,000. Mengis Capital Management Inc. raised its stake in First Solar by 26.1% during the fourth quarter. Mengis Capital Management Inc. now owns 7,243 shares of the solar cell manufacturer’s stock worth $1,892,000 after acquiring an additional 1,500 shares in the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of First Solar during the fourth quarter valued at $2,952,000. Employees Provident Fund Board acquired a new stake in shares of First Solar in the 4th quarter valued at $25,531,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of First Solar in the 4th quarter valued at $107,000. Institutional investors own 92.08% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Royal Bank Of Canada cut their price target on First Solar from $258.00 to $236.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c+)” rating on shares of First Solar in a research report on Monday, December 29th. Wall Street Zen lowered First Solar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. BMO Capital Markets set a $263.00 target price on First Solar in a research report on Thursday, January 29th. Finally, Freedom Capital downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.