Nathan Theurer Sells 324 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) CAO Nathan Theurer sold 324 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $195.70, for a total transaction of $63,406.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

First Solar Trading Down 1.3%

Shares of First Solar stock opened at $197.56 on Friday. The company has a fifty day simple moving average of $228.81 and a 200-day simple moving average of $235.89. The stock 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 current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 12-month low of $116.56 and a 12-month high of $285.99.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on FSLR shares. Jefferies Financial Group restated a “hold” rating and issued a $205.00 price target on shares of First Solar in a research report on Thursday, February 26th. UBS Group reduced their price objective on shares of First Solar from $330.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Bank of America lowered their price objective on First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Guggenheim lifted their target price on First Solar from $289.00 to $312.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Finally, Needham & Company LLC upped their price target on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $249.65.

Institutional Investors Weigh In On First Solar

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Aventura Private Wealth LLC purchased a new stake in First Solar during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in First Solar during the fourth quarter valued at approximately $26,000. Reflection Asset Management purchased a new stake in shares of First Solar during the fourth quarter worth $26,000. Strategic Wealth Investment Group LLC acquired a new stake in First Solar during the 2nd quarter worth approximately $26,000. Finally, Larson Financial Group LLC grew its position in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after buying an additional 55 shares in the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar News Summary

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.

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.