First Solar, Inc. (NASDAQ:FSLR – Get Free Report) General Counsel Jason Dymbort sold 9,022 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $199.62, for a total value of $1,800,971.64. Following the completion of the transaction, the general counsel owned 9,850 shares in the company, valued at approximately $1,966,257. This trade represents a 47.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
First Solar Price Performance
Shares of NASDAQ FSLR opened at $197.81 on Thursday. 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 fifty-two week low of $116.56 and a fifty-two week high of $285.99. The business has a 50 day moving average price of $223.56 and a two-hundred day moving average price of $236.24. The firm has a market cap of $21.23 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65.
First Solar (NASDAQ:FSLR – Get Free Report) last announced its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (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 analyst estimates of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.65 earnings per share. Sell-side analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on First Solar
Trending Headlines about First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Guggenheim kept a Buy rating and trimmed its price target to $269 (from $312) — still implying sizable upside and signaling institutional conviction despite the cut. Guggenheim price target update
- Positive Sentiment: Polen Capital highlighted First Solar’s CdTe technology and favorable policy momentum (“One Big Beautiful Bill”), reinforcing the company’s competitive positioning in utility-scale solar. Polen Capital investor letter
- Positive Sentiment: Several media/analyst pieces continue to label FSLR undervalued on forward P/E metrics, which can attract value-focused buyers and support mean‑reversion. Undervalued renewable energy roundup
- Neutral Sentiment: Evercore ISI lowered its price target to $212 (from $241) but retained an In‑Line rating — a recalibration rather than a downgrade that may temper upside expectations. Evercore ISI price target cut
- Neutral Sentiment: Small, routine insider sales were reported (e.g., CAO Nathan Theurer sold 96 shares); such filings are common and often reflect personal liquidity rather than a signal on fundamentals. InsiderTrades CAO sale
- Negative Sentiment: Concentrated executive selling: multiple senior officers — notably the CFO (large 14,106‑share sale), General Counsel and CEO — disclosed significant reductions in positions. Clustered large sales from top executives are amplifying negative sentiment and raising investor questions. CFO Form 4
- Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing legal risk and potential headline‑driven volatility that investors should monitor closely. Pomerantz investor alert
Hedge Funds Weigh In On First Solar
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in shares of First Solar during the fourth quarter valued at approximately $392,040,000. Viking Global Investors LP lifted its holdings in shares of First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after purchasing an additional 854,919 shares during the last quarter. Polar Capital Holdings Plc acquired a new position in First Solar during the 4th quarter valued at approximately $200,109,000. Lightrock Netherlands B.V. boosted its position in First Solar by 2,663.8% during the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock valued at $174,059,000 after purchasing an additional 642,199 shares during the period. Finally, Amundi grew its stake in First Solar by 38.6% during the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock worth $459,917,000 after buying an additional 564,032 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.
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.
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