First Solar (NASDAQ:FSLR) Insider Sells $1,550,570.00 in Stock

First Solar, Inc. (NASDAQ:FSLR) insider Michael Koralewski sold 7,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the sale, the insider directly owned 7,642 shares of the company’s stock, valued at approximately $1,692,779.42. This represents a 47.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Solar Trading Up 2.4%

Shares of FSLR opened at $250.05 on Friday. The business’s 50-day moving average price is $241.00 and its 200 day moving average price is $225.26. The stock has a market capitalization of $26.87 billion, a P/E ratio of 15.42, a P/E/G ratio of 0.53 and a beta of 1.75. First Solar, Inc. has a 1-year low of $176.47 and a 1-year high of $320.95.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the firm earned $3.18 earnings per share. The business’s quarterly revenue was down 3.4% on a year-over-year basis. On average, research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current year.

Institutional Investors Weigh In On First Solar

A number of institutional investors have recently modified their holdings of FSLR. Commonwealth Retirement Investments LLC acquired a new position in shares of First Solar in the fourth quarter worth $26,000. Reflection Asset Management acquired a new stake in First Solar during the fourth quarter valued at $26,000. Strategic Wealth Investment Group LLC acquired a new stake in First Solar during the second quarter valued at $26,000. Larson Financial Group LLC grew its stake in First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after purchasing an additional 55 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new position in First Solar in the 4th quarter worth about $30,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar News Roundup

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

• Positive Sentiment: The Trump administration imposed a 15% tariff and minimum import-price requirements on polysilicon and downstream products under Section 232. The policy, scheduled to take effect December 4, could reduce low-cost Chinese competition and support pricing for U.S. solar manufacturers. Solar stocks shine after Trump extends China tariffs to polysilicon products
• Positive Sentiment: First Solar publicly supported the action, saying it could help loosen China’s control of a critical solar-material supply chain. Chinese producers reportedly account for more than 90% of global polysilicon supply. First Solar applauds Section 232 action
• Positive Sentiment: Wells Fargo raised its price target from $300 to $313 and maintained an overweight rating, saying the trade action could benefit First Solar more than previously expected. HSBC also upgraded the stock from hold to buy, reinforcing improving analyst sentiment. First Solar clears aggressive buy point
• Neutral Sentiment: The company’s earlier quarterly earnings beat remains a supportive backdrop: First Solar reported $3.92 in earnings per share versus the $2.90 consensus estimate, although revenue declined 3.4% year over year. Its contracted backlog and domestic capacity expansion provide longer-term visibility, but investors remain focused on earnings durability.
• Negative Sentiment: Several law firms are promoting a securities class action against First Solar and certain executives concerning alleged disclosures about production underutilization, South Carolina onshoring costs and related risks. The allegations remain unproven, but the August 24 lead-plaintiff deadline adds legal and reputational uncertainty. Pomerantz class action announcement

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. TD Cowen reaffirmed a “buy” rating on shares of First Solar in a research note on Monday, July 20th. Morgan Stanley increased their target price on First Solar from $230.00 to $245.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Roth Capital reaffirmed a “buy” rating and issued a $300.00 target price on shares of First Solar in a research report on Friday, July 24th. Jefferies Financial Group set a $196.00 price target on First Solar in a research report on Monday. Finally, Weiss Ratings raised First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $254.89.

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.