First Solar (NASDAQ:FSLR) Trading Down 5% After Insider Selling

First Solar, Inc. (NASDAQ:FSLR) shares were down 5% on Wednesday after an insider sold shares in the company. The stock traded as low as $231.11 and last traded at $228.9130. Approximately 520,107 shares were traded during trading, a decline of 78% from the average session volume of 2,413,969 shares. The stock had previously closed at $240.91.

Specifically, General Counsel Jason E. Dymbort sold 3,700 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total transaction of $922,706.00. Following the sale, the general counsel directly owned 5,624 shares in the company, valued at $1,402,513.12. This trade represents a 39.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

FSLR has been the subject of several recent analyst reports. Mizuho set a $324.00 target price on shares of First Solar in a report on Thursday. BMO Capital Markets decreased their price target on First Solar from $252.00 to $237.00 and set a “market perform” rating on the stock in a report on Monday, April 20th. Weiss Ratings upgraded First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 25th. UBS Group upped their price objective on First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Finally, Susquehanna increased their target price on First Solar from $250.00 to $270.00 and gave the stock a “positive” rating in a research report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, First Solar currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.79.

First Solar News Summary

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

• Positive Sentiment: Robert W. Baird upgraded First Solar, a constructive signal that could improve investor sentiment and attract buying interest. First Solar Upgraded at Robert W. Baird
• Positive Sentiment: New U.S. solar-panel trade measures, including a $0.38-per-watt minimum import price and a 15% duty on certain polysilicon imports, could raise costs for foreign-manufacturing competitors. UBS and BNP Paribas said the measures may strengthen First Solar’s domestic competitive position. The Tariff That Helps First Solar And Hurts Everyone Else
• Neutral Sentiment: Commentary is highlighting First Solar’s exposure to growing clean-energy demand, including possible electricity demand from artificial-intelligence data centers. These are longer-term growth themes rather than immediate changes to earnings or guidance. Why Is First Solar in Focus as Clean Energy Draws Attention?
• Negative Sentiment: Multiple law firms publicized a securities class action against First Solar and certain officers. The alleged class period is February 26, 2025, through February 24, 2026, and the lead-plaintiff deadline is August 24, 2026. The notices allege misleading statements concerning tariff impacts and investor losses; the allegations have not been proven. Pomerantz Class Action Filing
• Negative Sentiment: General Counsel Jason Dymbort sold 3,700 shares worth approximately $922,706, reducing his holdings by about 39.7%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it may be less informative than a discretionary sale, but it remains a modest negative sentiment signal. Jason Dymbort Sells First Solar Shares

First Solar Stock Performance

The company has a market capitalization of $24.04 billion, a P/E ratio of 13.79, a P/E/G ratio of 0.50 and a beta of 1.75. The business’s fifty day simple moving average is $234.67 and its 200-day simple moving average is $224.87.

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

Hedge Funds Weigh In On First Solar

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSLR. Commonwealth Retirement Investments LLC bought a new stake in First Solar in the 4th quarter worth approximately $26,000. Reflection Asset Management bought a new position in shares of First Solar during the 4th quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC purchased a new position in shares of First Solar in the second quarter valued at $26,000. Larson Financial Group LLC grew its holdings in shares of 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 bought a new stake in First Solar in the fourth quarter worth $30,000. 92.08% of the stock is owned by institutional investors.

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.