First Solar (NASDAQ:FSLR) CEO Mark Widmar Sells 5,537 Shares of Stock

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

First Solar Trading Up 1.2%

NASDAQ:FSLR opened at $197.80 on Wednesday. The firm’s fifty day moving average is $231.30 and its 200-day moving average is $236.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. First Solar, Inc. has a 52 week low of $116.56 and a 52 week high of $285.99. The firm has a market cap of $21.23 billion, a P/E ratio of 13.92, a P/E/G ratio of 0.31 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last announced its 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 firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business earned $3.65 EPS. Equities analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on FSLR. Argus decreased their target price on First Solar from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Bank of America decreased their price objective on First Solar from $291.00 to $271.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Royal Bank Of Canada cut their target price on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c+)” rating on shares of First Solar in a research note on Monday, December 29th. Finally, Raymond James Financial began coverage on shares of First Solar in a report on Monday, January 12th. They set a “market perform” rating for the company. Twenty investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $249.65.

Hedge Funds Weigh In On First Solar

Several institutional investors have recently bought and sold shares of the company. Mengis Capital Management Inc. raised its stake in shares of First Solar by 26.1% during the 4th quarter. Mengis Capital Management Inc. now owns 7,243 shares of the solar cell manufacturer’s stock valued at $1,892,000 after purchasing an additional 1,500 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in First Solar during the fourth quarter valued at about $2,952,000. Employees Provident Fund Board bought a new stake in First Solar during the fourth quarter worth about $25,531,000. Caitong International Asset Management Co. Ltd bought a new position in shares of First Solar during the 4th quarter valued at about $107,000. Finally, Reflection Asset Management purchased a new position in shares of First Solar during the 4th quarter valued at about $26,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Trending Headlines about First Solar

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

• Positive Sentiment: Barclays reiterated an Overweight rating (keeps confidence in demand and growth outlook) though it trimmed its price target to $228 from $279 — the call provides analyst support for the stock. Barclays coverage
• Positive Sentiment: MarketBeat/other coverage highlights First Solar as a durable clean‑energy/megatrend play (domestic manufacturing, CdTe tech, large utility backlog) — a reminder of structural demand that supports longer‑term upside. MarketBeat megatrends article
• Neutral Sentiment: News commentary notes FSLR has underperformed some energy peers so far in 2026; this is market context rather than company‑specific news and may influence sentiment but not fundamentals. 24/7 Wall St. piece
• Negative Sentiment: Multiple insiders sold shares on March 9, including CEO Mark Widmar (5,537 shares, ~$1.05M at ~$190.36). The breadth of sales by senior executives (CFO, CTO, GC, EVP, CAO and others) can be perceived negatively by investors as reduced insider exposure or opportunistic monetization; see CEO filing for details. SEC Form 4 (CEO Widmar)
• Negative Sentiment: Pomerantz LLP issued an investor alert saying it is investigating claims on behalf of First Solar investors — potential litigation or regulatory scrutiny increases uncertainty and is typically viewed as a near‑term headwind. GlobeNewswire / Pomerantz alert

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.