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

First Solar, Inc. (NASDAQ:FSLR) CAO Nathan Theurer sold 324 shares of the company’s stock in a transaction dated 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 document filed with the SEC, which can be accessed through this link.

First Solar Stock Performance

Shares of NASDAQ FSLR traded up $2.45 during mid-day trading on Wednesday, hitting $200.25. The company had a trading volume of 1,419,294 shares, compared to its average volume of 2,617,317. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99. The firm has a market cap of $21.49 billion, a P/E ratio of 14.09, a PEG ratio of 0.31 and a beta of 1.65. The business’s 50-day simple moving average is $231.30 and its 200-day simple moving average is $236.41. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 29.28% and a return on equity of 17.32%. The company’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.65 earnings per share. As a group, analysts predict that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company decreased their price target on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Robert W. Baird restated a “neutral” rating and issued a $205.00 price objective (down from $264.00) on shares of First Solar in a research note on Wednesday, February 25th. Rothschild & Co Redburn raised their price objective on shares of First Solar from $150.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. decreased their target price on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Finally, HSBC reissued a “hold” rating and issued a $211.00 target price (down from $280.00) on shares of First Solar in a research note on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $249.65.

First Solar News Roundup

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

• Positive Sentiment: Barclays reiterated an Overweight rating (keeps conviction in demand and growth outlook) even after trimming its price target to $228 from $279 — this provides analyst support that can underpin the stock. Barclays coverage
• Positive Sentiment: Macro/sector pieces reiterate First Solar’s structural advantages (U.S. domestic CdTe manufacturing, large utility‑scale backlog), reinforcing a multi‑year growth case that many investors still price in. MarketBeat megatrends article
• Neutral Sentiment: Market commentary notes FSLR has underperformed some energy peers year‑to‑date — a contextual point that can weigh on sentiment but is not company‑specific. 24/7 Wall St.
• Negative Sentiment: Widespread insider selling on March 9: CEO Mark Widmar sold 5,537 shares (~$1.05M at ~$190.36) and multiple senior executives (CFO, CTO, GC, CAO, EVP and others) also reduced holdings. The breadth and seniority of the sales can be perceived negatively by the market even if some sales are for diversification or liquidity. See SEC filing for CEO sale. 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 a near‑term headwind. GlobeNewswire / Pomerantz alert

Institutional Investors Weigh In On First Solar

Large investors have recently made changes to their positions in the company. Aventura Private Wealth LLC acquired a new stake in shares of First Solar during the 4th quarter worth about $25,000. Reflection Asset Management acquired a new position in First Solar in the fourth quarter valued at about $26,000. Commonwealth Retirement Investments LLC bought a new stake in First Solar during the fourth quarter worth about $26,000. Larson Financial Group LLC grew its stake 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 during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of First Solar during the fourth quarter worth approximately $30,000. Institutional investors own 92.08% of the company’s stock.

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.