Kuntal Kumar Verma Sells 180 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) insider Kuntal Kumar Verma sold 180 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $199.53, for a total value of $35,915.40. Following the completion of the transaction, the insider directly owned 9,436 shares in the company, valued at approximately $1,882,765.08. This trade represents a 1.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Kuntal Kumar Verma also recently made the following trade(s):

• On Monday, March 16th, Kuntal Kumar Verma sold 392 shares of First Solar stock. The stock was sold at an average price of $200.80, for a total value of $78,713.60.
• On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The shares were sold at an average price of $195.70, for a total transaction of $79,845.60.
• On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The shares were sold at an average price of $190.36, for a total transaction of $263,838.96.
• On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The stock was sold at an average price of $196.95, for a total transaction of $143,379.60.
• On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $671,256.18.

First Solar Trading Up 0.5%

Shares of First Solar stock traded up $0.94 on Tuesday, reaching $200.42. The company had a trading volume of 1,358,366 shares, compared to its average volume of 2,623,352. The firm’s 50 day moving average price is $224.42 and its two-hundred day moving average price is $236.51. 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 $21.51 billion, a PE ratio of 14.10, a PEG ratio of 0.35 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data 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). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the business posted $3.65 EPS. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Sell-side analysts predict that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Trending Headlines about First Solar

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

• Positive Sentiment: Guggenheim kept a Buy rating while lowering its price target to $269 from $312, implying ~34% upside from the current price — a continued institutional vote of confidence despite the cut. Guggenheim price target update
• Positive Sentiment: Analyst/media coverage lists First Solar among undervalued renewable-energy stocks, reinforcing a value/mean‑reversion investment narrative (forward P/E cited as attractive). InsiderMonkey undervalued stocks article
• Neutral Sentiment: Several small insider sales were reported (e.g., Georges Antoun sold 245 shares at ~$200.80). These single, modest dispositions are routine for insiders and may not by themselves signal a change in company outlook. Antoun Form 4
• Negative Sentiment: Concentrated executive selling: the CFO sold 14,106 shares (~$2.82M; ~31.98% reduction), the General Counsel sold 9,022 shares (~$1.8M; ~48% reduction), and the CEO sold 1,937 shares (~$389k). Large, clustered sales by senior management can weigh on sentiment because they reduce insider ownership and may prompt questions about timing or outlook. Representative SEC filing: CFO sale. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, which introduces legal/financial risk and can increase headline volatility and potential liability concerns. Pomerantz investor alert

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. TD Cowen cut their price objective on First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Argus dropped their target price on First Solar from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Wells Fargo & Company cut 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. Wolfe Research cut shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Finally, Robert W. Baird reissued 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. Twenty research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.17.

Institutional Trading of First Solar

Several institutional investors have recently modified their holdings of the stock. Aventura Private Wealth LLC acquired a new position in First Solar in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Solar in the 4th quarter worth $26,000. Reflection Asset Management purchased a new stake in shares of First Solar in the fourth quarter valued at about $26,000. Strategic Wealth Investment Group LLC acquired a new position in shares of First Solar during the second quarter worth about $26,000. Finally, Larson Financial Group LLC raised its holdings 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 purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

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.