Nathan Theurer Sells 96 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) CAO Nathan Theurer sold 96 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $199.53, for a total value of $19,154.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

First Solar Stock Up 0.5%

NASDAQ FSLR traded up $0.94 during trading on Tuesday, hitting $200.42. The stock had a trading volume of 1,358,366 shares, compared to its average volume of 2,623,352. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. The company’s 50-day moving average price is $224.42 and its two-hundred day moving average price is $236.51. The company has a market capitalization of $21.51 billion, a PE ratio of 14.10, a P/E/G ratio of 0.35 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing the consensus estimate of $5.22 by ($0.38). The business 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 revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business earned $3.65 earnings per share. As a group, sell-side analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FSLR. Aventura Private Wealth LLC acquired a new stake in First Solar in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in First Solar during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new position in First Solar during the fourth quarter worth approximately $26,000. Strategic Wealth Investment Group LLC bought a new stake in First Solar in the second quarter valued at approximately $26,000. Finally, Larson Financial Group LLC raised 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 buying an additional 55 shares during the period. 92.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FSLR has been the topic of several analyst reports. HSBC reissued a “hold” rating and set a $211.00 price target (down from $280.00) on shares of First Solar in a research report on Wednesday, February 25th. Wall Street Zen downgraded First Solar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. DZ Bank upgraded First Solar to a “strong sell” rating in a report on Thursday, February 26th. Evercore reduced their price target on First Solar from $241.00 to $212.00 in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. decreased their price target on First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $248.17.

Key Stories Impacting 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

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.