First Solar (NASDAQ:FSLR) CFO Alexander Bradley Sells 14,106 Shares of Stock

First Solar, Inc. (NASDAQ:FSLRGet Free Report) CFO Alexander Bradley sold 14,106 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $199.97, for a total value of $2,820,776.82. Following the completion of the sale, the chief financial officer owned 30,000 shares of the company’s stock, valued at $5,999,100. This represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

First Solar Price Performance

Shares of FSLR opened at $200.42 on Wednesday. The stock has a market cap of $21.51 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99. The stock’s 50-day moving average price is $224.42 and its two-hundred day moving average price is $236.51. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03.

First Solar (NASDAQ:FSLRGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the company earned $3.65 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. On average, equities analysts predict that First Solar, Inc. will post 13.05 earnings per share for the current year.

Key Headlines 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

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Guggenheim reduced their price target on shares of First Solar from $312.00 to $269.00 and set a “buy” rating on the stock in a research report on Tuesday. TD Cowen dropped their price objective on First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft lowered First Solar from a “buy” rating to a “hold” rating and reduced their target price for the stock from $300.00 to $245.00 in a report on Wednesday, February 25th. Freedom Capital cut First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Finally, Argus lowered their price target on First Solar from $300.00 to $250.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. Twenty 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 MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $248.17.

View Our Latest Research Report on FSLR

Institutional Investors Weigh In On First Solar

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aventura Private Wealth LLC bought a new position in First Solar during the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Solar in the 4th quarter valued at about $26,000. Reflection Asset Management bought 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 boosted its position in shares of 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 period. 92.08% of the stock is currently owned by institutional investors and hedge funds.

About First Solar

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for First Solar (NASDAQ:FSLR)

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