First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Michael Koralewski sold 215 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $46,360.45. Following the sale, the insider owned 14,642 shares in the company, valued at approximately $3,157,254.46. This represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Michael Koralewski also recently made the following trade(s):
- On Monday, March 16th, Michael Koralewski sold 264 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total value of $53,011.20.
- On Monday, March 9th, Michael Koralewski sold 756 shares of First Solar stock. The shares were sold at an average price of $190.36, for a total value of $143,912.16.
- On Tuesday, March 3rd, Michael Koralewski sold 1,330 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total value of $260,586.90.
First Solar Price Performance
Shares of FSLR stock opened at $214.57 on Friday. The stock’s fifty day simple moving average is $196.96 and its 200 day simple moving average is $231.41. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. The firm has a market cap of $23.06 billion, a price-to-earnings ratio of 13.86, a P/E/G ratio of 0.48 and a beta of 1.57. First Solar, Inc. has a one year low of $127.32 and a one year high of $285.99.
Key Headlines Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Q1 beat and healthy fundamentals: First Solar reported stronger‑than‑expected Q1 results (EPS and revenue upside, strong margins), which supports the company’s medium‑term earnings outlook. Read More.
- Positive Sentiment: Brokerage support: Several firms have reiterated buys or raised targets recently (Freedom Broker/Freedom Capital upgrade to strong‑buy, Barclays and Susquehanna issued buy notes, HSBC raised its PT to $231), giving buyers ammunition. Read More.
- Neutral Sentiment: Multiple executive Form 4 filings show modest insider sales; company says sales were to cover tax withholding on vested awards — routine but sometimes interpreted as short‑term selling pressure. Read More.
- Neutral Sentiment: Analyst scorecard is mixed: while many analysts remain constructive, several have adjusted price targets and ratings incrementally — the street’s consensus is still a “Moderate Buy” but with a wide range of PTs. Read More.
- Neutral Sentiment: Sector context: peer reports are mixed (e.g., SolarEdge posted a wider Q1 loss even as revenues rose), which can create uneven flows across solar names. Read More.
- Negative Sentiment: Regulatory and demand uncertainty flagged by commentators: several pieces warn that unresolved policy (Section 201/232 and other rules) and order cadence risks could blunt near‑term upside and increase volatility. Read More.
- Negative Sentiment: Bearish analysis highlights downside scenarios — watch module ASPs, order flow and final policy outcomes; these items likely explain some of the profit‑taking after recent gains. Read More.
Analyst Ratings Changes
FSLR has been the subject of a number of recent research reports. Wells Fargo & Company dropped their target price on First Solar from $285.00 to $255.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. TD Cowen dropped their price objective on First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. UBS Group dropped their price objective on First Solar from $300.00 to $290.00 and set a “buy” rating for the company in a report on Monday. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Barclays dropped their price objective on First Solar from $228.00 to $213.00 and set an “overweight” rating for the company in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $246.10.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Aventura Private Wealth LLC acquired a new position in shares of First Solar during the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of First Solar during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new position in shares of First Solar during the fourth quarter worth 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 owned by institutional investors and hedge funds.
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.
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