Jason Dymbort Sells 409 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 409 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total value of $88,192.67. Following the completion of the sale, the general counsel owned 10,409 shares in the company, valued at $2,244,492.67. The trade was a 3.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

First Solar Stock Performance

First Solar stock opened at $218.00 on Thursday. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $23.42 billion, a P/E ratio of 14.08, a PEG ratio of 0.49 and a beta of 1.57. The stock’s 50 day moving average is $197.53 and its 200 day moving average is $231.53. First Solar, Inc. has a twelve month low of $125.80 and a twelve month high of $285.99.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.35. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.95 EPS. On average, equities research analysts predict that First Solar, Inc. will post 17.58 earnings per share for the current fiscal year.

Hedge Funds Weigh In On First Solar

A number of institutional investors have recently bought and sold shares of the stock. AIA Group Ltd raised its holdings in First Solar by 2.1% in the 1st quarter. AIA Group Ltd now owns 5,948 shares of the solar cell manufacturer’s stock worth $1,173,000 after purchasing an additional 120 shares during the period. Quadrant Private Wealth Management LLC raised its holdings in First Solar by 39.0% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 23,606 shares of the solar cell manufacturer’s stock worth $4,657,000 after purchasing an additional 6,625 shares during the period. Watershed Asset Management L.L.C. bought a new position in First Solar in the 1st quarter worth $450,000. Assetmark Inc. raised its holdings in First Solar by 3,457.5% in the 1st quarter. Assetmark Inc. now owns 21,238 shares of the solar cell manufacturer’s stock worth $4,189,000 after purchasing an additional 20,641 shares during the period. Finally, Gallacher Capital Management LLC bought a new position in First Solar in the 1st quarter worth $210,000. 92.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on the company. Raymond James Financial assumed coverage on First Solar in a research note on Monday, January 12th. They set a “market perform” rating on the stock. Susquehanna cut their target price on First Solar from $280.00 to $250.00 and set a “positive” rating on the stock in a research note on Thursday, April 9th. Zacks Research upgraded First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. cut their target price on First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Finally, Wall Street Zen downgraded First Solar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $246.10.

First Solar News Summary

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

• Positive Sentiment: Q1 beat — First Solar reported stronger‑than‑expected results (EPS $3.22 vs. ~$2.87 est.; revenue +23.6% Y/Y to ~$1.04B) with robust margins, which supports earnings and valuation models. Read More.
• Positive Sentiment: Broker upgrade highlights policy upside — a recent Freedom Broker upgrade cited Section 232 (trade/policy tailwinds) as a potential catalyst for upside in FSLR. Read More.
• Neutral Sentiment: Analyst price‑target moves are modest — HSBC raised its PT to $231 (hold), reflecting the Q1 print and policy dynamics but not a broad re‑rating. Read More.
• Neutral Sentiment: Insider sales disclosed on May 5 — CEO and several senior officers sold modest blocks of stock at ~the recent market level to cover tax withholding on vested awards; filings indicate routine, tax‑related sales rather than conviction selling, but markets can interpret clustered insider sales as a mild negative. Read More. and Read More.
• Neutral Sentiment: Sector/peer context — SolarEdge (SEDG) reported improving revenue but continued losses, underscoring mixed fundamentals across solar OEMs; useful for relative positioning but not a direct FSLR catalyst. Read More.
• Negative Sentiment: Regulatory and demand uncertainty flagged by analysts — several commentary pieces warn that pending policy decisions (Section 232/201 and other trade measures) and order cadence could create short‑term demand risk and pressure near‑term multiples. Read More.
• Negative Sentiment: Bearish analysis highlights downside scenarios — some analysts caution that module ASPs, order timing and policy finalization could expose FSLR to downside even after the earnings beat. Read More.

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.