Rep. Gilbert Ray Cisneros, Jr. Sells First Solar, Inc. (NASDAQ:FSLR) Stock

Posted by Micah Haroldson on Mar 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of First Solar, Inc. (NASDAQ:FSLR). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in First Solar stock on February 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

First Solar Trading Up 1.2%

Shares of FSLR opened at $200.25 on Thursday. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The firm has a market cap of $21.49 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.32 and a beta of 1.65. The firm has a 50 day moving average price of $230.08 and a 200-day moving average price of $236.15. 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 (NASDAQ:FSLR – Get Free Report) last released its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS 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 net margin of 29.28% and a return on equity of 17.32%. First Solar’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $3.65 EPS. As a group, equities research analysts forecast 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: Analyst support remains: Barclays reiterated an Overweight rating (while trimming its price target), signaling confidence in demand and the company’s growth trajectory — this helps underpin buying interest. Read More.
Positive Sentiment: Broader analyst/backing and coverage (several buys and outperform ratings from firms such as Guggenheim and Goldman cited in recent notes) reinforce a longer‑term bullish view even as some targets were trimmed — supports conviction among growth/value investors. Read More.
Neutral Sentiment: Market context: Zacks notes FSLR rose while the broader market dipped — a near‑term technical/flow event rather than fundamental news. Traders may have rotated into defensible renewable names on the pullback. Read More.
Neutral Sentiment: Relative performance note: commentary that FSLR has lagged some energy peers in 2026 is more market narrative than company news, but can weigh on sentiment/flows if investors favor cyclical energy winners. Read More.
Negative Sentiment: Significant insider selling on March 9–10: multiple senior executives — including CEO Mark Widmar (5,537 shares, ~\$1.05M) and other C‑suite members — sold stock. The breadth of sales can be perceived as reduced insider exposure or opportunistic monetization and is a short‑term negative for investor sentiment. Read More.
Negative Sentiment: Pomerantz issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny increases uncertainty and is typically viewed as a near‑term headwind for the stock. Read More.

Hedge Funds Weigh In On First Solar

Hedge funds and other institutional investors have recently modified their holdings of the company. Aventura Private Wealth LLC bought a new stake in shares of First Solar in the fourth quarter worth about $25,000. Reflection Asset Management purchased a new position in First Solar during the 4th quarter valued at about $26,000. Commonwealth Retirement Investments LLC bought a new position in First Solar during the 4th quarter valued at approximately $26,000. Larson Financial Group LLC lifted its holdings in First Solar by 117.0% in the 4th 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. Finally, Elyxium Wealth LLC purchased a new stake in First Solar in the 4th quarter worth approximately $30,000. 92.08% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Alexander R. Bradley sold 3,194 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $625,800.42. Following the transaction, the chief financial officer directly owned 40,794 shares of the company’s stock, valued at approximately $7,992,768.42. The trade was a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Markus Gloeckler sold 3,640 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $196.95, for a total value of $716,898.00. Following the completion of the sale, the chief technology officer directly owned 8,037 shares of the company’s stock, valued at $1,582,887.15. The trade was a 31.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 47,761 shares of company stock valued at $9,276,424. 0.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FSLR. Wells Fargo & Company reduced their price objective on First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Daiwa Securities Group boosted their target price on First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a research note on Tuesday, December 9th. Rothschild & Co Redburn increased their target price on First Solar from $150.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. TD Cowen reduced their price target on First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Finally, Needham & Company LLC lifted their price target on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Twenty analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, First Solar has a consensus rating of “Moderate Buy” and an average price target of $249.65.

Check Out Our Latest Research Report on FSLR

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.