First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Kuntal Kumar Verma sold 728 shares of First Solar stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $196.95, for a total value of $143,379.60. Following the completion of the sale, the insider owned 7,606 shares of the company’s stock, valued at $1,498,001.70. The trade was a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Kuntal Kumar Verma also recently made the following trade(s):
- On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $671,256.18.
First Solar Stock Down 2.8%
Shares of FSLR traded down $5.47 during trading hours on Thursday, hitting $191.80. The company had a trading volume of 1,898,407 shares, compared to its average volume of 2,695,042. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $20.58 billion, a PE ratio of 13.50, a price-to-earnings-growth ratio of 0.31 and a beta of 1.65. First Solar, Inc. has a one year low of $116.56 and a one year high of $285.99. The company’s fifty day moving average price is $237.31 and its two-hundred day moving average price is $236.55.
Institutional Investors Weigh In On First Solar
Hedge funds have recently bought and sold shares of the stock. Mengis Capital Management Inc. boosted its holdings in First Solar by 26.1% in the 4th quarter. Mengis Capital Management Inc. now owns 7,243 shares of the solar cell manufacturer’s stock worth $1,892,000 after buying an additional 1,500 shares during the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of First Solar in the fourth quarter valued at approximately $2,952,000. Employees Provident Fund Board acquired a new stake in shares of First Solar in the fourth quarter worth approximately $25,531,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of First Solar during the fourth quarter worth approximately $107,000. Finally, Reflection Asset Management acquired a new position in First Solar in the 4th quarter valued at $26,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.
More First Solar News
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: First Solar expanded its U.S. manufacturing footprint with a new Louisiana factory and plans for another in South Carolina — a strategic move that supports long?term domestic capacity and potential contract wins. First Solar expands US manufacturing
- Neutral Sentiment: Multiple firms cut price targets (Evercore trimmed its target to $212) while mostly keeping constructive ratings, signaling analysts expect longer?term upside but see near?term margin/pricing pressures. Evercore price target action
- Neutral Sentiment: Morgan Stanley and Barclays also lowered targets (to ~$230 and $228) but maintained overweight/overweight stances — important for medium?term positioning but not an immediate bullish trigger. Morgan Stanley cuts Barclays cuts
- Neutral Sentiment: Short?interest feed shows spurious zero/NaN values in recent data — treat claims of a big short surge as data errors; there’s no reliable short?sale signal from those feeds today.
- Negative Sentiment: Q4 earnings missed consensus and management issued weak 2026 guidance — this is the proximate cause of the recent sharp pullback and has raised doubts about near?term margin recovery. Earnings/guidance coverage
- Negative Sentiment: Large, concentrated insider stock sales on March 3 from the CEO, CFO, CTO and other senior executives (executed around ~$196) increase negative sentiment and can amplify price pressure. Widmar Form 4
- Negative Sentiment: Pomerantz LLP opened an investor investigation into First Solar, adding legal and reputational risk that typically weighs on sentiment until resolved. Pomerantz investor alert
- Negative Sentiment: Independent commentators and outlets are highlighting structural risks (subsidy dependence, a cited “$2B problem”) and some high?profile negative takes (including Jim Cramer’s comment on the weak quarter), which amplify bearish sentiment. Jim Cramer commentary
- Negative Sentiment: Recent sell?side downgrades (e.g., Freedom Capital to Hold with a lower target) are reinforcing caution among investors focused on near?term execution and guidance. Freedom Capital downgrade
Analyst Ratings Changes
Several brokerages recently issued reports on FSLR. Wells Fargo & Company reduced their target price on First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley dropped their price target on First Solar from $275.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday. Daiwa Securities Group increased their price objective on shares of First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a research report on Tuesday, December 9th. Royal Bank Of Canada dropped their target price on shares of First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, Glj Research lowered shares of First Solar from a “buy” rating to a “hold” rating and cut their price target for the company from $314.43 to $207.82 in a research note on Wednesday. Twenty research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $249.65.
Check Out Our Latest Stock Report on FSLR
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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