Insider Selling: First Solar (NASDAQ:FSLR) CTO Sells $205,592.00 in Stock

First Solar, Inc. (NASDAQ:FSLR) CTO Markus Gloeckler sold 829 shares of First Solar stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $248.00, for a total transaction of $205,592.00. Following the transaction, the chief technology officer owned 6,642 shares of the company’s stock, valued at approximately $1,647,216. The trade was a 11.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Markus Gloeckler also recently made the following trade(s):

• On Monday, August 3rd, Markus Gloeckler sold 3,425 shares of First Solar stock. The shares were sold at an average price of $218.95, for a total value of $749,903.75.

First Solar Stock Performance

Shares of NASDAQ:FSLR opened at $250.05 on Friday. The business’s fifty day moving average price is $241.00 and its two-hundred day moving average price is $225.26. The stock has a market cap of $26.87 billion, a PE ratio of 15.42, a price-to-earnings-growth ratio of 0.53 and a beta of 1.75. First Solar, Inc. has a one year low of $176.47 and a one year high of $320.95.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the firm posted $3.18 earnings per share. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, equities research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current fiscal year.

Institutional Trading of First Solar

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FSLR. Commonwealth Retirement Investments LLC acquired a new position in shares of First Solar during the 4th quarter valued at about $26,000. Reflection Asset Management purchased a new position in shares of First Solar during the 4th quarter worth about $26,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar in the second quarter worth approximately $26,000. Larson Financial Group LLC boosted its position in shares of First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in First Solar in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FSLR shares. Mizuho set a $237.00 target price on shares of First Solar in a report on Friday, July 31st. The Goldman Sachs Group lifted their price target on shares of First Solar from $300.00 to $310.00 in a report on Friday, May 1st. Morgan Stanley upped their price objective on shares of First Solar from $230.00 to $245.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Citigroup raised their target price on shares of First Solar from $294.00 to $297.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft raised shares of First Solar from a “hold” rating to a “buy” rating and lifted their target price for the stock from $245.00 to $272.00 in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.89.

First Solar News Roundup

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

• Positive Sentiment: The Trump administration imposed a 15% tariff and minimum import-price requirements on polysilicon and downstream products under Section 232. The policy, scheduled to take effect December 4, could reduce low-cost Chinese competition and support pricing for U.S. solar manufacturers. Solar stocks shine after Trump extends China tariffs to polysilicon products
• Positive Sentiment: First Solar publicly supported the action, saying it could help loosen China’s control of a critical solar-material supply chain. Chinese producers reportedly account for more than 90% of global polysilicon supply. First Solar applauds Section 232 action
• Positive Sentiment: Wells Fargo raised its price target from $300 to $313 and maintained an overweight rating, saying the trade action could benefit First Solar more than previously expected. HSBC also upgraded the stock from hold to buy, reinforcing improving analyst sentiment. First Solar clears aggressive buy point
• Neutral Sentiment: The company’s earlier quarterly earnings beat remains a supportive backdrop: First Solar reported $3.92 in earnings per share versus the $2.90 consensus estimate, although revenue declined 3.4% year over year. Its contracted backlog and domestic capacity expansion provide longer-term visibility, but investors remain focused on earnings durability.
• Negative Sentiment: Several law firms are promoting a securities class action against First Solar and certain executives concerning alleged disclosures about production underutilization, South Carolina onshoring costs and related risks. The allegations remain unproven, but the August 24 lead-plaintiff deadline adds legal and reputational uncertainty. Pomerantz class action announcement

About First Solar

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.