First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Kuntal Kumar Verma sold 479 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $103,286.77. Following the transaction, the insider directly owned 9,490 shares in the company, valued at $2,046,328.70. This trade represents a 4.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Kuntal Kumar Verma also recently made the following trade(s):
- On Wednesday, April 15th, Kuntal Kumar Verma sold 573 shares of First Solar stock. The stock was sold at an average price of $210.00, for a total value of $120,330.00.
- On Tuesday, March 17th, Kuntal Kumar Verma sold 180 shares of First Solar stock. The shares were sold at an average price of $199.53, for a total transaction of $35,915.40.
- On Monday, March 16th, Kuntal Kumar Verma sold 392 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total transaction of $78,713.60.
- On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The shares were sold at an average price of $195.70, for a total value of $79,845.60.
- On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $263,838.96.
- On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The shares were sold at an average price of $196.95, for a total transaction of $143,379.60.
- 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 value of $671,256.18.
First Solar Trading Up 3.7%
Shares of First Solar stock opened at $219.21 on Wednesday. The firm has a market cap of $23.55 billion, a PE ratio of 14.16, a P/E/G ratio of 0.48 and a beta of 1.57. First Solar, Inc. has a 1 year low of $125.80 and a 1 year high of $285.99. 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 stock has a fifty day moving average price of $198.01 and a 200-day moving average price of $231.67.
Analyst Upgrades and Downgrades
Several brokerages recently commented on FSLR. Susquehanna reduced their price objective on shares of First Solar from $280.00 to $250.00 and set a “positive” rating for the company in a research note on Thursday, April 9th. Wall Street Zen cut shares of First Solar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Guggenheim cut their price target on shares of First Solar from $312.00 to $269.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. The Goldman Sachs Group boosted their price target on shares of First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Finally, Royal Bank Of Canada decreased their price target on shares of First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Eighteen 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $246.10.
View Our Latest Research Report on FSLR
Institutional Investors Weigh In On First Solar
Several institutional investors have recently bought and sold shares of the stock. Aventura Private Wealth LLC purchased a new stake in shares of First Solar during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of First Solar in the fourth quarter worth $26,000. Reflection Asset Management bought a new stake in First Solar during the 4th quarter valued at $26,000. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the 2nd quarter valued at $26,000. Finally, Larson Financial Group LLC boosted its position in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares during the period. 92.08% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Q1 results materially beat expectations — EPS $3.22 (vs. ~$2.87 est.) and revenue +23.6% Y/Y to $1.04B; strong margins and revenue growth support upside for the shares. Zacks: Q1 Earnings Beat
- Positive Sentiment: Broker upgrade/notes emphasize policy upside (Section 232) and potential near?term demand tailwinds, reinforcing investor optimism. Seeking Alpha: Freedom Broker Upgrade
- Neutral Sentiment: HSBC raised its price target to $231 (hold); Evercore nudged its PT to $219 (in-line). Both are incremental and largely reflect the Q1 print and policy/industry dynamics rather than sweeping analyst upgrades. MarketScreener: HSBC PT Raise
- Neutral Sentiment: Multiple executives filed Form 4s selling modest amounts of stock on May 5 to cover tax withholding on vested awards (CEO and several senior officers among them). These were routine/tax-related sales rather than large conviction sells, but markets sometimes interpret insider selling as a mild negative. SEC filing (example – CEO): SEC Form 4 (CEO)
- Neutral Sentiment: Company posted its Q1 results materials/earnings presentation (useful for modeling but not new news beyond the beat). Earnings Presentation
- Neutral Sentiment: Sector/market writeups highlight clean?energy demand and industrial tailwinds that can lift FSLR over time; helpful context but not immediate catalysts. Kalkine Media
- Negative Sentiment: Several analyst/commentary pieces warn of regulatory uncertainty and demand risk (cautionary views on Section 201/232 impacts and other policy/regulatory factors); these raise short?term risk appetite for some investors. Seeking Alpha: Regulatory/Demand Concern
- Negative Sentiment: Additional bearish analysis highlights downside risk despite recent strength — keep an eye on order cadence, module ASPs and policy finalizations. Seeking Alpha: Downside Risk
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.
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