Michael Koralewski Sells 7,000 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLRGet Free Report) insider Michael Koralewski sold 7,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the transaction, the insider directly owned 7,642 shares in the company, valued at approximately $1,692,779.42. The trade was a 47.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Solar Stock Performance

NASDAQ FSLR opened at $244.14 on Friday. First Solar, Inc. has a one year low of $176.47 and a one year high of $320.95. The stock has a 50-day moving average of $242.13 and a 200 day moving average of $225.09. The company has a market capitalization of $26.23 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 0.52 and a beta of 1.75.

First Solar (NASDAQ:FSLRGet Free Report) last issued its 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. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.First Solar’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.18 EPS. On average, equities analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group set a $196.00 target price on shares of First Solar in a report on Monday. Barclays boosted their target price on shares of First Solar from $213.00 to $279.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Wells Fargo & Company lowered their price target on First Solar from $320.00 to $300.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Truist Financial restated a “hold” rating and issued a $229.00 price target (down from $249.00) on shares of First Solar in a research note on Friday, July 31st. Finally, Morgan Stanley lifted their price objective on First Solar from $230.00 to $245.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $254.44.

Read Our Latest Analysis on First Solar

Institutional Trading of First Solar

Large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in First Solar during the fourth quarter valued at about $392,040,000. Viking Global Investors LP grew its stake in shares of First Solar by 60.6% during the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares during the period. Polar Capital Holdings Plc bought a new position in shares of First Solar during the 4th quarter valued at approximately $200,109,000. Bank of New York Mellon Corp bought a new position in shares of First Solar during the 2nd quarter valued at approximately $164,962,000. Finally, Lightrock Netherlands B.V. increased its holdings in First Solar by 2,663.8% in the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after acquiring an additional 642,199 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors.

Trending Headlines about First Solar

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

  • Positive Sentiment: First Solar applauded the Trump administration’s comprehensive Section 232 action on polysilicon and related products. The measures are intended to reduce China’s dominance of a solar-material supply chain in which Chinese producers control more than 90% of global output. Although First Solar primarily uses cadmium telluride thin-film technology rather than polysilicon, stronger import protections could improve the competitive environment for U.S. solar manufacturers. First Solar Applauds Section 232 Action
  • Positive Sentiment: Investor sentiment continues to benefit from First Solar’s recent quarterly earnings beat: adjusted EPS of $3.92 exceeded the $2.90 consensus estimate, while revenue reached approximately $1.06 billion and management reaffirmed its outlook. The company’s 45.1-gigawatt contracted backlog, planned capacity expansion and roughly $1.7 billion in net cash provide visibility and financial flexibility. First Solar Structural Growth and Financial Strength
  • Positive Sentiment: Analyst commentary and reported call-option activity point to continued expectations for upside, with the consensus analyst target near $254 and several firms maintaining positive ratings. Analyst Expects First Solar Stock to Rise
  • Neutral Sentiment: First Solar’s CTO Markus Gloeckler sold 829 shares for approximately $206,000 after also selling 3,425 shares earlier in the week. The transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their signaling value, although the lower insider ownership may still attract scrutiny. First Solar CTO Stock Sale
  • Negative Sentiment: Several law firms are promoting a securities class action covering investors who purchased FSLR between February 26, 2025, and February 24, 2026. The complaints allege inadequate disclosure of tariff exposure, facility underutilization and related costs; the claims remain unproven. The lead-plaintiff deadline is August 24, 2026, creating a continuing litigation overhang. First Solar Securities Class Action Deadline

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.

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Insider Buying and Selling by Quarter for First Solar (NASDAQ:FSLR)

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