Insider Selling: First Solar (NASDAQ:FSLR) General Counsel Sells $922,706.00 in Stock

First Solar, Inc. (NASDAQ:FSLR) General Counsel Jason Dymbort sold 3,700 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total transaction of $922,706.00. Following the transaction, the general counsel directly owned 5,624 shares of the company’s stock, valued at approximately $1,402,513.12. This represents a 39.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Solar Price Performance

FSLR stock opened at $225.56 on Friday. The stock has a market capitalization of $24.24 billion, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 0.49 and a beta of 1.75. The company has a 50-day moving average of $233.60 and a two-hundred day moving average of $224.87. First Solar, Inc. has a 52-week low of $179.06 and a 52-week high of $320.95.

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

Institutional Trading of First Solar

A number of institutional investors and hedge funds have recently modified their holdings of the company. Apollon Wealth Management LLC raised its stake in shares of First Solar by 1.2% in the fourth quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after purchasing an additional 44 shares in the last quarter. Root Financial Partners LLC boosted its stake in First Solar by 18.2% during the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after buying an additional 45 shares in the last quarter. Fiduciary Financial Group LLC boosted its stake in First Solar by 2.3% during the second quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock worth $478,000 after buying an additional 45 shares in the last quarter. FIL Ltd increased its holdings in First Solar by 6.9% in the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after buying an additional 46 shares during the period. Finally, Fielder Capital Group LLC increased its holdings in First Solar by 4.1% in the 4th quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock valued at $312,000 after buying an additional 47 shares during the period. 92.08% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FSLR has been the subject of several research reports. Freedom Capital raised First Solar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. TD Cowen reiterated a “buy” rating on shares of First Solar in a research note on Monday, July 20th. The Goldman Sachs Group increased their price target on shares of First Solar from $300.00 to $310.00 in a report on Friday, May 1st. Zacks Research upgraded shares of First Solar from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Weiss Ratings upgraded shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, First Solar currently has an average rating of “Moderate Buy” and an average target price of $261.79.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Robert W. Baird upgraded First Solar to Outperform and established a $318 price target. The firm said a Section 232 tariff decision removes a key overhang and could allow customers to resume bookings, improving the company’s outlook. First Solar Upgraded at Robert W. Baird
• Positive Sentiment: Solar power generated more electricity than wind globally for the first time last year and nearly matched nuclear generation. The milestone supports the broader growth case for solar manufacturers such as First Solar, although it does not represent a company-specific earnings update. Solar Power Hits Big Milestone, Trumping Wind For First Time
• Neutral Sentiment: First Solar’s general counsel sold 3,700 shares worth approximately $922,706 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his holdings by about 40%, but the planned nature of the sale limits its value as a signal about management’s current expectations. Jason Dymbort Sells First Solar Shares
• Negative Sentiment: Multiple law firms are publicizing a securities class action against First Solar and certain officers. The alleged class period is February 26, 2025, through February 24, 2026, and investors have until August 24, 2026, to seek lead-plaintiff status. The notices allege securities-law violations and investor losses related to disclosures concerning tariffs and company guidance; the allegations have not been proven. Pomerantz First Solar Class Action Filing

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.