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

First Solar, Inc. (NASDAQ:FSLR) 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 transaction of $1,550,570.00. Following the completion of the transaction, the insider owned 7,642 shares of the company’s stock, valued at $1,692,779.42. This represents a 47.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Solar Stock Performance

Shares of FSLR stock opened at $236.80 on Thursday. The stock’s 50-day moving average is $243.32 and its two-hundred day moving average is $225.08. First Solar, Inc. has a 1 year low of $176.47 and a 1 year high of $320.95. The firm has a market cap of $25.44 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 0.53 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last posted its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating the consensus estimate of $2.90 by $1.02. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The business’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.18 EPS. As a group, research analysts predict that First Solar, Inc. will post 17.74 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on FSLR shares. Argus increased their price objective on First Solar from $250.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Guggenheim lifted their target price on shares of First Solar from $279.00 to $282.00 and gave the company a “buy” rating in a report on Monday. Weiss Ratings raised shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 25th. Evercore raised their price objective on shares of First Solar from $212.00 to $219.00 in a research report on Monday, May 4th. Finally, BMO Capital Markets dropped their price objective on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating on the stock in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, First Solar currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.44.

First Solar News Summary

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

• Positive Sentiment: First Solar’s quarterly results exceeded expectations, with earnings per share of $3.92 versus the $2.90 consensus estimate. Revenue was approximately $1.06 billion, and management reaffirmed its outlook, supporting confidence in execution and the company’s contracted backlog. ETFs in Spotlight as First Solar Shares Jump Post Q2 Earnings Beat
• Positive Sentiment: Reports that the Trump administration may consider tariffs or a price floor for solar-panel raw materials have boosted expectations for stronger protection of U.S. manufacturers, a potential benefit to First Solar’s domestic production and pricing. Solar Policy Reports
• Positive Sentiment: Analyst optimism and substantial call-option activity indicate that some market participants continue to expect additional upside, supported by First Solar’s reported 45-gigawatt backlog and long-term growth prospects. First Solar Stock Price Expected to Rise
• Neutral Sentiment: A valuation analysis argues that FSLR may still trade below estimated intrinsic value, though such projections depend heavily on future earnings, backlog conversion and industry conditions. Is First Solar Still Reasonable After Its 45 GW Backlog?
• Negative Sentiment: Several law firms publicized a securities class action alleging that First Solar and certain officers inadequately disclosed Series 6 production underutilization, South Carolina onshoring costs and related business risks. The August 24 lead-plaintiff deadline is keeping the allegations in focus, although the claims have not been proven. Pomerantz Class Action Announcement
• Negative Sentiment: Two executives, including CTO Markus Gloeckler, sold shares under pre-arranged Rule 10b5-1 plans. While scheduled sales do not necessarily signal deteriorating fundamentals, the reduction in their holdings may add short-term investor caution.

Institutional Investors Weigh In On First Solar

Several large investors have recently modified their holdings of FSLR. Reflection Asset Management purchased a new position in First Solar in the 4th quarter valued at $26,000. Commonwealth Retirement Investments LLC purchased a new position in First Solar during the 4th quarter worth $26,000. Larson Financial Group LLC lifted its stake in shares of First Solar by 117.0% in the 4th 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 period. Elyxium Wealth LLC acquired a new stake in shares of First Solar in the 4th quarter worth $30,000. Finally, MV Capital Management Inc. acquired a new stake in shares of First Solar in the 4th quarter worth $30,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

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.