First Solar, Inc. (NASDAQ:FSLR – Get Free Report)’s stock price was down 5% during mid-day trading on Wednesday after an insider sold shares in the company. The company traded as low as $231.11 and last traded at $228.9130. Approximately 520,107 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 2,413,969 shares. The stock had previously closed at $240.91.
Specifically, General Counsel Jason E. Dymbort sold 3,700 shares of the stock in a transaction dated 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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Analysts Set New Price Targets
FSLR has been the subject of a number of recent analyst reports. Zacks Research raised First Solar from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. BMO Capital Markets reduced their price objective on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. UBS Group upped their price objective on shares of First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Weiss Ratings upgraded shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. Finally, The Goldman Sachs Group lifted their target price on shares of First Solar from $300.00 to $310.00 in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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, a constructive signal that could improve investor sentiment and attract buying interest. First Solar Upgraded at Robert W. Baird
- Positive Sentiment: New U.S. solar-panel trade measures, including a $0.38-per-watt minimum import price and a 15% duty on certain polysilicon imports, could raise costs for foreign-manufacturing competitors. UBS and BNP Paribas said the measures may strengthen First Solar’s domestic competitive position. The Tariff That Helps First Solar And Hurts Everyone Else
- Neutral Sentiment: Commentary is highlighting First Solar’s exposure to growing clean-energy demand, including possible electricity demand from artificial-intelligence data centers. These are longer-term growth themes rather than immediate changes to earnings or guidance. Why Is First Solar in Focus as Clean Energy Draws Attention?
- Negative Sentiment: Multiple law firms publicized a securities class action against First Solar and certain officers. The alleged class period is February 26, 2025, through February 24, 2026, and the lead-plaintiff deadline is August 24, 2026. The notices allege misleading statements concerning tariff impacts and investor losses; the allegations have not been proven. Pomerantz Class Action Filing
- Negative Sentiment: General Counsel Jason Dymbort sold 3,700 shares worth approximately $922,706, reducing his holdings by about 39.7%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it may be less informative than a discretionary sale, but it remains a modest negative sentiment signal. Jason Dymbort Sells First Solar Shares
First Solar Stock Performance
The stock has a market capitalization of $24.04 billion, a price-to-earnings ratio of 13.79, a PEG ratio of 0.50 and a beta of 1.75. The company’s 50 day moving average is $234.67 and its 200 day moving average is $224.87.
First Solar (NASDAQ:FSLR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the business posted $3.18 EPS. The business’s quarterly revenue was down 3.4% on a year-over-year basis. On average, equities research analysts anticipate that First Solar, Inc. will post 17.75 earnings per share for the current fiscal year.
Institutional Investors Weigh In On First Solar
A number of institutional investors have recently added to or reduced their stakes in the company. Van Hulzen Asset Management LLC acquired a new stake in shares of First Solar during the 2nd quarter worth approximately $232,000. Fiduciary Financial Advisors acquired a new position in shares of First Solar in the second quarter valued at $46,000. Vega Investment Solutions acquired a new stake in First Solar during the second quarter worth $40,000. Partners Capital Investment Group LLP acquired a new position in shares of First Solar in the 2nd quarter valued at $416,000. Finally, Hill City Capital LP bought a new position in shares of First Solar during the 2nd quarter worth about $620,134,000. 92.08% of the stock is owned by institutional investors and hedge funds.
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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