First Solar (NASDAQ:FSLR) Insider Caroline Stockdale Sells 262 Shares

First Solar, Inc. (NASDAQ:FSLR) insider Caroline Stockdale sold 262 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total value of $56,495.06. Following the completion of the transaction, the insider owned 34,420 shares of the company’s stock, valued at $7,421,984.60. The trade was a 0.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Caroline Stockdale also recently made the following trade(s):

• On Monday, March 16th, Caroline Stockdale sold 335 shares of First Solar stock. The stock was sold at an average price of $200.80, for a total value of $67,268.00.
• On Monday, March 9th, Caroline Stockdale sold 1,041 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total value of $198,164.76.
• On Tuesday, March 3rd, Caroline Stockdale sold 1,650 shares of First Solar stock. The stock was sold at an average price of $195.93, for a total value of $323,284.50.

First Solar Price Performance

FSLR stock traded up $7.82 during mid-day trading on Tuesday, hitting $219.21. The company had a trading volume of 3,163,381 shares, compared to its average volume of 2,362,970. The company has a market capitalization of $23.55 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 0.48 and a beta of 1.57. First Solar, Inc. has a 12-month low of $125.80 and a 12-month high of $285.99. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $198.46 and a 200 day moving average price of $231.85.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, topping the consensus estimate of $2.87 by $0.35. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The business’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.95 EPS. On average, research analysts anticipate that First Solar, Inc. will post 17.33 earnings per share for the current year.

Institutional Investors Weigh In On First Solar

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of First Solar by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after purchasing an additional 464,130 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of First Solar by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after purchasing an additional 24,206 shares during the last quarter. Viking Global Investors LP lifted its stake in shares of First Solar by 60.6% in 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 purchasing an additional 854,919 shares during the last quarter. Amundi lifted its stake in shares of First Solar by 9.4% in the 4th quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock valued at $578,791,000 after purchasing an additional 189,626 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of First Solar in the 4th quarter valued at approximately $392,040,000. 92.08% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on FSLR shares. Bank of America reduced their price objective on First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Jefferies Financial Group reduced their price objective on First Solar from $205.00 to $187.00 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. HSBC lifted their price objective on First Solar from $211.00 to $231.00 and gave the stock a “hold” rating in a research note on Tuesday. Glj Research downgraded First Solar from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $314.43 to $207.82 in a research note on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft cut shares of First Solar from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $300.00 to $245.00 in a research note on Wednesday, February 25th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $246.10.

First Solar News Roundup

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

• Positive Sentiment: Q1 earnings beat — Q1 EPS of $3.22 (up ~65%) and revenue of $1.04B topped estimates, with margins and utilization highlighted as strengths. This is a primary driver of the rally. First Solar’s Q1 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Policy optimism — a broker upgrade cites potential upside if Section 232 rulings favor U.S. module producers; investors are pricing that potential into FSLR. First Solar upgraded at Freedom Broker as Section 232 seen driving upside
• Positive Sentiment: Reaffirmed outlook & backlog — company report and market writeups note record Q1 revenue, reaffirmed FY26 guidance and a large contracted backlog (strong revenue visibility), supporting the bull case. First Solar (FSLR) Is Up 9.3% After Record Q1 Results And Reaffirmed 2026 Outlook Has The Bull Case Changed?
• Positive Sentiment: Sector tailwinds — coverage noting growing clean-energy demand and favorable sector dynamics supports sentiment toward FSLR. First Solar In Focus As Clean Energy Demand Shapes Nasdaq Composite
• Neutral Sentiment: HSBC raised its price target to $231 (hold) — a modest lift to upside expectations but stops short of a buy endorsement. HSBC adjusts price target on First Solar to $231 from $211, maintains hold rating
• Neutral Sentiment: Evercore nudged its target to $219 and kept an in-line rating — effectively neutral vs. current levels. Evercore ISI adjusts price target on First Solar to $219 from $212, maintains in-line rating
• Negative Sentiment: Regulatory and demand risk flagged — analysis warns that policy uncertainty and possible demand slowdowns could introduce meaningful downside if tailwinds (e.g., tax credits, tariffs) don’t materialize as expected. First Solar Suffers Regulatory/Demand Uncertainty – Wait On The Sidelines First
• Negative Sentiment: Bear case remains — other commentary emphasizes persistent downside risk tied to execution, margin pressures and macro/regulatory shocks. First Solar: Still Providing Plenty Of Downside Risk

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.