Alexander Bradley Sells 498 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) CFO Alexander Bradley sold 498 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $107,383.74. Following the sale, the chief financial officer owned 30,712 shares of the company’s stock, valued at approximately $6,622,428.56. This represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

First Solar Stock Down 0.6%

Shares of FSLR opened at $218.00 on Thursday. The firm’s 50-day simple moving average is $197.53 and its 200 day simple moving average is $231.53. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The firm has a market cap of $23.42 billion, a P/E ratio of 14.08, a price-to-earnings-growth ratio of 0.49 and a beta of 1.57. First Solar, Inc. has a 52 week low of $125.80 and a 52 week high of $285.99.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business’s revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.95 earnings per share. On average, analysts forecast that First Solar, Inc. will post 17.58 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FSLR. UBS Group dropped their target price on First Solar from $300.00 to $290.00 and set a “buy” rating for the company in a report on Monday. The Goldman Sachs Group boosted their price objective on shares of First Solar from $300.00 to $310.00 in a report on Friday, May 1st. Guggenheim lowered their target price on shares of First Solar from $312.00 to $269.00 and set a “buy” rating on the stock in a report on Tuesday, March 17th. Glj Research cut First Solar from a “buy” rating to a “hold” rating and cut their price target for the company from $314.43 to $207.82 in a research note on Wednesday, March 4th. Finally, Wolfe Research lowered First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, First Solar has an average rating of “Moderate Buy” and a consensus target price of $246.10.

Hedge Funds Weigh In On First Solar

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Aventura Private Wealth LLC acquired a new stake in shares of First Solar during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in First Solar during the fourth quarter valued at approximately $26,000. Reflection Asset Management acquired a new position in First Solar during the fourth quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the second quarter worth $26,000. Finally, Larson Financial Group LLC boosted its holdings 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 valued at $27,000 after purchasing an additional 55 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

More First Solar News

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

• Positive Sentiment: Q1 beat — First Solar reported stronger?than?expected results (EPS $3.22 vs. ~$2.87 est.; revenue +23.6% Y/Y to ~$1.04B) with robust margins, which supports earnings and valuation models. Read More.
• Positive Sentiment: Broker upgrade highlights policy upside — a recent Freedom Broker upgrade cited Section 232 (trade/policy tailwinds) as a potential catalyst for upside in FSLR. Read More.
• Neutral Sentiment: Analyst price?target moves are modest — HSBC raised its PT to $231 (hold), reflecting the Q1 print and policy dynamics but not a broad re?rating. Read More.
• Neutral Sentiment: Insider sales disclosed on May 5 — CEO and several senior officers sold modest blocks of stock at ~the recent market level to cover tax withholding on vested awards; filings indicate routine, tax?related sales rather than conviction selling, but markets can interpret clustered insider sales as a mild negative. Read More. and Read More.
• Neutral Sentiment: Sector/peer context — SolarEdge (SEDG) reported improving revenue but continued losses, underscoring mixed fundamentals across solar OEMs; useful for relative positioning but not a direct FSLR catalyst. Read More.
• Negative Sentiment: Regulatory and demand uncertainty flagged by analysts — several commentary pieces warn that pending policy decisions (Section 232/201 and other trade measures) and order cadence could create short?term demand risk and pressure near?term multiples. Read More.
• Negative Sentiment: Bearish analysis highlights downside scenarios — some analysts caution that module ASPs, order timing and policy finalization could expose FSLR to downside even after the earnings beat. Read More.

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.