Kuntal Kumar Verma Sells 479 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) insider Kuntal Kumar Verma sold 479 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $103,286.77. Following the sale, the insider directly owned 9,490 shares of the company’s stock, valued at $2,046,328.70. This represents a 4.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kuntal Kumar Verma also recently made the following trade(s):

• On Wednesday, April 15th, Kuntal Kumar Verma sold 573 shares of First Solar stock. The shares were sold at an average price of $210.00, for a total transaction of $120,330.00.
• On Tuesday, March 17th, Kuntal Kumar Verma sold 180 shares of First Solar stock. The shares were sold at an average price of $199.53, for a total transaction of $35,915.40.
• On Monday, March 16th, Kuntal Kumar Verma sold 392 shares of First Solar stock. The stock was sold at an average price of $200.80, for a total transaction of $78,713.60.
• On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The stock was sold at an average price of $195.70, for a total transaction of $79,845.60.
• On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The stock was sold at an average price of $190.36, for a total transaction of $263,838.96.
• On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The stock was sold at an average price of $196.95, for a total transaction of $143,379.60.
• On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The stock was sold at an average price of $195.93, for a total transaction of $671,256.18.

First Solar Stock Performance

FSLR stock traded up $7.82 during mid-day trading on Tuesday, hitting $219.21. 3,163,381 shares of the company were exchanged, compared to its average volume of 2,362,970. The business has a 50 day simple moving average of $198.46 and a 200-day simple moving average of $231.85. The company has a current ratio of 2.56, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $23.55 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 0.48 and a beta of 1.57. First Solar, Inc. has a 1-year low of $125.80 and a 1-year 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 the consensus estimate of $2.87 by $0.35. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The business’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period last year, the business posted $1.95 earnings per share. On average, equities analysts forecast that First Solar, Inc. will post 17.33 earnings per share for the current year.

Hedge Funds Weigh In On First Solar

Several hedge funds and other institutional investors have recently made changes to their positions in FSLR. Norges Bank acquired a new position in shares of First Solar in the 4th quarter valued at approximately $392,040,000. Viking Global Investors LP raised its position 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 buying an additional 854,919 shares in the last quarter. Polar Capital Holdings Plc acquired a new position in shares of First Solar in the 4th quarter valued at approximately $200,109,000. Lightrock Netherlands B.V. raised its position in shares of First Solar by 2,663.8% in the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock valued at $174,059,000 after buying an additional 642,199 shares in the last quarter. Finally, Amundi increased its stake in shares of First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after purchasing an additional 564,032 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

First Solar News Summary

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on FSLR. DZ Bank raised First Solar to a “strong sell” rating in a report on Thursday, February 26th. Evercore lifted their target price on First Solar from $212.00 to $219.00 in a report on Monday. 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. Mizuho dropped their target price on First Solar from $271.00 to $243.00 and set an “outperform” rating for the company in a report on Monday, April 27th. Finally, Argus decreased their target price on shares of First Solar from $300.00 to $250.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $246.10.

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.