Mark Widmar Sells 1,526 Shares of First Solar (NASDAQ:FSLR) Stock

First Solar, Inc. (NASDAQ:FSLR) CEO Mark Widmar sold 1,526 shares of First Solar stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $329,051.38. Following the sale, the chief executive officer owned 105,074 shares in the company, valued at $22,657,106.62. This represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

First Solar Price Performance

Shares of FSLR stock opened at $218.00 on Thursday. The business’s fifty day moving average is $197.53 and its 200 day moving average is $231.53. 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 stock has a market cap of $23.42 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 0.49 and a beta of 1.57. First Solar, Inc. has a twelve month low of $125.80 and a twelve month high of $285.99.

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

Hedge Funds Weigh In On First Solar

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FSLR. Aventura Private Wealth LLC bought a new stake in shares of First Solar in the 4th quarter worth $25,000. Reflection Asset Management bought a new position in shares of First Solar during the fourth quarter valued at $26,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar during the fourth quarter valued at $26,000. Larson Financial Group LLC boosted its position in shares of First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new stake in First Solar in the 4th quarter worth about $30,000. 92.08% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FSLR shares. Wall Street Zen cut shares of First Solar from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Susquehanna lowered their target price on shares of First Solar from $280.00 to $250.00 and set a “positive” rating for the company in a report on Thursday, April 9th. TD Cowen dropped their price target on First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Barclays cut their price target on First Solar from $228.00 to $213.00 and set an “overweight” rating on the stock in a research note on Monday, April 20th. Finally, The Goldman Sachs Group raised their price objective on First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, First Solar currently has an average rating of “Moderate Buy” and an average price target of $246.10.

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.

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.