Insider Selling: First Solar (NASDAQ:FSLR) Insider Sells $263,838.96 in Stock

Key Points

• Clustered insider selling: Kuntal Kumar Verma sold 1,386 shares on March 9 at $190.36 for $263,838.96 (reducing his stake by 12.72%), and executed additional sales earlier in March, while other senior officers — including the CEO — also disclosed sales at similar levels.
• Mixed quarterly results: First Solar missed EPS estimates ($4.84 vs. $5.22) but beat revenue expectations ($1.68B vs. $1.59B), with a strong net margin (29.28%) and 11.1% year‑over‑year revenue growth.
• Market and analyst backdrop: Shares trade near $197.80, below the 50‑ and 200‑day moving averages (~$231/$236), and analysts rate the stock a "Moderate Buy" with a consensus target of $249.65 despite several recent price‑target cuts.

First Solar, Inc. (NASDAQ:FSLR - Get Free Report) insider Kuntal Kumar Verma sold 1,386 shares of First Solar stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $190.36, for a total value of $263,838.96. Following the completion of the transaction, the insider owned 9,509 shares of the company's stock, valued at $1,810,133.24. This trade represents a 12.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Wednesday, March 4th, Kuntal Kumar Verma sold 728 shares of First Solar stock. The shares were sold at an average price of $196.95, for a total value of $143,379.60.
• On Tuesday, March 3rd, Kuntal Kumar Verma sold 3,426 shares of First Solar stock. The shares were sold at an average price of $195.93, for a total transaction of $671,256.18.

First Solar Stock Performance

Shares of NASDAQ:FSLR traded up $2.42 on Tuesday, hitting $197.80. The company's stock had a trading volume of 1,948,243 shares, compared to its average volume of 2,663,926. The company has a market capitalization of $21.23 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 0.31 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. The stock's 50-day moving average is $231.30 and its two-hundred day moving average is $236.41. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99.

First Solar (NASDAQ:FSLR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter last year, the business posted $3.65 EPS. The business's revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on FSLR shares. Raymond James Financial started coverage on First Solar in a research note on Monday, January 12th. They set a "market perform" rating on the stock. Robert W. Baird reiterated a "neutral" rating and issued a $205.00 price target (down from $264.00) on shares of First Solar in a research note on Wednesday, February 25th. Bank of America cut their price target on shares of First Solar from $291.00 to $271.00 and set a "buy" rating on the stock in a research report on Thursday, January 22nd. Argus decreased their price objective on First Solar from $300.00 to $250.00 and set a "buy" rating for the company in a report on Tuesday, March 3rd. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $205.00 target price on shares of First Solar in a research report on Thursday, February 26th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, First Solar has an average rating of "Moderate Buy" and a consensus target price of $249.65.

Institutional Trading of First Solar

Several large investors have recently modified their holdings of the stock. Aventura Private Wealth LLC bought a new stake in First Solar during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of First Solar in the fourth quarter worth $26,000. Reflection Asset Management acquired a new stake in shares of First Solar in the fourth quarter valued at about $26,000. Strategic Wealth Investment Group LLC acquired a new position in shares of First Solar in the 2nd quarter worth approximately $26,000. Finally, Larson Financial Group LLC lifted its stake 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 during the period. 92.08% of the stock is owned by institutional investors and hedge funds.

Key First Solar News

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating on FSLR (keeps conviction in demand and growth) even after lowering its price target to $228 from $279 — a signal that analysts still see upside despite nearer‑term headwinds. First Solar Gains Analyst Support (Yahoo)
• Neutral Sentiment: Media commentary highlights FSLR underperformance versus some energy peers this year, noting it has lagged while others surged — useful context for sector-relative positioning but not new company-specific data. FSLR Sinks While Peers Surge (24/7 Wall St.)
• Negative Sentiment: Large, clustered insider selling disclosed on March 9 — multiple executives (including CEO Mark Widmar, CFO and other senior officers) sold shares at ~ $190.36. Heavy, broad-based insider sales can raise short-term concern about insider conviction and may amplify downside if investors interpret them as signaling less confidence. See CEO filing. SEC Form 4 — CEO Sale
• Negative Sentiment: Investor litigation alert: Pomerantz LLP has opened an investigation into First Solar on behalf of investors — this can increase legal uncertainty and headline risk while an inquiry develops. Pomerantz Investigation (GlobeNewswire)
• Negative Sentiment: Fundamental headwinds flagged: reporting highlights a rapidly shrinking backlog and potential long‑term exposure to phasing-out U.S. tax credits (scheduled 2030–2033), which could pressure bookings and margins over time if not offset by new contract wins or policy extensions. Backlog & Tax Credit Risk (Yahoo)

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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