Nathan Theurer Sells 157 Shares of First Solar (NASDAQ:FSLR) Stock

Key Points

• CAO Nathan Theurer sold 157 shares on March 9 at an average price of $190.36 for $29,886.52, reducing his holdings by 32.64% to 324 shares, according to an SEC Form 4 filing.
• Theurer's sale was part of a broader, clustered round of insider selling that day — including the CEO and other senior officers — which may raise short‑term investor concern about insider conviction.
• First Solar reported quarterly EPS of $4.84 (missing the $5.22 consensus) while revenue beat at $1.68 billion (+11.1% YoY); the stock traded near $197.80 and carries a MarketBeat consensus of "Moderate Buy" with an average target of $249.65.

First Solar, Inc. (NASDAQ:FSLR - Get Free Report) CAO Nathan Theurer sold 157 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $190.36, for a total transaction of $29,886.52. Following the sale, the chief accounting officer owned 324 shares of the company's stock, valued at $61,676.64. This trade represents a 32.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

First Solar Stock Performance

Shares of NASDAQ:FSLR traded up $2.42 during midday trading 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 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 simple moving average is $231.30 and its 200 day simple moving average is $236.41. The stock has a market capitalization of $21.23 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.31 and a beta of 1.65. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week 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 return on equity of 17.32% and a net margin of 29.28%.The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the firm posted $3.65 EPS. First Solar's revenue for the quarter was up 11.1% on a year-over-year basis. As a group, research analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current year.

Institutional Investors Weigh In On First Solar

Institutional investors have recently bought and sold shares of the business. Aventura Private Wealth LLC acquired a new position in shares of First Solar in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of First Solar during the 4th quarter worth about $26,000. Reflection Asset Management acquired a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Strategic Wealth Investment Group LLC bought a new stake in First Solar in the second quarter valued at about $26,000. Finally, Larson Financial Group LLC increased its stake in First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer's stock valued at $27,000 after acquiring an additional 55 shares during the period. Institutional investors and hedge funds own 92.08% of the company's stock.

Key Headlines Impacting First Solar

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)

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FSLR shares. Freedom Capital downgraded shares of First Solar from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. Evercore reduced their price target on shares of First Solar from $241.00 to $212.00 in a report on Thursday, March 5th. Royal Bank Of Canada decreased their price target on shares of First Solar from $258.00 to $236.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 25th. The Goldman Sachs Group dropped their price objective on shares of First Solar from $316.00 to $300.00 and set a "buy" rating on the stock in a report on Wednesday, February 25th. Finally, Daiwa Securities Group upped their price objective on shares of First Solar from $215.00 to $284.00 and gave the company an "outperform" rating in a research report on Tuesday, December 9th. Twenty analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $249.65.

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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