First Solar, Inc. (NASDAQ:FSLR – Get Free Report) CTO Markus Gloeckler sold 829 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $248.00, for a total value of $205,592.00. Following the completion of the sale, the chief technology officer directly owned 6,642 shares in the company, valued at $1,647,216. This represents a 11.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Markus Gloeckler also recently made the following trade(s):
- On Monday, August 3rd, Markus Gloeckler sold 3,425 shares of First Solar stock. The shares were sold at an average price of $218.95, for a total value of $749,903.75.
First Solar Trading Down 2.8%
NASDAQ:FSLR traded down $6.83 during mid-day trading on Wednesday, reaching $236.80. 3,235,051 shares of the stock were exchanged, compared to its average volume of 2,403,244. The business has a fifty day moving average price of $244.06 and a 200 day moving average price of $225.13. The firm has a market capitalization of $25.44 billion, a PE ratio of 14.60, a PEG ratio of 0.51 and a beta of 1.75. First Solar, Inc. has a 1-year low of $176.47 and a 1-year high of $320.95.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Reflection Asset Management purchased a new position in shares of First Solar in the fourth quarter worth approximately $26,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar in the 4th quarter valued at approximately $26,000. Larson Financial Group LLC lifted its position 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 acquiring an additional 55 shares in the last quarter. Elyxium Wealth LLC acquired a new position in First Solar in the 4th quarter worth approximately $30,000. Finally, MV Capital Management Inc. acquired a new position in First Solar in the 4th quarter worth approximately $30,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.
Key First Solar News
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: First Solar’s second-quarter earnings beat and reaffirmed outlook remain supportive. The company previously reported adjusted EPS of $3.92 versus the $2.90 consensus, while revenue was broadly in line with expectations. Analysts also continue to highlight the company’s contracted backlog and potential undervaluation. ETFs in Spotlight as First Solar Shares Jump Post Q2 Earnings Beat
- Positive Sentiment: Reports that the Trump administration may consider tariffs or a price floor for solar-panel raw materials have boosted expectations for stronger protection of U.S. manufacturers, potentially benefiting First Solar’s domestic production footprint. Solar Stocks Rally on Potential Pro-Solar Policy
- Positive Sentiment: Recent reports of heavy First Solar call-option buying and a Guggenheim analyst’s positive price outlook indicate continued bullish positioning among some traders and analysts. First Solar Stock Price Expected to Rise, Guggenheim Analyst Says
- Neutral Sentiment: SolarEdge’s earnings beat and stronger European and battery demand are drawing attention to the broader solar sector, but its sharp post-earnings reversal underscores the volatility and uncertain sentiment affecting solar-equipment stocks. SolarEdge Technologies’ Q2 Earnings Top Estimates
- Negative Sentiment: Several law firms are publicizing a securities class action against First Solar and certain officers. The complaints allege that the company inadequately disclosed tariff risks, Series 6 module underutilization and challenges related to expanding South Carolina operations. The allegations have not been proven, but the legal overhang may pressure the stock and raise concerns about potential costs or reputational damage. Investors in the stated February 26, 2025–February 24, 2026 class period face an August 24 lead-plaintiff deadline. First Solar Class Action Filed Alleging Investor Harm
Wall Street Analysts Forecast Growth
FSLR has been the subject of several recent research reports. Freedom Capital raised shares of First Solar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. TD Cowen reaffirmed a “buy” rating on shares of First Solar in a report on Monday, July 20th. Jefferies Financial Group set a $196.00 price target on First Solar in a report on Monday. Sanford C. Bernstein cut their price objective on First Solar from $217.00 to $197.00 and set an “underperform” rating for the company in a research report on Friday, July 31st. Finally, Weiss Ratings raised First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $254.44.
Read Our Latest Stock Analysis on First Solar
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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