First Solar (NASDAQ:FSLR) Insider Sells $78,713.60 in Stock

20 Mar 2026, 07:13 by Scott Moore · The Cerbat Gem

First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Kuntal Kumar Verma sold 392 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $200.80, for a total value of $78,713.60. Following the sale, the insider owned 9,616 shares of the company’s stock, valued at approximately $1,930,892.80. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

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 value of $35,915.40.
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 value 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 shares were 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 shares were sold at an average price of $195.93, for a total transaction of $671,256.18.

First Solar Price Performance

FSLR stock opened at $199.65 on Friday. The company has a 50 day simple moving average of $222.63 and a 200 day simple moving average of $235.98. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 14.05, a P/E/G ratio of 0.34 and a beta of 1.65. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35.

First Solar (NASDAQ:FSLR – Get Free Report) last issued its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.65 EPS. Research analysts anticipate that First Solar, Inc. will post 13.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on FSLR shares. Mizuho reduced their price objective on First Solar from $326.00 to $271.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Bank of America dropped their target price on First Solar from $291.00 to $271.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Freedom Capital lowered First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Wolfe Research cut First Solar from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Finally, The Goldman Sachs Group lowered their price objective on First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $248.17.

Get Our Latest Research Report on First Solar

First Solar News Roundup

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

Positive Sentiment: U.S. manufacturing expansion: First Solar plans a new module finishing line in South Carolina (late 2026) to improve logistics, reduce tariff exposure and increase U.S. content — a strategic move that supports long‑term policy tailwinds and could improve project economics and order visibility. First Solar Expansion And Institutional Support Shape Valuation And Risk Profile
Positive Sentiment: Institutional support and continued Buy ratings from some firms: Guggenheim retained a Buy stance and kept institutional interest alive by keeping a constructive view even after lowering its target, which can help attract longer‑term investors. Guggenheim price target update
Neutral Sentiment: Analyst recalibrations: Evercore ISI trimmed its price target to $212 but maintained an In Line rating — a moderated expectation rather than a full downgrade, suggesting operational/forecast tweaks rather than structural concerns. Evercore ISI lowers price target
Neutral Sentiment: GLJ Research moved FSLR from Buy to Hold — another signal of more cautious near‑term expectations but not a consensus sell call. GLJ Research rating change
Negative Sentiment: Concentrated insider selling: multiple senior executives (CFO, CEO, General Counsel and others) disclosed large share sales in close succession. Clustered, sizable insider dispositions can weigh on sentiment and raise short‑term selling pressure. Representative SEC filing: CFO Form 4. CFO Form 4
Negative Sentiment: Legal risk: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing potential headline‑driven volatility and litigation risk that investors typically dislike. Pomerantz investor alert
Negative Sentiment: Broker downgrades: Zacks cut FSLR to a “strong sell” and other firms have trimmed targets — these negative analyst notes increase near‑term selling pressure and can influence quant/CTA flows. Zacks downgrade

Institutional Investors Weigh In On First Solar

A number of institutional investors have recently made changes to their positions in FSLR. Stance Capital LLC increased its stake in shares of First Solar by 10,575.0% in the fourth quarter. Stance Capital LLC now owns 5,124 shares of the solar cell manufacturer’s stock valued at $1,339,000 after buying an additional 5,076 shares during the period. Forty three Eighteen Advisors LLC acquired a new position in shares of First Solar in the fourth quarter worth approximately $711,000. Rockefeller Capital Management L.P. lifted its stake in shares of First Solar by 79.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 41,723 shares of the solar cell manufacturer’s stock worth $10,899,000 after acquiring an additional 18,537 shares during the period. Green Ridge Wealth Planning LLC bought a new stake in First Solar in the fourth quarter valued at approximately $234,000. Finally, Mengis Capital Management Inc. increased its position in First Solar by 26.1% during the 4th quarter. Mengis Capital Management Inc. now owns 7,243 shares of the solar cell manufacturer’s stock valued at $1,892,000 after purchasing an additional 1,500 shares during the period. Institutional investors own 92.08% of the company’s stock.

First Solar Company Profile

(Get Free Report)

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.