Insider Selling: First Solar (NASDAQ:FSLR) Insider Sells 582 Shares of Stock

May 23, 2026 by InsiderTrades.com

Key Points

First Solar CEO Mark Widmar sold 4,815 shares on May 21 at an average price of $247.43, totaling about $1.19 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
The company recently reported strong quarterly results, with EPS of $3.22 beating estimates and revenue of $1.04 billion slightly above expectations. Revenue also rose 23.6% year over year.
Analyst sentiment remains generally positive, though several firms have trimmed price targets in recent months. MarketBeat data shows First Solar has an average rating of “Moderate Buy” with an average target price of $247.40.

First Solar, Inc. (NASDAQ:FSLR - Get Free Report) insider Kuntal Kumar Verma sold 582 shares of First Solar stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $250.00, for a total transaction of $145,500.00. Following the sale, the insider owned 4,967 shares in the company, valued at approximately $1,241,750. The trade was a 10.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Tuesday, May 5th, Kuntal Kumar Verma sold 479 shares of First Solar stock. The shares were sold at an average price of $215.63, for a total transaction of $103,286.77.
On Wednesday, April 15th, Kuntal Kumar Verma sold 573 shares of First Solar stock. The shares were sold at an average price of $210.00, for a total transaction of $120,330.00.
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 transaction of $35,915.40.
On Monday, March 16th, Kuntal Kumar Verma sold 392 shares of First Solar stock. The shares were sold at an average price of $200.80, for a total transaction of $78,713.60.
On Tuesday, March 10th, Kuntal Kumar Verma sold 408 shares of First Solar stock. The shares were sold at an average price of $195.70, for a total transaction of $79,845.60.
On Monday, March 9th, Kuntal Kumar Verma sold 1,386 shares of First Solar stock. The shares were 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 Trading Up 3.6%

FSLR stock opened at $257.85 on Friday. The firm has a fifty day moving average price of $205.04 and a 200 day moving average price of $231.20. First Solar, Inc. has a fifty-two week low of $135.50 and a fifty-two week high of $285.99. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The firm has a market cap of $27.71 billion, a PE ratio of 16.66, a price-to-earnings-growth ratio of 0.55 and a beta of 1.57.

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First Solar (NASDAQ:FSLR - Get Free Report) last posted its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating analysts' consensus estimates of $2.87 by $0.35. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the firm posted $1.95 earnings per share. First Solar's revenue for the quarter was up 23.6% compared to the same quarter last year. Sell-side analysts anticipate that First Solar, Inc. will post 17.64 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FSLR. Woodline Partners LP boosted its stake in First Solar by 40.7% during the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer's stock worth $1,143,000 after buying an additional 2,615 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of First Solar by 50.9% during the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer's stock worth $85,000 after purchasing an additional 174 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of First Solar by 84.3% during the second quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer's stock worth $750,000 after purchasing an additional 2,072 shares during the last quarter. Cerity Partners LLC bought a new stake in shares of First Solar during the second quarter worth $494,000. Finally, AXA S.A. lifted its position in shares of First Solar by 6.3% during the second quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer's stock worth $3,122,000 after purchasing an additional 1,115 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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A number of research firms recently weighed in on FSLR. JPMorgan Chase & Co. cut their target price on shares of First Solar from $303.00 to $256.00 and set an "overweight" rating for the company in a report on Wednesday, February 25th. Needham & Company LLC raised their target price on shares of First Solar from $286.00 to $303.00 and gave the company a "buy" rating in a report on Monday, February 23rd. Susquehanna dropped their price objective on shares of First Solar from $280.00 to $250.00 and set a "positive" rating for the company in a research note on Thursday, April 9th. Wolfe Research lowered shares of First Solar from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. Finally, The Goldman Sachs Group lifted their price objective on shares of First Solar from $300.00 to $310.00 in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $247.40.

Get Our Latest Report on First Solar

Key Headlines Impacting First Solar

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

Positive Sentiment: First Solar announced a partnership with GameChange Solar to support wider use of its domestically manufactured thin-film modules in India, a move that could improve demand visibility and reduce supply-chain or compliance concerns. Why First Solar (FSLR) Stock Is Trading Up Today
Positive Sentiment: Guggenheim raised its price target on First Solar to $279 from $269 and reiterated a Buy rating, signaling continued analyst confidence in the stock’s upside potential. MarketScreener

About First Solar

(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.

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.