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Georges Antoun, Chief Commercial Officer of First Solar, Inc. (NASDAQ:FSLR), a solar manufacturing company currently valued at $13.7 billion and trading near its 52-week low, recently executed a series of stock transactions involving the company’s shares. According to InvestingPro analysis, the stock appears undervalued despite recent market volatility. On March 14, 2025, Antoun acquired 587 shares of common stock through the vesting of restricted stock units at no cost. Following this, on March 17, 2025, he sold 229 shares at a price of $133.75 per share, totaling $30,628. These transactions were part of routine financial management, with the sale aimed at covering tax withholding obligations related to the vesting of the restricted stock units. After these transactions, Antoun holds 52,836 shares of First Solar common stock. The company’s shares have declined 47% over the past six months, though InvestingPro subscribers can access 13 additional key insights about First Solar’s financial health and growth prospects in their comprehensive Pro Research Report.
In other recent news, First Solar has been actively engaging in various strategic initiatives and facing mixed analyst assessments. The company has partnered with Everstream Analytics to enhance its supply chain resilience, aiming to address potential disruptions through advanced risk management tools. Meanwhile, financial analysts have adjusted their outlooks on First Solar’s stock, with Barclays (LON:BARC) reducing its price target to $236 while maintaining an Overweight rating, citing production dynamics and the company’s revenue guidance for 2025. Mizuho (NYSE:MFG) Securities also lowered its price target to $252 but continues to recommend the stock with an Outperform rating, noting stable U.S. pricing supported by tariffs and patent advantages.
UBS revised its price target for First Solar to $285, maintaining a Buy rating, and highlighted the company’s operational progress in the U.S. as a positive sign despite some international demand concerns. RBC Capital Markets decreased its price target to $251, maintaining an Outperform rating but pointing out challenges that have impacted First Solar’s gross margins and operational efficiency. Despite these challenges, RBC noted that First Solar’s gross profit estimates exceeded expectations, with significant bookings from U.S. utility-scale customers. These developments reflect First Solar’s ongoing efforts to navigate complex market conditions while enhancing its competitive position.
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