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First Solar, Inc. (NASDAQ:FSLR) Chief Executive Officer Mark R. Widmar, reported selling 2,048 shares of common stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The solar manufacturer, currently valued at $23.5 billion and trading near its InvestingPro Fair Value, has seen its shares surge over 20% in the past week. The sales were executed at prices ranging from $185.15 to $205.92, resulting in a total transaction value of $462,888.
Widmar’s transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 13, 2025. Following the reported transactions, Widmar directly owns 81,861 shares of First Solar, Inc.
In other recent news, First Solar reported second-quarter 2025 earnings that exceeded analyst expectations. The company achieved earnings per share of $3.18, surpassing the projected $2.66, and generated revenue of $1.1 billion, which was higher than the anticipated $1.04 billion. Following these results, UBS reaffirmed its Buy rating on First Solar, maintaining a price target of $255. Additionally, UBS raised its price target for First Solar to $275 from $255, reflecting confidence in the company’s future earnings potential. This adjustment is based on an 18.5x multiple of the estimated 2027 earnings per share of $10.58, discounted at the company’s cost of equity. Furthermore, First Solar has been named a top pick by UBS after favorable IRS guidance was released. The IRS guidance maintained tax credit eligibility through the end of 2030, which UBS considers beneficial for the solar industry. These developments mark significant progress for First Solar amidst ongoing policy changes.
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