First Solar CEO Widmar sells $5.1 million in shares

Published 15/08/2025, 00:18
First Solar CEO Widmar sells $5.1 million in shares

First Solar, INC. (NASDAQ:FSLR), a $19.32 billion solar technology company with a GOOD financial health rating according to InvestingPro, saw Chief Executive Officer Mark R. Widmar sell 26,308 shares of common stock on August 12 and 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission.

The shares were sold in multiple transactions with prices ranging from $181.78 to $189.91, resulting in a total transaction value of $5,145,653.

Following these transactions, Widmar directly owns 84,182 shares of First Solar, INC.

In other recent news, First Solar reported stronger-than-expected earnings for the second quarter of 2025. The company achieved earnings per share of $3.18, surpassing the forecast of $2.66, and revenue reached $1.1 billion, exceeding the anticipated $1.04 billion. UBS has responded to these results by raising its price target for First Solar to $275 from $255, while maintaining a Buy rating on the stock. This increase reflects UBS’s application of an unchanged 18.5x multiple to the company’s estimated 2027 earnings. Additionally, UBS has reiterated its Buy rating and $255 price target based on a positive policy outlook, following First Solar’s earnings report. Despite the positive financial outcomes, it was noted that First Solar’s stock experienced a slight dip in regular trading hours. These developments highlight the ongoing interest and analysis by financial firms in First Solar’s market position and future potential.

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