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Nathan B. Theurer, Vice President, Global Controller, and Chief Accounting Officer at First Solar, Inc. (NASDAQ:FSLR), a company currently trading at an attractive P/E ratio of 11x and showing strong financial health according to InvestingPro metrics, recently reported a series of stock transactions. According to the SEC filing, Theurer sold 31 shares of First Solar’s common stock on March 7, 2025, at an average price of $132.96 per share, totaling approximately $4,121.
In addition to the sale, Theurer’s transactions on March 6, 2025, included the acquisition of shares through the vesting of restricted stock units. He acquired 133, 83, and 94 shares of common stock at no cost, reflecting the vesting of previously granted stock units.
Furthermore, to meet tax withholding obligations, 68 shares were withheld at a price of $131.13 per share, amounting to $8,916. Following these transactions, Theurer holds direct ownership of 211 shares of First Solar’s common stock.
In other recent news, First Solar has made significant strides in enhancing its supply chain resilience by partnering with Everstream Analytics. This collaboration aims to provide the company with advanced risk management tools to address disruptions. Meanwhile, several analysts have adjusted their price targets for First Solar. Barclays (LON:BARC) revised its target to $236, citing production dynamics, while maintaining an Overweight rating. Mizuho (NYSE:MFG) also lowered its target to $252 but continues to recommend the stock with an Outperform rating, noting stable U.S. pricing. UBS reduced its target to $285, maintaining a Buy rating, and highlighted the company’s strong U.S. production ramp-up. RBC Capital decreased its target to $251, acknowledging temporary challenges affecting gross margins but kept an Outperform rating. These developments reflect the company’s ongoing efforts to navigate a challenging market environment and optimize its operations.
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