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First Solar, Inc. (NASDAQ:FSLR) VP - Global Controller and CAO, Nathan B. Theurer, sold 686 shares of common stock on August 14, 2025, at a price of $182.03, totaling $124,872. The stock, currently trading at $219.33, has shown significant momentum with a nearly 10% return over the last week. According to InvestingPro analysis, First Solar maintains strong financial health with a current ratio of 1.9, indicating solid liquidity.
The transaction was executed under a Rule 10b5-1 trading plan adopted on May 15, 2025. The shares sold included 379 shares from a previous acquisition on February 27, 2025, and 307 shares previously reported on a Form 4 filing on March 18, 2025. The company, with a market capitalization of $23.5 billion, operates with a moderate debt level and has demonstrated strong profitability with a gross margin of ~43%.
On February 27, 2025, Theurer also acquired 560 shares of First Solar common stock, with a value of $0, upon the vesting of performance share units. On the same day, 181 shares were withheld by First Solar to cover tax obligations related to the vesting of performance share units at a price of $156.84, totaling $28388. Want deeper insights into First Solar’s insider trading patterns and comprehensive financial analysis? Access the full InvestingPro Research Report, featuring expert analysis and key metrics that matter most to investors.
In other recent news, First Solar reported stronger-than-expected earnings for the second quarter of 2025, with earnings per share of $3.18, surpassing the forecast of $2.66. The company’s revenue reached $1.1 billion, exceeding the anticipated $1.04 billion. UBS has named First Solar a top pick following favorable IRS guidance that maintained year-end 2030 tax credit eligibility with only modest qualification changes. This development is seen as a positive move for the solar industry, according to UBS. Additionally, UBS raised its price target for First Solar to $275 from $255, maintaining a Buy rating on the stock. The price target increase is based on an unchanged multiple applied to the company’s estimated 2027 earnings per share. UBS also reaffirmed its Buy rating and $255 price target following First Solar’s second-quarter earnings report. These developments highlight the ongoing interest and confidence in First Solar from analysts.
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