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TEMPE, Ariz.—First Solar, Inc. (NASDAQ:FSLR) Chief Manufacturing Officer Kuntal Kumar Verma recently sold shares of the company’s common stock valued at approximately $64,300. The transactions, executed on March 18, 2025, were part of a pre-arranged trading plan under Rule 10b5-1. The stock, currently trading at $129.34, has experienced significant volatility, declining nearly 47% over the past six months.
The sales involved a total of 503 shares, sold at prices ranging from $126.72 to $130.05 per share. Following these transactions, Verma retains ownership of 4,695 shares in the company. According to InvestingPro analysis, First Solar currently appears undervalued, with a P/E ratio of 10.8 and strong fundamentals including a healthy current ratio of 2.45.
First Solar, known for its advanced photovoltaic technology, continues to be a significant player in the renewable energy sector, with revenue growth of 26.75% in the last twelve months and analysts projecting 32% growth for 2025. The stock transactions, as disclosed in the SEC Form 4 filing, offer insights into the trading activities of the company’s executives. For deeper analysis and additional insights, including 13 more exclusive ProTips, check out the comprehensive research report available on InvestingPro.
In other recent news, First Solar has been actively refining its operational strategies and financial outlook. The company has partnered with Everstream Analytics to enhance its supply chain resilience, focusing on risk insights and mitigation strategies. This collaboration aims to address potential disruptions in the global supply chain environment. Additionally, several financial analysts have adjusted their price targets for First Solar, reflecting updated expectations. Barclays (LON:BARC) lowered its price target to $236, maintaining an Overweight rating, while Mizuho (NYSE:MFG) reduced its target to $252 but kept an Outperform rating. UBS also revised its price target downward to $285, maintaining a Buy rating, and noted that First Solar’s 2025 revenue guidance of $5.55 billion slightly exceeded consensus estimates. RBC Capital adjusted its price target to $251, citing challenges impacting the company’s operational efficiency and financial results. Despite these adjustments, First Solar’s U.S. production ramp-up is reportedly on track, providing a buffer against international demand fluctuations.
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