First Solar Inc (FSLR) Looks Ready for Growth Despite -18.35% Change This Year

First Solar Inc (NASDAQ: FSLR) is -18.35% lower on its value in year-to-date trading and has touched a low of $116.56 and a high of $274.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSLR stock was last observed hovering at around $175.25 in the last trading session, with the day’s loss setting it -31.35%.

Currently trading at $143.90, the stock is -10.77% and -3.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.61 million and changing -17.89% at the moment leaves the stock -18.16% off its SMA200. FSLR registered -50.64% loss for a year compared to 6-month loss of -26.70%.

The stock witnessed a -19.37% gain in the last 1 month and extending the period to 3 months gives it a 13.00%, and is -12.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.76% over the week and 5.31% over the month.

First Solar Inc (FSLR) has around 8100 employees, a market worth around $15.43B and $4.26B in sales. Current P/E ratio is 12.23 and Fwd P/E is 6.46. Profit margin for the company is 29.72%. Distance from 52-week low is 23.45% and -47.50% from its 52-week high. The company has generated returns on investments over the last 12 months (14.70%).

The EPS is expected to grow by 24.43% this year.

First Solar Inc (FSLR) Top Institutional Holders

The shares outstanding are 107.24M, and float is at 101.29M with Short Float at 10.58%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.49 million shares valued at $2.82 billion. The investor’s holdings represent 11.6719% of the FSLR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.32 million shares valued at $2.55 billion to account for 10.5738 of the shares outstanding. The other top investors are ELECTRON CAPITAL PARTNERS, LLC which holds 7.67 million shares representing 7.1652% and valued at over $9.74 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 6.1936 of the shares totaling 6.63 million with a market value of $1.49 billion.

First Solar Inc (FSLR) Insider Activity

The most recent transaction is an insider sale by Buehler Patrick James, the company’s Chief Product Officer. SEC filings show that Buehler Patrick James sold 1,868 shares of the company’s common stock on Jun 03 ’25 at a price of $149.08 per share for a total of $0.28 million. Following the sale, the insider now owns 5998.0 shares.

First Solar Inc disclosed in a document filed with the SEC on Jun 02 ’25 that Koralewski Michael (Chief Supply Chain Officer) sold a total of 2,951 shares of the company’s common stock. The trade occurred on Jun 02 ’25 and was made at $158.21 per share for $0.47 million. Following the transaction, the insider now directly holds 11369.0 shares of the FSLR stock.

Still, SEC filings show that on Jun 03 ’25, Buehler Patrick James (Officer) Proposed Sale 1,868 shares at an average price of $149.08 for $0.28 million. The insider now directly holds shares of First Solar Inc (FSLR).

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