First Solar Inc’s recent filing unveils that its Chief Manufacturing Officer Verma Kuntal Kumar unloaded Company’s shares for reported $64301.0 on Mar 18 ’25. In the deal valued at $127.83 per share,503 shares were sold. As a result of this transaction, Verma Kuntal Kumar now holds 4,695 shares worth roughly $0.6 million.
Then, ANTOUN GEORGES sold 229 shares, generating $30,629 in total proceeds. Upon selling the shares at $133.75, the Chief Commercial Officer now owns 52,836 shares.
Before that, Bradley Alexander R. sold 599 shares. First Solar Inc shares valued at $80,116 were divested by the Chief Financial Officer at a price of $133.75 per share. As a result of the transaction, Bradley Alexander R. now holds 45,717 shares, worth roughly $5.83 million.
Redburn Atlantic initiated its First Solar Inc [FSLR] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “an Outperform”. Seaport Research Partners also remained covering FSLR and has increased its forecast on January 16, 2025 with a “Buy” recommendation from previously “Neutral” rating. Seaport Research Partners started covering the stock on November 05, 2024. It rated FSLR as “a Neutral”.
Price Performance Review of FSLR
On Tuesday, First Solar Inc [NASDAQ:FSLR] saw its stock jump 0.90% to $127.57. Over the last five days, the stock has lost -2.96%. First Solar Inc shares have fallen nearly -27.62% since the year began. Nevertheless, the stocks have fallen -24.43% over the past one year. While a 52-week high of $306.77 was reached on 01/07/25, a 52-week low of $120.60 was recorded on 03/31/25. SMA at 50 days reached $148.31, while 200 days put it at $197.49.
Levels Of Support And Resistance For FSLR Stock
The 24-hour chart illustrates a support level at 124.03, which if violated will result in even more drops to 120.49. On the upside, there is a resistance level at 129.44. A further resistance level may holdings at 131.31. The Relative Strength Index (RSI) on the 14-day chart is 38.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.72%. Stochastics %K at 28.30% indicates the stock is a holding.
How much short interest is there in First Solar Inc?
A steep rise in short interest was recorded in First Solar Inc stocks on 2025-03-14, growing by 1.62 million shares to a total of 8.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.56 million shares. There was a rise of 19.76%, which implies that there is a positive sentiment for the stock.
