R Craig Kennedy Sells 550 Shares of First Solar, Inc.

• Stock First Solar, Inc. (NASDAQ: FSLR) Director R Craig Kennedy sold 550 shares of the company's supply in a purchase on Tuesday, December 15th.

The stock was sold at an ordinary cost of $85.50, for a total value of $47,025.00. Following the conclusion of the sale, the director currently directly has 26,984 shares of the business's supply, valued at around $2,307,132. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed with the SEC website.

R Craig Kennedy also recently made the following trade( s):

• On Monday, November 16th, R Craig Kennedy marketed 550 shares of First Solar stock. The supply was cost an average price of $80.77, for a complete worth of $44,423.50.
• On Thursday, October 15th, R Craig Kennedy sold 550 shares of First Solar supply. The supply was cost a typical cost of $80.71, for a total worth of $44,390.50.

NASDAQ FSLR traded up $0.51 throughout trading on Wednesday, hitting $91.77. 2,258,767 shares of the company traded hands, compared to its typical quantity of 2,057,106. First Solar, Inc. has a 12 month low of $28.47 and also a 12 month high of $98.46. Business has a fifty day straightforward moving average of $86.90 and also a 200 day basic moving average of $70.21. The company has a present ratio of 3.83, a quick ratio of 3.05 and also a debt-to-equity ratio of 0.04. The business has a market capitalization of $9.73 billion, a P/E ratio of 43.67, a PEG ratio of 1.27 and a beta of 1.22.

First Solar (NASDAQ: FSLR) last uploaded its revenues results on Tuesday, October 27th. The solar cell maker reported $1.45 revenues per share for the quarter, beating the Thomson Reuters' agreement estimate of $0.60 by $0.85. The firm had revenue of $927.57 million for the quarter, compared to expert price quotes of $707.70 million. First Solar had a return on equity of 9.49% as well as a web margin of 6.38%. Equities research analysts anticipate that First Solar, Inc. will publish 3.9 EPS for the present.

FSLR has been the subject of numerous recent expert reports. BidaskClub reduced First Solar from a "strong-buy" rating to a "buy" ranking in a study report on Saturday, September 19th. Credit scores Suisse Group decreased First Solar from a "neutral" score to an "underperform" score and raised their rate purpose for the stock from $54.00 to $64.00 in a report on Monday, October 26th. Robert W. Baird raised their cost goal on First Solar from $97.00 to $125.00 as well as gave the stock an "outperform" score in a report on Wednesday, October 28th. Raymond James lowered First Solar from an "outperform" ranking to an "underperform" rating in a report on Tuesday, November 10th. Lastly, JPMorgan Chase & Co. enhanced their price objective on First Solar from $94.00 to $101.00 and gave the stock a "neutral" ranking in a report on Wednesday, December 9th. 6 research study experts have ranked the stock with a sell rating, 5 have offered a hold ranking and also 8 have provided a buy rating to the stock. The stock currently has an agreement rating of "Hold" and an agreement cost target of $80.00.

Several institutional capitalists have actually lately bought and sold shares of the company. Wetherby Asset Management Inc. increased its stake in shares of First Solar by 11.2% in the third quarter. Wetherby Asset Management Inc. currently owns 6,900 shares of the solar cell supplier's stock worth $457,000 after purchasing an extra 696 shares throughout the duration. Strs Ohio bought a brand-new placement in shares of First Solar in the 3rd quarter worth about $1,095,000. S&CO Inc. purchased a brand-new setting in shares of First Solar in the third quarter worth about $901,000. Pentwater Capital Management LP got a brand-new placement in shares of First Solar in the third quarter worth about $1,986,000. Finally, Perpetual Ltd enhanced its risk in shares of First Solar by 9.8% in the third quarter. Continuous Ltd now owns 27,991 shares of the solar cell producer's stock worth $1,853,000 after buying an added 2,491 shares throughout the period. Institutional capitalists as well as hedge funds very own 50.69% of the company's supply.

First Solar Company Profile.

First Solar, Inc supplies solar (PV) solar energy solutions in the United States and worldwide. It runs in 2 sectors, Modules and Systems. The Modules segment layouts, makes, and offers cadmium telluride solar modules that transform sunlight into electrical energy to integrators as well as operators of PV solar energy systems.