FSLR FIRST SOLAR, INC.

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon immediate Filed May 5, 2026 Processed 1mo ago
Insider cluster: 2 insiders, $432K total
Latest settled — T+20d ⚠ clustered
FSLR ▲ +41.77% at T+20d
NEUTRAL call ✓ call won +41.77% · α vs SPY +36.81% · entry $219.38 → $311.01
Next anchor: T+60d in 6w
Last close $267.31 (close Jun 12) · +21.85% from $219.38 entry
Entry anchored
May 4, 03:59 PM ET
via Databento tick
T+1d
-0.63%
call -0.63% · α -2.01%
$218.00
settled 6w ago
T+5d
+6.33%
call +6.33% · α +4.35%
$233.27
settled 5w ago
T+20d
+41.77%
call +41.77% · α +36.81%
$311.01
settled 13d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Two top executives at First Solar (CEO and Chief Manufacturing Officer) sold a combined $432K in open-market shares on May 5, 2026, following the company's strong Q1 earnings report (revenue +24% YoY, EPS +65% YoY). The dollar amount is trivial relative to the $22.7B market cap (0.002%), and the sales are typical planned diversification after positive results. No material bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$432.3K
Insiders
2

Actionable Insight

Insider sales are negligible in size and occur after a record earnings report. Monitor for any larger clusters or unexpected selling by additional insiders, but this filing has no actionable signal.

Key Facts

  • CEO Mark Widmar sold 1,526 shares for $329K, COO Kuntal Verma sold 479 shares for $103K on May 5, 2026
  • Both insiders also exercised derivative securities on May 4 (non-cash, $0 value)
  • Total open-market sales value of $432K represents ~0.002% of FSLR's $22.7B market cap
  • Q1 2026 earnings (April 30) showed net sales of $1.04B (+24% YoY) and diluted EPS of $3.22 (+65% YoY), with reaffirmed full-year guidance

Financial Impact

Not specified

Risk Factors

  • If insider sales accelerate in the coming weeks, it could indicate growing caution despite current positive results

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
60% bullish (48 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FSLR-1778024660380
14 reports for FSLR
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +35.07%Feb 28, 2026
Filters
Rows
Reports for FSLR — sortable, filterable
Type Now
Jun 1, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$303.00 $279.01▼ −7.92%▼ −5.17%$267.31 (−11.78%)
May 15, 2026
4w ago
3
NEUTRAL ★ 2/10
$233.64 $269.95▲ +15.54%▲ +13.92%$267.31 (+14.41%)
May 5, 2026
5w ago
144
NEUTRAL ★ 2/10
$219.38 $233.27▲ +6.33%▲ +4.35%$267.31 (+21.85%)
May 5, 2026
5w ago
144
NEUTRAL ★ 2/10
$219.38 $233.27▲ +6.33%▲ +4.35%$267.31 (+21.85%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$219.38 $228.06▲ +3.96%▲ +1.97%$267.31 (+21.85%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$219.38 $228.06▲ +3.96%▲ +1.97%$267.31 (+21.85%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$219.38 $233.27▲ +6.33%▲ +4.35%$267.31 (+21.85%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$219.38 $233.27▲ +6.33%▲ +4.35%$267.31 (+21.85%)
Mar 3, 2026
14w ago
Insider Cluster
NEUTRAL ★ 3/10
$197.53 $197.80▲ +0.14%▲ +0.61%$267.31 (+35.33%)
Mar 3, 2026
14w ago
Insider Cluster
NEUTRAL ★ 3/10
$197.53 $197.80▲ +0.14%▲ +0.61%$267.31 (+35.33%)
Showing 10 of 14

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