FSLR - First Solar Board Member Trades $1.00M In Company Stock | Benzinga
PAUL STEBBINS, Board Member at First Solar (NASDAQ:FSLR), reported an insider sell on May 23, according to a new SEC filing.
What Happened: STEBBINS's recent move involves selling 4,000 shares of First Solar. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value is $1,001,400.
Monitoring the market, First Solar's shares up by 7.16% at $267.7 during Friday's morning.
Delving into First Solar's Background
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
Financial Insights: First Solar
Revenue Growth: Over the 3 months period, First Solar showcased positive performance, achieving a revenue growth rate of 15.58% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology ...