Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of First Solar, Inc. (NASDAQ:FSLR)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of First Solar, Inc. (NASDAQ:FSLR). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in First Solar stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

First Solar Trading Up 3.7%

First Solar stock opened at $241.88 on Friday. The stock has a 50-day simple moving average of $246.03 and a 200 day simple moving average of $235.15. The stock has a market capitalization of $25.96 billion, a P/E ratio of 18.58, a PEG ratio of 0.31 and a beta of 1.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 1.91. First Solar, Inc. has a 52 week low of $116.56 and a 52 week high of $285.99.

Trending Headlines about First Solar

Here are the key news stories impacting First Solar this week:

Institutional Trading of First Solar

A number of institutional investors have recently bought and sold shares of the business. Aventura Private Wealth LLC acquired a new stake in shares of First Solar during the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new stake in First Solar during the fourth quarter worth about $26,000. Larson Financial Group LLC grew its stake in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after buying an additional 55 shares in the last quarter. Elyxium Wealth LLC bought a new position in First Solar in the 4th quarter valued at about $30,000. Finally, DV Equities LLC acquired a new position in shares of First Solar in the 4th quarter valued at approximately $40,000. Institutional investors own 92.08% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Barclays reissued an “overweight” rating and set a $279.00 target price on shares of First Solar in a report on Monday, November 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $316.00 price objective on shares of First Solar in a report on Friday, October 31st. Bank of America dropped their price objective on shares of First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Susquehanna lifted their target price on shares of First Solar from $285.00 to $292.00 and gave the stock a “positive” rating in a report on Wednesday, January 21st. Finally, Daiwa Securities Group increased their price target on shares of First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $275.61.

Read Our Latest Stock Report on First Solar

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About First Solar

(Get Free Report)

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.

See Also

Receive News & Ratings for First Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Solar and related companies with MarketBeat.com's FREE daily email newsletter.