While First Solar, Inc. (NASDAQ:FSLR) shareholders have enjoyed a good week with stock up 6.9%, they need remain vigilant. The fact that insiders chose to dispose of US$78m worth of stock in the past 12 months even though prices were relatively low could be indicative of some anticipated weakness.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for First Solar
First Solar Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the insider, Farhad Ebrahimi, sold US$77m worth of shares at a price of US$140 per share. That means that an insider was selling shares at slightly below the current price (US$169). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 21% of Farhad Ebrahimi's holding.
Over the last year, we can see that insiders have bought 14.93k shares worth US$1.4m. But insiders sold 2.31m shares worth US$78m. Over the last year we saw more insider selling of First Solar shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
NasdaqGS:FSLR Insider Trading Volume November 24th 2022
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
First Solar Insiders Are Selling The Stock
Over the last three months, we've seen significant insider selling at First Solar. Specifically, insider Farhad Ebrahimi ditched US$77m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
Insider Ownership Of First Solar
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that First Solar insiders own 5.2% of the company, worth about US$944m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At First Solar Tell Us?
An insider sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - First Solar has 3 warning signs we think you should be aware of.
Of course First Solar may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
而当第一太阳能公司纳斯达克(Sequoia Capital：FSLR)股东本周表现不错，股价上涨6.9%，他们需要保持警惕。尽管股价相对较低，但内部人士在过去12个月里选择抛售价值7800万美元的股票，这一事实可能预示着一些预期中的疲软。
尽管就长期投资而言，内幕交易并不是最重要的事情，但我们会认为完全忽视内幕交易是愚蠢的。
查看我们对第一太阳能的最新分析
去年的第一笔Solar Insider交易
在过去的12个月里，内部人士最大的一笔出售是内部人士Farhad Ebrahimi以每股140美元的价格出售了价值7700万美元的股票。这意味着一位内部人士以略低于当前价格(169美元)的价格出售股票。当内部人士以低于当前价格的价格出售股票时，这表明他们认为较低的价格是公平的。这让我们想知道他们对最近(较高的)估值有何看法。然而，尽管内幕销售有时令人沮丧，但这只是一个微弱的信号。我们注意到，最大的一笔交易只是法哈德·易卜拉希米所持股份的21%。
过去一年，我们可以看到，内部人士购买了14.93万股，价值140万美元。但内部人士出售了231万股，价值7800万美元。去年，我们看到First Solar股票的内幕抛售多于买入。你可以在下面看到过去12个月(由公司和个人)进行的内幕交易的直观描述。如果你想知道到底是谁卖了，卖了多少钱，什么时候卖的，只需点击下面的图表！
NasdaqGS：FSLR内幕交易量2022年11月24日
对于那些想要找到赢得投资这免费最近有内幕收购的不断增长的公司名单可能就是合适的选择。
First Solar内部人士正在出售股票
在过去的三个月里，我们看到了First Solar的大量内幕销售。具体地说，内部人士法哈德·易卜拉希米在那段时间抛售了价值7700万美元的股票，我们没有记录任何买入。总体而言，这让我们有点谨慎，但这并不是一切。
First Solar的内部所有权
看看一家公司的内部人持股总数，可以帮助你了解他们是否与普通股股东很好地结合在一起。我认为，如果内部人士持有该公司大量股份，这是一个好兆头。很高兴看到First Solar内部人士拥有该公司5.2%的股份，价值约9.44亿美元。大多数股东将乐于看到这种内部人持股，因为这表明管理层的激励与其他股东很好地结合在一起。
First Solar的内幕交易可能会告诉我们什么？
一位内部人士最近卖出了股票，但他们一直没有买入。尽管有一些内部人士买入，但更长期的前景并没有让我们感觉更积极。看到高内部人持股是件好事，但内部人抛售让我们保持谨慎。因此，虽然了解内部人士在买入或卖出方面做了什么是有帮助的，但了解一家特定公司面临的风险也是有帮助的。例如，第一太阳能公司拥有3个警示标志我们认为你应该意识到。
当然了First Solar可能不是最值得购买的股票。所以你可能想看看这个免费汇集了高质量的公司。
就本文而言，内部人是指向相关监管机构报告其交易的个人。我们目前负责公开市场交易和私人处置，但不包括衍生品交易。
对这篇文章有什么反馈吗？担心内容吗？ 保持联系直接与我们联系。或者，也可以给编辑组发电子邮件，地址是implywallst.com。
本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。
