Insider Sale at First Solar (FSLR) Continues Selling Trend

Friday, January 05, 2018 10:15 PM ET

Insider Sale at First Solar (FSLR) Continues Selling Trend

An insider — Philip de Jong, Officer — disposed of 15,304 shares of First Solar having a market value of approximately $1,038,057 today, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 31,554 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 46,858 shares and have averaged 15,619 shares per transaction over this time period.

Insiders at First Solar have a higher number of buy/sell transactions than the 18-peer company average over the last 90-day period. However, the number of shares per average transaction for First Solar insider buy-sell trading is very close to the average of the Photovoltaic Solar Systems & Equipment peer group of companies. This peer group saw 60,677 shares purchased and 138,426 shares sold resulting in an average of 15,316 shares traded and netting out with company insiders having sold 5,981 shares on average.

The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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