Friday, June 11, 2010

Recent Insider Sales at First Solar, $80 Million Since April 30 (FSLR)

UPDATE:"First Solar: Cantor Starts With Sell Rating, $70 Price Target" (FSLR)"
In late pre-market the stock is at $105.00‎ down $4.36. Remember, the low on Tuesday was $100.19, a break below that would be bad news.
Original post:
The line is always "The sales were made as part of a previously established plan" or somesuch.
I can't recall ever hearing that out of Berkshire Hathaway.
Seven days of posts on FSLR:
Morgan Stanley Cuts EPS est., Target Price on First Solar; Maintains 'Overweight' (FSLR) 
Solar: Get on Board the CIGS Love Train (FSLR; ASTI; DSTI) Miasole; Nanosolar 
"Seven Reasons to Love the Euro" (FSLR; TSL) 
Part II: Solar’s Big Question: What Happens in the Second Half? (FSLR; SPWRA; STP; TSL) It's the Euro and the Politicians 
"Citi Maintains a 'Hold' on First Solar (FSLR); Cutting 2010 EPS & Price Target on FX Weakness" (FSLR) 
Hapoalim Cuts First Solar Target to $65 on Cadmium Telluride Risk; It Won't Matter and Probably Sets an Intermediate Low (FSLR) 
"Ready for a Positive Euro Surprise?"
Courtesey of SEC Form 4.com:
Common stock purchase or sale:
Transaction
& Date
Reported
Date
Company Symbol Insider
Relationship
Shares
Traded
Average
Price
Total
Amount
Shares
Ownership
Filing
2010-05-28
Sale
2010-06-02
7:23 pm
FIRST SOLAR, INC. FSLR Sweeney Michael T
(Director)
3,000 $111.5 $334,590 1,788
(Direct)
View
2010-05-18
Sale
2010-05-19
6:38 pm
FIRST SOLAR, INC. FSLR Eaglesham David J
(Chief Technology Officer)
5,000 $115.4 $576,802 1,944
(Direct)
View
2010-05-04
Sale
2010-05-06
6:08 pm
FIRST SOLAR, INC. FSLR JTW Trust No. 1 UAD 9/19/02
(Member of 13G group)
72,174 $140.1 $10,114,193 3,127,826
(Direct)
View
2010-05-04
Sale
2010-05-06
6:07 pm
FIRST SOLAR, INC. FSLR Estate of John T. Walton
(10% owner)
72,173 $140.1 $10,112,854 16,083,732
(Direct)
View
2010-05-03
Sale
2010-05-05
5:09 pm
FIRST SOLAR, INC. FSLR Estate of John T. Walton
(10% owner)
100,000 $146.3 $14,626,302 16,155,905
(Direct)
View
2010-05-03
Sale
2010-05-05
5:07 pm
FIRST SOLAR, INC. FSLR JTW Trust No. 1 UAD 9/19/02
(Member of 13G group)
100,000 $146.3 $14,626,858 3,200,000
(Direct)
View
2010-04-30
Sale
2010-05-04
5:45 pm
FIRST SOLAR, INC. FSLR Campbell Carol
(EVP, Human Resources)
5,019 $147.9 $742,410 527
(Direct)
View
2010-04-30
Sale
2010-05-04
5:43 pm
FIRST SOLAR, INC. FSLR Zhu James
(Chief Accounting Officer)
4,062 $148.6 $603,416 0
(Direct)
View
2010-04-30
Sale
2010-05-04
5:42 pm
FIRST SOLAR, INC. FSLR Eaglesham David J
(Chief Technology Officer)
15,882 $148 $2,350,835 1,944
(Direct)
View
2010-04-30
Sale
2010-05-04
5:39 pm
FIRST SOLAR, INC. FSLR MEYERHOFF JENS
(Chief Financial Officer)
30,000 $148.9 $4,468,476 8,710
(Direct)
View
2010-04-30
Sale
2010-05-04
5:37 pm
FIRST SOLAR, INC. FSLR JTW Trust No. 1 UAD 9/19/02
(Member of 13G group)
100,000 $145.3 $14,531,998 3,300,000
(Direct)
View
2010-04-30
Sale
2010-05-04
5:35 pm
FIRST SOLAR, INC. FSLR Estate of John T. Walton
(10% owner)
100,000 $145.3 $14,532,564 16,255,905
(Direct)
View