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Solar Updates: SolarCity Corp (SCTY)’s New Project, First Solar, Inc. (FSLR) & SunPower Corporation (SPWR)’s Insiders

Editor’s Note: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR)

SolarCity behind one of largest solar installations in Mass. (Boston Business Journal)
SolarCity Corp (NASDAQ:SCTY), which is based in San Mateo, Calif. and has a regional office in Marlborough, Mass., has been tapped to provide solar electricity to the town of East Bridgewater, which will save the municipality up to $2 million in energy costs over the 25-year contract, the company said Thursday. The 45-person clean energy startup, which provides solar services including solar design, installation, financing and online monitoring, has provided the town with more than 10,000 solar panels. Because the install is at 2.45 megawatts of generation capacity, the project is among the largest solar installations in the Bay State, according to the company, and is expected to produce more than 3 million kilowatt hours of electricity each year.

SolarCity Corp (NASDAQ:SCTY)

Insider Selling: Raffi Garabedian Sells 2,362 Shares of First Solar Stock (FSLR) (Zolmax)
First Solar, Inc. (NASDAQ:FSLR) CTO Raffi Garabedian sold 2,362 shares of the company’s stock on the open market in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $37.03, for a total value of $87,464.86. Following the transaction, the chief technology officer now directly owns 1,069 shares of the company’s stock. A number of research firms have recently commented on FSLR. Analysts at TheStreet reiterated a “hold” rating on shares of First Solar, Inc. (NASDAQ:FSLR) in a research note to investors on Tuesday.

Insider Selling: SunPower Corp. EVP Sells 8,000 Shares of Stock (SPWR) (Watch List News)
SunPower Corporation (NASDAQ:SPWR) EVP Lisa Marie Bodensteiner unloaded 8,000 shares of SunPower Corp. stock on the open market in a transaction dated Thursday, August 29th. The stock was sold at an average price of $21.60, for a total value of $172,800.00. Following the sale, the executive vice president now directly owns 12,806 shares of the company’s stock. Several analysts have recently commented on the stock. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of SunPower Corp. in a research note to investors on Thursday, August 1st. Separately, analysts at Northland Securities raised their price target on shares of SunPower Corporation (NASDAQ:SPWR) from $33.00 to $38.00 in a research note to investors on Thursday, August 1st.

Solarcity Corp (SCTY) Performance Review As I See It (SmallCap Network)
The stock market is a rather unpredictable entity, and most investors that play in it, are always apprehensive of making poor investments that can burn them. For instance, take the poor performance of SolarCity Corp (NASDAQ:SCTY) after the high expectations analysts had predicted when it offered its IPO. And this has led to many of their investors either lowering the price of its shares, or altogether bailing out. The following is an insight in this regard. Shares of this firm have been available since it first made its appearance in the public market late last year, December 2012 to be more precise. And its value started to decline with as much as 11% in early May this year.

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