Why I'm telling friends to avoid gold stocks

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

Mark Widmar Biography and Net Worth

CEO & Director of First Solar

Mark R. Widmar was appointed Chief Executive Officer in July 2016. He joined First Solar in April 2011 as Chief Financial Officer and also served as First Solar’s Chief Accounting Officer from February 2012 through June 2015. From March 2015 to June 2016, Mr. Widmar served as the Chief Financial Officer and through June 2018, served as a director on the board of the general partner of 8point3 Energy Partners LP (“8point3”), the joint yieldco formed by First Solar and SunPower Corporation in 2015 to own and operate a portfolio of selected solar generation assets. Prior to joining First Solar, Mr. Widmar served as Chief Financial Officer of GrafTech International Ltd., a leading global manufacturer of advanced carbon and graphite materials, from May 2006 through March 2011. Prior to joining GrafTech, Mr. Widmar served as Corporate Controller of NCR Inc. from 2005 to 2006, and was a Business Unit Chief Financial Officer for NCR from November 2002 to his appointment as Controller. He also served as a Division Controller at Dell, Inc. from August 2000 to November 2002. Mr. Widmar also held various financial and managerial positions with Lucent Technologies Inc., Allied Signal, Inc., and Bristol Myers/Squibb, Inc. He began his career in 1987 as an accountant with Ernst & Young. Mr. Widmar holds a Bachelor of Science in business accounting and a Master of Business Administration from Indiana University.

What is Mark R. Widmar's net worth?: The estimated net worth of Mark R. Widmar is at least $14.97 million as of July 28th, 2023. Mr. Widmar owns 81,861 shares of First Solar stock worth more than $14,965,009 as of December 23rd. This net worth estimate does not reflect any other investments that Mr. Widmar may own. Additionally, Mr. Widmar receives a salary of $2,730,000.00 as CEO & Director at First Solar. Learn More about Mark R. Widmar's net worth.
How old is Mark R. Widmar?: Mr. Widmar is currently 58 years old. There are 9 older executives and no younger executives at First Solar. Learn More on Mark R. Widmar's age.
What is Mark R. Widmar's salary?: As the CEO & Director of First Solar, Inc., Mr. Widmar earns $2,730,000.00 per year. Learn More on Mark R. Widmar's salary.
How do I contact Mark R. Widmar?: The corporate mailing address for Mr. Widmar and other First Solar executives is 350 WEST WASHINGTON STREET SUITE 600, TEMPE AZ, 85281. First Solar can also be reached via phone at (602) 414-9300 and via email at [email protected]. Learn More on Mark R. Widmar's contact information.
Has Mark R. Widmar been buying or selling shares of First Solar?: Mark R. Widmar has not been actively trading shares of First Solar within the last three months. Most recently, Mark R. Widmar sold 2,160 shares of the business's stock in a transaction on Friday, July 28th. The shares were sold at an average price of $223.41, for a transaction totalling $482,565.60. Following the completion of the sale, the chief executive officer now directly owns 81,861 shares of the company's stock, valued at $18,288,566.01. Learn More on Mark R. Widmar's trading history.
Who are First Solar's active insiders?: First Solar's insider roster includes Georges Antoun (Insider), Alexander Bradley (CFO), Patrick Buehler (Insider), Richard Chapman (Director), Philip deJong (COO), Jason Dymbort (General Counsel), Raffi Garabedian (CTO), Markus Gloeckler (CTO), George Hambro (Director), Byron Jeffers (CAO), R. Kennedy (Director), Michael Koralewski (Insider), William Post (Director), Paul Stebbins (Director), Caroline Stockdale (Chief People and Communications Officer), Michael Sweeney (Director), Kuntal Verma (Insider), Lukas Walton (Major Shareholder), and Mark Widmar (CEO & Director). Learn More on First Solar's active insiders.
Are insiders buying or selling shares of First Solar?: During the last twelve months, insiders at the solar cell manufacturer sold shares 19 times. They sold a total of 88,658 shares worth more than $19,215,724.36. The most recent insider tranaction occured on August, 13th when insider Patrick James Buehler sold 8,619 shares worth more than $1,913,418.00. Insiders at First Solar own 0.6% of the company. Learn More about insider trades at First Solar.
Information on this page was last updated on 8/13/2024.

Mark R. Widmar Insider Trading History at First Solar

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
7/28/2023	Sell	2,160	$223.41	$482,565.60	81,861
7/17/2023	Sell	3,982	$205.00	$816,310.00	86,181
6/6/2023	Sell	39,948	$199.97	$7,988,401.56	90,163
3/3/2023	Sell	26,553	$206.70	$5,488,505.10	108,413
7/28/2022	Sell	32,239	$89.72	$2,892,483.08	81,861
5/6/2022	Sell	13,648	$75.28	$1,027,421.44	114,100
8/10/2020	Sell	79,918	$73.31	$5,858,788.58	150,008
2/24/2020	Sell	23,358	$51.21	$1,196,163.18	203,812
8/5/2019	Sell	34,964	$61.43	$2,147,838.52	145,285
4/10/2019	Sell	33,371	$60.00	$2,002,260.00	152,510
2/26/2018	Sell	20,574	$63.90	$1,314,678.60	78,634
12/7/2017	Sell	20,270	$64.40	$1,305,388.00	100,754
7/31/2017	Sell	43,189	$48.55	$2,096,825.95	107,454
12/16/2015	Sell	24,095	$65.00	$1,566,175.00	22,780
11/12/2015	Sell	88,333	$55.07	$4,864,498.31	46,876

Mark R. Widmar Buying and Selling Activity at First Solar

First Solar Company Overview

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

Today's Range

Now: $182.81

$180.52

$184.76

50 Day Range

MA: $196.01

$175.88

$215.89

2 Week Range

Now: $182.81

$135.88

$306.77

Volume

344,529 shs

Average Volume

2,497,663 shs

Market Capitalization

$19.57 billion

P/E Ratio

15.75

Dividend Yield

N/A

Beta

1.46

Why I'm telling friends to avoid gold stocks

From DTI | Ad

And if you’d like to get your hands on this, here you go, the complete breakdown.

Mark Widmar Biography and Net Worth

What is Mark R. Widmar's net worth?

How old is Mark R. Widmar?

What is Mark R. Widmar's salary?

How do I contact Mark R. Widmar?

Has Mark R. Widmar been buying or selling shares of First Solar?

Who are First Solar's active insiders?

Are insiders buying or selling shares of First Solar?