First Solar, Inc. $FSLR Stake Raised by Forsta AP Fonden

Posted by Doug Wharley on Jun 1st, 2026

Forsta AP Fonden grew its holdings in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) by 43.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,400 shares of the solar cell manufacturer’s stock after buying an additional 10,100 shares during the period. Forsta AP Fonden’s holdings in First Solar were worth $8,725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of First Solar by 3.5% during the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after buying an additional 464,130 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of First Solar by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after buying an additional 24,206 shares during the last quarter. Viking Global Investors LP increased its stake in shares of First Solar by 60.6% during the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares during the period. Amundi increased its stake in shares of First Solar by 38.6% during the third quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after acquiring an additional 564,032 shares during the period. Finally, Norges Bank acquired a new position in shares of First Solar during the fourth quarter valued at approximately $392,040,000. Institutional investors own 92.08% of the company’s stock.

First Solar Stock Performance

First Solar stock opened at $306.79 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The firm has a market cap of $32.96 billion, a price-to-earnings ratio of 19.82, a price-to-earnings-growth ratio of 0.68 and a beta of 1.70. First Solar, Inc. has a 1 year low of $135.50 and a 1 year high of $313.75. The firm’s 50 day moving average price is $213.45 and its two-hundred day moving average price is $231.38.

First Solar (NASDAQ:FSLR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.35. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.95 earnings per share. On average, research analysts predict that First Solar, Inc. will post 17.64 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Royal Bank Of Canada lowered their price objective on shares of First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Robert W. Baird reiterated a “neutral” rating and set a $205.00 price objective (down from $264.00) on shares of First Solar in a research note on Wednesday, February 25th. JPMorgan Chase & Co. lowered their price objective on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Wolfe Research lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Finally, Mizuho lowered their price objective on shares of First Solar from $271.00 to $243.00 and set an “outperform” rating on the stock in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $247.40.

Get Our Latest Stock Analysis on First Solar

Insider Transactions at First Solar

In other First Solar news, CEO Mark R. Widmar sold 9,926 shares of First Solar stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $233.21, for a total value of $2,314,842.46. Following the transaction, the chief executive officer owned 95,148 shares in the company, valued at approximately $22,189,465.08. The trade was a 9.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kuntal Kumar Verma sold 3,426 shares of First Solar stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $671,256.18. Following the completion of the transaction, the insider owned 8,334 shares in the company, valued at approximately $1,632,880.62. This trade represents a 29.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,827 shares of company stock valued at $20,006,930 in the last 90 days. 0.39% of the stock is owned by corporate insiders.

First Solar News Summary

Here are the key news stories impacting First Solar this week:

Positive Sentiment: GLJ Research upgraded First Solar to Buy from Hold and raised its price target, giving traders a fresh catalyst and helping fuel the latest jump in shares. First Solar (FSLR) Shares Skyrocket, What You Need To Know
Positive Sentiment: Investor interest is being boosted by expectations for potential U.S. trade-policy developments, including a possible Section 232 backdrop that could support domestically produced solar modules and improve pricing power for First Solar. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum
Positive Sentiment: The stock is also benefiting from post-earnings momentum, a breakout to fresh highs, and broader enthusiasm for solar names tied to rising AI data-center electricity demand. Solar Stocks To Watch As AI Drives Energy Demand
Neutral Sentiment: Multiple recent articles note that First Solar is breaking out and attracting momentum traders, which can amplify moves as investors chase strength. Stock Market Today: Indexes Rise On U.S.-Iran Deal Hopes; Snowflake Surges, First Solar Breaks Out (Live Coverage)
Neutral Sentiment: Analyst coverage remains supportive overall, with a recent consensus rating of “Moderate Buy,” reinforcing a constructive longer-term view. First Solar, Inc. Receives Consensus Rating of “Moderate Buy” from Analysts
Negative Sentiment: Despite the rally, insider activity has shown heavy selling over the past six months, which may temper enthusiasm for some investors. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum

About First Solar

(Free Report)

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.