Panoramic Capital LLC Makes New Investment in First Solar, Inc. $FSLR

Panoramic Capital LLC bought a new stake in First Solar, Inc. (NASDAQ:FSLR) during the second quarter, Holdings Channel.com reports. The firm bought 32,500 shares of the solar cell manufacturer’s stock, valued at approximately $7,669,000. First Solar makes up about 3.3% of Panoramic Capital LLC’s holdings, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of FSLR. BlackRock Inc. acquired a new stake in shares of First Solar in the second quarter valued at approximately $3,310,298,000. Hill City Capital LP acquired a new position in shares of First Solar during the second quarter worth approximately $620,133,555,000. Norges Bank bought a new position in First Solar in the 4th quarter worth approximately $392,040,000. Deutsche Bank AG bought a new position in First Solar in the 2nd quarter worth approximately $212,626,000. Finally, Viking Global Investors LP increased its position in First Solar by 60.6% in the 2nd 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. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar Trading Down 0.4%

Shares of NASDAQ FSLR opened at $205.93 on Thursday. First Solar, Inc. has a twelve month low of $182.99 and a twelve month high of $320.95. The firm has a 50-day moving average of $225.43 and a two-hundred day moving average of $223.58. The company has a market capitalization of $22.13 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 0.45 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the company posted $3.18 EPS. The business’s revenue was down 3.4% compared to the same quarter last year. As a group, research analysts predict that First Solar, Inc. will post 17.77 earnings per share for the current year.

Insider Buying and Selling at First Solar

In other First Solar news, EVP Samantha L. Sloan sold 127 shares of First Solar stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $222.95, for a total value of $28,314.65. Following the transaction, the executive vice president owned 2,018 shares in the company, valued at approximately $449,913.10. The trade was a 5.92% 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 sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jason E. Dymbort sold 3,700 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total value of $922,706.00. Following the completion of the transaction, the general counsel directly owned 5,624 shares in the company, valued at $1,402,513.12. This represents a 39.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 15,081 shares of company stock valued at $3,457,086. 0.39% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FSLR has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. Morgan Stanley increased their target price on shares of First Solar from $245.00 to $323.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. The Goldman Sachs Group raised their target price on shares of First Solar from $300.00 to $310.00 in a research note on Friday, May 1st. Barclays boosted their price target on shares of First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Finally, Jefferies Financial Group set a $196.00 price target on shares of First Solar in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, First Solar has a consensus rating of “Moderate Buy” and a consensus target price of $265.37.

Key First Solar News

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

• Positive Sentiment: Argus reaffirmed its Buy rating and set a $275 price target, implying substantial upside from recent trading levels and signaling confidence in First Solar’s valuation and outlook. Benzinga rating report
• Positive Sentiment: Potential U.S. government support could benefit First Solar. New Section 232 tariffs on polysilicon imports may encourage additional domestic-solar investment, including the possibility of government-backed equity arrangements modeled on the Intel deal. However, no such investment in First Solar has been confirmed. Trump solar tariffs article
• Positive Sentiment: Value-focused coverage remains supportive. Zacks identified FSLR as a highly ranked value stock, potentially attracting investors seeking comparatively inexpensive solar exposure. Zacks value-stock article
• Neutral Sentiment: Jim Cramer discussed First Solar alongside several other stocks, but the report provided no specific new recommendation or fundamental update for FSLR. Jim Cramer stock discussion
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, making the figures unreliable or non-informative for trading analysis.
• Negative Sentiment: New FCC restrictions on foreign inverters are favoring SolarEdge more directly, while First Solar and Enphase drifted lower. The policy divergence suggests investors do not view FSLR as a primary beneficiary of the inverter-related rule change. SolarEdge and inverter import curbs article
• Negative Sentiment: Two law firms announced investigations or investor solicitations involving First Solar. These notices can weigh on sentiment by raising concerns about potential shareholder litigation, although they do not establish wrongdoing or financial liability. First Solar investor alert

About First Solar

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.