Korea Investment CORP Sells 5,876 Shares of First Solar, Inc. $FSLR

Korea Investment CORP decreased its position in First Solar, Inc. (NASDAQ:FSLR) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,465 shares of the solar cell manufacturer’s stock after selling 5,876 shares during the period. Korea Investment CORP’s holdings in First Solar were worth $14,437,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the 2nd quarter worth about $26,000. Total Investment Management Inc. bought a new position in shares of First Solar in the 2nd quarter valued at about $36,000. CYBER HORNET ETFs LLC acquired a new stake in shares of First Solar during the 2nd quarter worth approximately $47,000. NBT Bank N A NY grew its position in shares of First Solar by 550.0% during the 3rd quarter. NBT Bank N A NY now owns 221 shares of the solar cell manufacturer’s stock worth $49,000 after buying an additional 187 shares during the period. Finally, CoreFirst Bank & Trust bought a new stake in shares of First Solar during the second quarter worth approximately $50,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.

First Solar Trading Up 1.2%

FSLR opened at $200.25 on Thursday. The firm’s fifty day moving average is $230.08 and its two-hundred day moving average is $236.15. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. The firm has a market cap of $21.49 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65. First Solar, Inc. has a twelve month low of $116.56 and a twelve month high of $285.99.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the business earned $3.65 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities research analysts anticipate that First Solar, Inc. will post 13.05 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Evercore cut their price objective on shares of First Solar from $241.00 to $212.00 in a report on Thursday, March 5th. Raymond James Financial started coverage on shares of First Solar in a research report on Monday, January 12th. They set a “market perform” rating for the company. Wolfe Research downgraded First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Jefferies Financial Group restated a “hold” rating and issued a $205.00 price target on shares of First Solar in a research report on Thursday, February 26th. Finally, The Goldman Sachs Group decreased their price objective on First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $249.65.

More First Solar News

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating (while trimming its price target), signaling confidence in demand and the company’s growth trajectory — this helps underpin buying interest. Read More.
• Positive Sentiment: Broader analyst/backing and coverage (several buys and outperform ratings from firms such as Guggenheim and Goldman cited in recent notes) reinforce a longer‑term bullish view even as some targets were trimmed — supports conviction among growth/value investors. Read More.
• Neutral Sentiment: Market context: Zacks notes FSLR rose while the broader market dipped — a near‑term technical/flow event rather than fundamental news. Traders may have rotated into defensible renewable names on the pullback. Read More.
• Neutral Sentiment: Relative performance note: commentary that FSLR has lagged some energy peers in 2026 is more market narrative than company news, but can weigh on sentiment/flows if investors favor cyclical energy winners. Read More.
• Negative Sentiment: Significant insider selling on March 9–10: multiple senior executives — including CEO Mark Widmar (5,537 shares, ~\$1.05M) and other C‑suite members — sold stock. The breadth of sales can be perceived as reduced insider exposure or opportunistic monetization and is a short‑term negative for investor sentiment. Read More.
• Negative Sentiment: Pomerantz issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny increases uncertainty and is typically viewed as a near‑term headwind for the stock. Read More.

Insider Activity

In other First Solar news, insider Kuntal Kumar Verma sold 3,426 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total value of $671,256.18. Following the completion of the transaction, the insider directly owned 8,334 shares of the company’s stock, valued at approximately $1,632,880.62. The trade was a 29.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Jason E. Dymbort sold 3,273 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total value of $641,278.89. Following the completion of the sale, the general counsel owned 16,625 shares of the company’s stock, valued at $3,257,336.25. This trade represents a 16.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 47,761 shares of company stock valued at $9,276,424. Company insiders own 0.48% of the company’s stock.

First Solar Company Profile

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.