First Solar, Inc. $FSLR Shares Bought by Sei Investments Co.

Sei Investments Co. lifted its holdings in shares of First Solar, Inc. (NASDAQ:FSLR) by 72.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,096 shares of the solar cell manufacturer’s stock after purchasing an additional 24,780 shares during the period. Sei Investments Co.’s holdings in First Solar were worth $11,655,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Lido Advisors LLC raised its stake in First Solar by 58.9% in the 1st quarter. Lido Advisors LLC now owns 18,517 shares of the solar cell manufacturer’s stock valued at $3,653,000 after purchasing an additional 6,864 shares during the last quarter. State of Wyoming lifted its stake in shares of First Solar by 1,666.9% during the first quarter. State of Wyoming now owns 2,456 shares of the solar cell manufacturer’s stock valued at $484,000 after buying an additional 2,317 shares during the period. CI Investments Inc. lifted its stake in shares of First Solar by 0.9% during the first quarter. CI Investments Inc. now owns 32,048 shares of the solar cell manufacturer’s stock valued at $6,322,000 after buying an additional 277 shares during the period. First Trust Advisors LP boosted its position in First Solar by 26.0% during the first quarter. First Trust Advisors LP now owns 337,041 shares of the solar cell manufacturer’s stock worth $66,485,000 after acquiring an additional 69,518 shares during the last quarter. Finally, Westpac Banking Corp acquired a new stake in First Solar during the first quarter worth approximately $88,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.

First Solar Trading Up 2.4%

Shares of FSLR opened at $211.03 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. First Solar, Inc. has a one year low of $171.99 and a one year high of $320.95. The stock has a 50-day moving average price of $245.08 and a 200 day moving average price of $225.23. The company has a market capitalization of $22.68 billion, a P/E ratio of 13.01, a P/E/G ratio of 0.46 and a beta of 1.73.

First Solar (NASDAQ:FSLR) last released its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating the consensus estimate of $2.90 by $1.02. First Solar had a return on equity of 18.42% and a net margin of 32.47%.The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the business posted $3.18 EPS. The business’s revenue was down 3.4% on a year-over-year basis. Sell-side analysts forecast that First Solar, Inc. will post 17.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Georges Antoun sold 566 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $122,046.58. Following the sale, the insider directly owned 19,918 shares of the company’s stock, valued at approximately $4,294,918.34. This represents a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Alexander R. Bradley sold 498 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $107,383.74. Following the completion of the transaction, the chief financial officer directly owned 30,712 shares in the company, valued at $6,622,428.56. This represents a 1.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 31,893 shares of company stock worth $7,893,775. 0.39% of the stock is currently owned by insiders.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Profit and margins exceeded expectations. First Solar reported second-quarter EPS of $3.92, well above the $2.99 analyst consensus and up from $3.18 a year earlier. Gross margin expanded to approximately 57%, while adjusted EBITDA rose to $644 million from $560 million. First Solar’s Q2 Earnings Beat Estimates, Revenues Decrease Y/Y
• Positive Sentiment: Strong long-term demand visibility supported the bullish reaction. Management highlighted a record backlog, 45.1 gigawatts of contracted sales at quarter-end, domestic manufacturing expansion, technology investments and policy-driven opportunities extending through 2030. The company also cited a cumulative production milestone above 100 GW. FSLR Q2 Earnings Call Highlights Domestic Solar Push
• Positive Sentiment: Analysts maintained bullish ratings. Goldman Sachs reiterated a Buy rating with a $310 price target, while Needham maintained Buy with a $303 target, citing attractive valuation, demand momentum and potential support from Section 232 tariffs. First Solar: Strong Q2 Beat and Solid Demand Momentum
• Neutral Sentiment: Full-year guidance was reaffirmed. First Solar maintained 2026 net sales guidance of $4.9 billion to $5.2 billion, broadly in line with expectations. However, the midpoint is slightly below consensus, limiting the upside from the earnings beat. First Solar Announces Second Quarter 2026 Results
• Negative Sentiment: Revenue declined year over year. Sales fell about 4% to $1.06 billion, primarily because customer contract cancellations offset higher third-party module sales. The company is also navigating Section 232 tariff uncertainty and rising input costs. First Solar Sales Fall on Contract Cancellations
• Negative Sentiment: Securities litigation remains an overhang. Multiple law firms publicized a shareholder class action concerning alleged misrepresentations about tariffs and production challenges, with an August 24, 2026 lead-plaintiff deadline. These notices may pressure sentiment, although they do not represent a court finding of wrongdoing. Kaplan Fox First Solar Shareholder Notice

Wall Street Analysts Forecast Growth

FSLR has been the topic of several analyst reports. Oppenheimer restated a “market perform” rating on shares of First Solar in a report on Friday. Roth Capital restated a “buy” rating and issued a $300.00 price target on shares of First Solar in a report on Friday, July 24th. Barclays upped their price objective on shares of First Solar from $213.00 to $279.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft raised shares of First Solar from a “hold” rating to a “buy” rating and upped their price target for the stock from $245.00 to $272.00 in a research report on Monday, July 6th. Finally, The Goldman Sachs Group upped their price objective on First Solar from $300.00 to $310.00 in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $252.86.

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.