Bryn Mawr Trust Advisors LLC Takes $1.42 Million Position in First Solar, Inc. $FSLR

Bryn Mawr Trust Advisors LLC acquired a new position in First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,035 shares of the solar cell manufacturer’s stock, valued at approximately $1,424,000.

Several other large investors have also added to or reduced their stakes in FSLR. Root Financial Partners LLC grew its position in First Solar by 18.2% in the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after purchasing an additional 45 shares in the last quarter. Fiduciary Financial Group LLC lifted its position in First Solar by 2.3% during the 2nd quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock worth $478,000 after buying an additional 45 shares in the last quarter. FIL Ltd lifted its position in First Solar by 6.9% during the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after buying an additional 46 shares in the last quarter. Fielder Capital Group LLC boosted its stake in shares of First Solar by 4.1% during the 4th quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after buying an additional 47 shares during the last quarter. Finally, Burford Brothers Inc. boosted its stake in shares of First Solar by 0.3% during the 4th quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock worth $4,984,000 after buying an additional 48 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar News Roundup

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

• Positive Sentiment: Robert W. Baird upgraded First Solar to Outperform and established a $318 price target. The firm said a Section 232 tariff decision removes a key overhang and could allow customers to resume bookings, improving the company’s outlook. First Solar Upgraded at Robert W. Baird
• Positive Sentiment: Solar power generated more electricity than wind globally for the first time last year and nearly matched nuclear generation. The milestone supports the broader growth case for solar manufacturers such as First Solar, although it does not represent a company-specific earnings update. Solar Power Hits Big Milestone, Trumping Wind For First Time
• Neutral Sentiment: First Solar’s general counsel sold 3,700 shares worth approximately $922,706 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his holdings by about 40%, but the planned nature of the sale limits its value as a signal about management’s current expectations. Jason Dymbort Sells First Solar Shares
• Negative Sentiment: Multiple law firms are publicizing a securities class action against First Solar and certain officers. The alleged class period is February 26, 2025, through February 24, 2026, and investors have until August 24, 2026, to seek lead-plaintiff status. The notices allege securities-law violations and investor losses related to disclosures concerning tariffs and company guidance; the allegations have not been proven. Pomerantz First Solar Class Action Filing

Insider Activity

In other news, General Counsel Jason E. Dymbort sold 3,700 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total value of $922,706.00. Following the completion of the sale, the general counsel directly owned 5,624 shares of the company’s stock, valued at $1,402,513.12. This trade represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark R. Widmar sold 4,815 shares of First Solar stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $247.43, for a total value of $1,191,375.45. Following the transaction, the chief executive officer owned 89,033 shares of the company’s stock, valued at $22,029,435.19. This represents a 5.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 30,979 shares of company stock valued at $7,694,724. 0.39% of the stock is owned by insiders.

Wall Street Analyst Weigh In

FSLR has been the subject of several analyst reports. Sanford C. Bernstein decreased their price objective on First Solar from $217.00 to $197.00 and set an “underperform” rating for the company in a report on Friday, July 31st. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Weiss Ratings raised First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 25th. Roth Capital restated a “buy” rating and issued a $300.00 price target on shares of First Solar in a research note on Friday, July 24th. Finally, The Goldman Sachs Group boosted their price target on First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, First Solar currently has an average rating of “Moderate Buy” and a consensus price target of $261.79.

First Solar Price Performance

Shares of FSLR opened at $225.56 on Friday. The firm has a 50-day moving average of $233.60 and a 200-day moving average of $224.87. First Solar, Inc. has a one year low of $179.06 and a one year high of $320.95. The company has a market cap of $24.24 billion, a PE ratio of 13.91, a price-to-earnings-growth ratio of 0.49 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, topping the consensus estimate of $2.90 by $1.02. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. First Solar’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.18 EPS. Analysts expect that First Solar, Inc. will post 17.75 earnings per share for the current year.

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.