Korea Investment CORP Acquires Shares of 67,052 First Solar, Inc. $FSLR

Korea Investment CORP acquired a new position in First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 67,052 shares of the solar cell manufacturer’s stock, valued at approximately $15,822,000.

Several other hedge funds and other institutional investors also recently modified their holdings of FSLR. Woodline Partners LP lifted its position in shares of First Solar by 40.7% during the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after acquiring an additional 2,615 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in First Solar by 50.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock worth $85,000 after purchasing an additional 174 shares during the period. Brown Advisory Inc. boosted its stake in First Solar by 84.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock worth $750,000 after purchasing an additional 2,072 shares during the period. Cerity Partners LLC purchased a new position in First Solar during the 2nd quarter valued at about $494,000. Finally, AXA S.A. grew its holdings in First Solar by 6.3% during the 2nd quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after buying an additional 1,115 shares in the last quarter. Institutional investors 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: First Solar could benefit competitively as a wave of bankruptcies pressures weaker solar-sector companies, potentially improving its relative market position and customer opportunities. First Solar stands to gain as bankruptcy wave hits solar sector
• Neutral Sentiment: The securities class action covers investors who purchased First Solar shares between February 26, 2025, and February 24, 2026. Investors have been urged to seek lead-plaintiff status by August 24. The deadline notices from Kaplan Fox, Pomerantz, Faruqi & Faruqi, Rosen, SBS, DJS and other firms largely repeat the same information and do not represent a new operating announcement by First Solar. Kaplan Fox class action deadline notice
• Negative Sentiment: The lawsuit alleges that First Solar and certain officers violated federal securities laws by making misleading statements or omissions. Reported areas of investor concern include underutilization in Series 6 module production and costly challenges associated with expanding domestic manufacturing operations in South Carolina. If the case advances, it could create legal costs, potential damages and reputational risk for First Solar. SueWallSt First Solar class action allegations

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Oppenheimer reiterated a “market perform” rating on shares of First Solar in a research report on Friday, July 31st. Susquehanna raised their price objective on shares of First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a research report on Friday, July 10th. Jefferies Financial Group set a $196.00 price objective on shares of First Solar in a research note on Monday, August 3rd. Guggenheim upped their target price on shares of First Solar from $279.00 to $282.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, HSBC upgraded shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $264.44.

Insider Activity at First Solar

In other First Solar news, EVP Samantha L. Sloan sold 127 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $222.95, for a total transaction of $28,314.65. Following the sale, the executive vice president owned 2,018 shares in the company, valued at $449,913.10. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Caroline Stockdale sold 10,628 shares of First Solar stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total value of $2,929,076.80. Following the sale, the insider directly owned 23,792 shares of the company’s stock, valued at approximately $6,557,075.20. This trade represents a 30.88% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 25,709 shares of company stock worth $6,386,163 in the last three months. 0.39% of the stock is owned by insiders.

First Solar Price Performance

Shares of NASDAQ FSLR opened at $214.28 on Monday. The stock’s 50-day simple moving average is $228.86 and its two-hundred day simple moving average is $224.21. First Solar, Inc. has a twelve month low of $182.99 and a twelve month high of $320.95. The firm has a market capitalization of $23.02 billion, a P/E ratio of 13.21, a P/E/G ratio of 0.47 and a beta of 1.76.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter last year, the company posted $3.18 EPS. As a group, research analysts anticipate that First Solar, Inc. will post 17.72 EPS for the current fiscal year.

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.