Commerce Bank Invests $838,000 in First Solar, Inc. $FSLR

Commerce Bank acquired a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,552 shares of the solar cell manufacturer’s stock, valued at approximately $838,000.

A number of other large investors have also modified their holdings of the company. Woodline Partners LP increased its stake in First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after acquiring an additional 2,615 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in First Solar by 50.9% during the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after purchasing an additional 174 shares in the last quarter. Brown Advisory Inc. boosted its holdings in First Solar by 84.3% during the second quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock valued at $750,000 after purchasing an additional 2,072 shares in the last quarter. Cerity Partners LLC bought a new stake in shares of First Solar in the 2nd quarter valued at approximately $494,000. Finally, AXA S.A. grew its stake in shares of First Solar by 6.3% in the 2nd quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after purchasing an additional 1,115 shares during the period. 92.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FSLR. Morgan Stanley increased their target price on First Solar from $245.00 to $323.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Guggenheim upped their price target on First Solar from $279.00 to $282.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Argus reiterated a “buy” rating and set a $275.00 price objective on shares of First Solar in a research note on Wednesday. Evercore reissued a “positive” rating and set a $218.00 price objective on shares of First Solar in a report on Monday, August 17th. Finally, Oppenheimer restated a “market perform” rating on shares of First Solar in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $265.37.

First Solar Price Performance

Shares of FSLR opened at $205.93 on Thursday. The company has a market capitalization of $22.13 billion, a P/E ratio of 12.70, a PEG ratio of 0.45 and a beta of 1.75. First Solar, Inc. has a one year low of $182.99 and a one year high of $320.95. The business’s 50 day simple moving average is $225.43 and its 200-day simple moving average is $223.58.

First Solar (NASDAQ:FSLR) last released 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 business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The firm’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 posted $3.18 earnings per share. On average, sell-side analysts anticipate that First Solar, Inc. will post 17.77 EPS for the current fiscal year.

More 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

Insider Activity at First Solar

In other First Solar news, General Counsel Jason E. Dymbort sold 3,700 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,402,513.12. The trade was a 39.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $222.95, for a total transaction of $28,314.65. Following the transaction, the executive vice president owned 2,018 shares in the company, valued at $449,913.10. The trade was a 5.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 15,081 shares of company stock worth $3,457,086. 0.39% of the stock is owned by insiders.

First Solar 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.