4,690 Shares in First Solar, Inc. $FSLR Acquired by EFG International AG

EFG International AG bought a new position in shares of First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,690 shares of the solar cell manufacturer’s stock, valued at approximately $1,107,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Reflection Asset Management acquired a new position in shares of First Solar during the fourth quarter worth $26,000. Commonwealth Retirement Investments LLC bought a new stake in shares of First Solar in the fourth quarter worth $26,000. Larson Financial Group LLC increased its holdings in First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after purchasing an additional 55 shares during the period. Elyxium Wealth LLC acquired a new stake in First Solar in the fourth quarter valued at $30,000. Finally, MV Capital Management Inc. acquired a new stake in First Solar in the fourth quarter valued at $30,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on FSLR. Citigroup lifted their target price on First Solar from $294.00 to $297.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. TD Cowen reissued a “buy” rating on shares of First Solar in a research note on Monday, July 20th. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Morgan Stanley lifted their price objective on First Solar from $245.00 to $323.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. Finally, Robert W. Baird set a $318.00 target price on First Solar and gave the company an “outperform” rating in a report on Tuesday, August 11th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, First Solar currently has an average rating of “Moderate Buy” and a consensus target price of $265.37.

Insiders Place Their Bets

In related news, CTO Markus Gloeckler sold 3,425 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $218.95, for a total transaction of $749,903.75. Following the completion of the sale, the chief technology officer owned 7,471 shares of the company’s stock, valued at $1,635,775.45. This trade represents a 31.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jason E. Dymbort sold 3,700 shares of First Solar 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 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,081 shares of company stock valued at $3,457,086 over the last 90 days. 0.39% of the stock is owned by company insiders.

First Solar Stock Down 0.4%

Shares of NASDAQ FSLR opened at $205.93 on Thursday. The company has a market capitalization of $22.13 billion, a PE ratio of 12.70, a P/E/G ratio of 0.45 and a beta of 1.75. First Solar, Inc. has a twelve month low of $182.99 and a twelve month high of $320.95. The firm has a fifty day simple moving average of $225.43 and a 200 day simple moving average of $223.58.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the firm posted $3.18 earnings per share. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, equities analysts expect that First Solar, Inc. will post 17.77 earnings per share for the current fiscal year.

Key Stories Impacting First Solar

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

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.