OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Invests $1.14 Million in Canadian Solar Inc. $CSIQ

Posted by George Bondi on Jun 16th, 2026

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Canadian Solar Inc. (NASDAQ:CSIQ – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 47,962 shares of the solar energy provider’s stock, valued at approximately $1,140,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CSIQ. Raymond James Financial Inc. bought a new position in shares of Canadian Solar during the 2nd quarter worth about $33,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Canadian Solar by 335.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 3,198 shares of the solar energy provider’s stock worth $42,000 after acquiring an additional 2,463 shares during the period. China Universal Asset Management Co. Ltd. bought a new position in shares of Canadian Solar during the 4th quarter worth about $48,000. Quarry LP bought a new position in shares of Canadian Solar during the 4th quarter worth about $54,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Canadian Solar by 7.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,796 shares of the solar energy provider’s stock worth $63,000 after acquiring an additional 312 shares during the period. 52.36% of the stock is owned by institutional investors.

Insider Activity

In other Canadian Solar news, Director Leslie Li Hsien Chang sold 1,767 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $19.45, for a total value of $34,368.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrew Luen Cheung Wong sold 1,752 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $16.33, for a total transaction of $28,610.16. The SEC filing for this sale provides additional information. Company insiders own 21.50% of the company’s stock.

Canadian Solar Trading Up 0.9%

CSIQ opened at $16.88 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.81 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $1.14 billion, a PE ratio of -6.70 and a beta of 1.49. Canadian Solar Inc. has a 1-year low of $9.41 and a 1-year high of $34.59. The firm has a 50-day moving average price of $16.21 and a two-hundred day moving average price of $19.03.

Canadian Solar (NASDAQ:CSIQ – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The solar energy provider reported ($0.71) earnings per share for the quarter, beating the consensus estimate of ($1.06) by $0.35. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $950.43 million. Canadian Solar had a negative net margin of 1.87% and a negative return on equity of 4.20%. The company’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same quarter last year, the company posted ($1.07) EPS. As a group, equities analysts anticipate that Canadian Solar Inc. will post -1.16 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CSIQ. Roth Mkm cut their price target on shares of Canadian Solar from $30.00 to $15.00 and set a “neutral” rating for the company in a report on Monday, March 23rd. Wells Fargo & Company cut their price target on shares of Canadian Solar from $23.00 to $17.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Mizuho lifted their price target on shares of Canadian Solar from $15.00 to $18.00 and gave the company a “neutral” rating in a report on Monday. Wall Street Zen raised shares of Canadian Solar from a “strong sell” rating to a “sell” rating in a report on Saturday, May 23rd. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Canadian Solar in a report on Friday, March 27th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Canadian Solar currently has an average rating of “Reduce” and a consensus target price of $18.66.

View Our Latest Research Report on Canadian Solar

Canadian Solar Company Profile

(Free Report)

Canadian Solar Inc (NASDAQ: CSIQ) is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world’s largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.

In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.