Nwam LLC acquired a new position in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,691 shares of the solar cell manufacturer’s stock, valued at approximately $728,000.
Several other hedge funds have also recently added to or reduced their stakes in FSLR. Aventura Private Wealth LLC bought a new position in First Solar in the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of First Solar in the fourth quarter valued at approximately $26,000. Reflection Asset Management acquired a new stake in shares of First Solar in the fourth quarter worth $26,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar in the second quarter worth $26,000. Finally, Larson Financial Group LLC increased its position in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the period. Institutional investors own 92.08% of the company’s stock.
First Solar Trading Down 5.3%
Shares of First Solar stock opened at $211.93 on Friday. First Solar, Inc. has a 52-week low of $167.60 and a 52-week high of $320.95. The firm has a market capitalization of $22.77 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.50 and a beta of 1.73. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. The company’s fifty day moving average price is $251.39 and its two-hundred day moving average price is $229.14.
Key Stories Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Recent analyst and valuation commentary still points to upside potential, with some estimates implying the stock may be trading below intrinsic value and price targets remaining well above current levels. First Solar (FSLR) Stock Sees Modest Fair Value Lift As Analysts Weigh Tariffs And Tax Credits
- Positive Sentiment: First Solar confirmed it will release second-quarter results on July 30, giving investors a near-term catalyst for updates on demand, margins, and guidance. First Solar, Inc. to Announce Second Quarter 2026 Financial Results on July 30, 2026
- Neutral Sentiment: Some market commentary says the pullback could simply reflect profit-taking after recent strength and renewed attention on the stock’s longer-term valuation. Is First Solar (FSLR) Reasonable After Tariff Hopes And A 31% Gap?
- Negative Sentiment: Multiple class action lawsuits were filed against First Solar, increasing legal risk and keeping pressure on sentiment around tariff and production disclosures. Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSLR
- Negative Sentiment: Investor notices and legal reminders suggest the securities case is still fresh, with a lead plaintiff deadline of August 24 and allegations tied to tariff-related harm. SueWallSt Reminds First Solar, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of August 24, 2026 – FSLR
- Negative Sentiment: Quiver’s market read says traders are weighing the legal overhang and awaiting results, with insider selling and mixed institutional positioning adding to caution. First Solar Slides as Traders Weigh Legal Overhang and Await Late-July Results
Insider Activity
In other First Solar news, CFO Alexander R. Bradley sold 498 shares of First Solar stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $107,383.74. Following the sale, the chief financial officer directly owned 30,712 shares of the company’s stock, valued at approximately $6,622,428.56. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Georges Antoun sold 566 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $122,046.58. Following the completion of the sale, the insider owned 19,918 shares in the company, valued at approximately $4,294,918.34. This represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 31,893 shares of company stock valued at $7,893,775. 0.39% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. Citigroup reduced their price target on shares of First Solar from $300.00 to $243.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Jefferies Financial Group cut their price objective on shares of First Solar from $205.00 to $187.00 and set a “hold” rating for the company in a research report on Tuesday, April 7th. UBS Group increased their target price on shares of First Solar from $290.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Mizuho lifted their target price on First Solar from $243.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, June 12th. Finally, Evercore upped their price target on First Solar from $212.00 to $219.00 in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $256.41.
View Our Latest Report on First Solar
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.
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