TrueWealth Advisors LLC Lowers Stock Position in First Solar, Inc. $FSLR

Posted by Brian Himes on Aug 8th, 2026

TrueWealth Advisors LLC cut its stake in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) by 50.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,024 shares of the solar cell manufacturer’s stock after selling 2,066 shares during the period. TrueWealth Advisors LLC’s holdings in First Solar were worth $478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Apollon Wealth Management LLC lifted its stake in First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after acquiring an additional 44 shares in the last quarter. Root Financial Partners LLC boosted its holdings in First Solar by 18.2% during the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after acquiring an additional 45 shares during the period. FIL Ltd grew its position in First Solar by 6.9% in the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after acquiring an additional 46 shares in the last quarter. Fielder Capital Group LLC grew its position in First Solar by 4.1% in the 4th quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock valued at $312,000 after acquiring an additional 47 shares in the last quarter. Finally, Burford Brothers Inc. increased its stake in First Solar by 0.3% during the fourth quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock worth $4,984,000 after purchasing an additional 48 shares during the period. 92.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FSLR. Zacks Research raised shares of First Solar from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. BMO Capital Markets dropped their price objective on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Barclays upped their target price on shares of First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Susquehanna increased their target price on shares of First Solar from $250.00 to $270.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Finally, Wells Fargo & Company raised their price target on shares of First Solar from $300.00 to $313.00 and gave the company an “overweight” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $254.89.

View Our Latest Stock Analysis on First Solar

First Solar News Summary

Here are the key news stories impacting First Solar this week:

Positive Sentiment: The Trump administration imposed a 15% tariff and minimum import-price requirements on polysilicon and downstream products under Section 232. The policy, scheduled to take effect December 4, could reduce low-cost Chinese competition and support pricing for U.S. solar manufacturers. Solar stocks shine after Trump extends China tariffs to polysilicon products
Positive Sentiment: First Solar publicly supported the action, saying it could help loosen China’s control of a critical solar-material supply chain. Chinese producers reportedly account for more than 90% of global polysilicon supply. First Solar applauds Section 232 action
Positive Sentiment: Wells Fargo raised its price target from $300 to $313 and maintained an overweight rating, saying the trade action could benefit First Solar more than previously expected. HSBC also upgraded the stock from hold to buy, reinforcing improving analyst sentiment. First Solar clears aggressive buy point
Neutral Sentiment: The company’s earlier quarterly earnings beat remains a supportive backdrop: First Solar reported $3.92 in earnings per share versus the $2.90 consensus estimate, although revenue declined 3.4% year over year. Its contracted backlog and domestic capacity expansion provide longer-term visibility, but investors remain focused on earnings durability.
Negative Sentiment: Several law firms are promoting a securities class action against First Solar and certain executives concerning alleged disclosures about production underutilization, South Carolina onshoring costs and related risks. The allegations remain unproven, but the August 24 lead-plaintiff deadline adds legal and reputational uncertainty. Pomerantz class action announcement

First Solar Price Performance

FSLR stock opened at $250.05 on Friday. The business’s 50-day moving average is $241.00 and its two-hundred day moving average is $225.26. The firm has a market capitalization of $26.87 billion, a P/E ratio of 15.42, a P/E/G ratio of 0.53 and a beta of 1.75. First Solar, Inc. has a 1 year low of $176.47 and a 1 year high of $320.95.

First Solar (NASDAQ:FSLR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the company posted $3.18 earnings per share. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, analysts expect that First Solar, Inc. will post 17.75 EPS for the current year.

Insider Buying and Selling

In related news, insider Caroline Stockdale sold 10,628 shares of First Solar stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total value of $2,929,076.80. Following the completion of the transaction, the insider owned 23,792 shares in the company, valued at $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $221.51, for a total transaction of $1,550,570.00. Following the transaction, the insider owned 7,642 shares of the company’s stock, valued at $1,692,779.42. This trade represents a 47.81% 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 have sold 38,505 shares of company stock valued at $9,398,886 over the last ninety days. 0.39% of the stock is currently owned by corporate insiders.

First Solar Company Profile

(Free Report)

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.