PensionDanmark Pensionsforsikringsaktieselskab trimmed its position in First Solar, Inc. (NASDAQ:FSLR – Free Report) by 79.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,950 shares of the solar cell manufacturer’s stock after selling 11,240 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in First Solar were worth $696,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in FSLR. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the second quarter valued at $26,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Solar during the fourth quarter worth $26,000. Reflection Asset Management bought a new position in shares of First Solar in the 4th quarter worth about $26,000. Larson Financial Group LLC lifted its position in shares of First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after buying an additional 55 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new position in First Solar in the fourth quarter valued at approximately $30,000. 92.08% of the stock is currently owned by institutional investors.
First Solar News Roundup
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Recent analyst actions were supportive: HSBC upgraded First Solar, while another analyst raised the price target to $313. The broader analyst consensus remains cautiously optimistic, with several targets above the current trading range. First Solar Upgraded at HSBC First Solar Price Target Raised to $313
- Positive Sentiment: First Solar reported higher second-quarter 2026 earnings, record quarterly and first-half sales volume, reaffirmed full-year guidance and maintained a 45.1-gigawatt backlog. New U.S. tariffs and minimum-price measures on imported polysilicon-related products could improve the competitive position of domestic manufacturers over time. First Solar’s Profit Engine Faces a New Policy Test in Washington
- Neutral Sentiment: The tariff framework appears strategically favorable, but analysts note that the impact may be staged rather than immediate. Investors are therefore reassessing the timing of stronger pricing power, customer purchasing and project starts. First Solar Slides as Tariff Euphoria Fades
- Negative Sentiment: Multiple law firms publicized a securities class action involving investors who purchased FSLR shares between February 26, 2025, and February 24, 2026. The August 24 lead-plaintiff deadline increases litigation visibility, although the notices do not establish wrongdoing. Rosen Law Firm Securities Action Notice
- Negative Sentiment: Reported trading data showed extensive insider selling, with no insider purchases during the past six months. Institutional ownership data also showed more investors reducing positions than adding shares, reinforcing near-term selling pressure.
First Solar Price Performance
First Solar (NASDAQ:FSLR – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating the consensus estimate of $2.90 by $1.02. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.18 earnings per share. As a group, research analysts expect that First Solar, Inc. will post 17.75 EPS for the current fiscal year.
Insider Activity
In other First Solar news, insider Caroline Stockdale sold 10,628 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $275.60, for a total value of $2,929,076.80. Following the sale, the insider owned 23,792 shares of the company’s stock, valued at $6,557,075.20. This trade represents a 30.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 829 shares of First Solar stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $248.00, for a total value of $205,592.00. Following the completion of the transaction, the chief technology officer directly owned 6,642 shares in the company, valued at approximately $1,647,216. This represents a 11.10% decrease in their ownership of the stock. 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 28,579 shares of company stock worth $7,084,044 over the last 90 days. Company insiders own 0.39% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on FSLR shares. The Goldman Sachs Group boosted their price target on shares of First Solar from $300.00 to $310.00 in a report on Friday, May 1st. BMO Capital Markets lowered their target price on First Solar from $252.00 to $237.00 and set a “market perform” rating on the stock in a report on Monday, April 20th. Susquehanna boosted 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. TD Cowen reissued a “buy” rating on shares of First Solar in a research note on Monday, July 20th. Finally, Sanford C. Bernstein cut their target price on shares of First Solar from $217.00 to $197.00 and set an “underperform” rating for the company in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, First Solar has an average rating of “Moderate Buy” and a consensus price target of $254.89.
Read Our Latest Report on FSLR
About First Solar
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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