Korea Investment CORP Invests $26.61 Million in Canadian Solar Inc. $CSIQ

Posted by Brenda Bartman on Aug 24th, 2026

Korea Investment CORP purchased a new stake in shares of Canadian Solar Inc. (NASDAQ:CSIQ – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 223,067 shares of the solar energy provider’s stock, valued at approximately $26,611,000.

Several other large investors have also recently bought and sold shares of CSIQ. Goldman Sachs Group Inc. boosted its position in Canadian Solar by 20.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 548,853 shares of the solar energy provider’s stock worth $4,748,000 after acquiring an additional 92,002 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Canadian Solar by 141.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,100 shares of the solar energy provider’s stock valued at $100,000 after purchasing an additional 5,338 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Canadian Solar by 20.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 842,703 shares of the solar energy provider’s stock valued at $9,539,000 after purchasing an additional 145,867 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Canadian Solar in the second quarter worth approximately $33,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Canadian Solar in the second quarter worth approximately $790,000. 52.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. Mizuho raised their price target on shares of Canadian Solar from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Wall Street Zen raised shares of Canadian Solar from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Citigroup upgraded shares of Canadian Solar from a “sell” rating to a “neutral” rating and boosted their price target for the company from $11.00 to $18.00 in a report on Wednesday, July 22nd. Finally, Freedom Capital downgraded shares of Canadian Solar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Canadian Solar has an average rating of “Hold” and an average price target of $19.36.

Check Out Our Latest Stock Analysis on Canadian Solar

Insider Buying and Selling

In other Canadian Solar news, Director Leslie Li Hsien Chang sold 1,767 shares of the business’s stock in a transaction that occurred on 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 filing with the Securities & Exchange Commission, which can be accessed through this link. 21.50% of the stock is owned by corporate insiders.

Canadian Solar Stock Performance

NASDAQ:CSIQ opened at $14.55 on Monday. The company has a market capitalization of $987.95 million, a P/E ratio of -5.77 and a beta of 1.52. The stock’s 50 day moving average price is $15.20 and its 200 day moving average price is $16.27. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.81 and a current ratio of 1.06. Canadian Solar Inc. has a 52 week low of $9.41 and a 52 week high of $34.59.

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.