Flputnam Investment Management Co. Buys Shares of 2,917 First Solar, Inc. $FSLR

Posted by Stanley Muller on Sep 1st, 2026

Flputnam Investment Management Co. acquired a new stake in First Solar, Inc. (NASDAQ:FSLR – Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 2,917 shares of the solar cell manufacturer’s stock, valued at approximately $688,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cookson Peirce & Co. Inc. grew its holdings in shares of First Solar by 440.6% during the second quarter. Cookson Peirce & Co. Inc. now owns 10,764 shares of the solar cell manufacturer’s stock worth $2,540,000 after purchasing an additional 8,773 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of First Solar by 49.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,287 shares of the solar cell manufacturer’s stock valued at $1,012,000 after buying an additional 1,411 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of First Solar by 7.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,535,836 shares of the solar cell manufacturer’s stock valued at $362,396,000 after buying an additional 100,694 shares in the last quarter. New Mexico Educational Retirement Board grew its position in First Solar by 8.2% in the second quarter. New Mexico Educational Retirement Board now owns 5,300 shares of the solar cell manufacturer’s stock worth $1,251,000 after acquiring an additional 400 shares in the last quarter. Finally, Mufg Securities Americas Inc. increased its stake in First Solar by 9.0% in the second quarter. Mufg Securities Americas Inc. now owns 3,237 shares of the solar cell manufacturer’s stock valued at $764,000 after acquiring an additional 268 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

Wall Street Analysts Forecast Growth

FSLR has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut First Solar from a “buy” rating to a “hold” rating in a research note on Thursday. TD Cowen reissued a “buy” rating on shares of First Solar in a research note on Monday, July 20th. Mizuho set a $324.00 target price on First Solar in a report on Thursday, August 13th. Jefferies Financial Group set a $196.00 price target on First Solar in a research note on Monday, August 3rd. Finally, UBS Group increased their price objective on First Solar from $290.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, First Solar presently has an average rating of “Moderate Buy” and an average price target of $266.27.

Get Our Latest Stock Report on FSLR

Insider Buying and Selling at First Solar

In related news, General Counsel Jason E. Dymbort sold 3,700 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total transaction of $922,706.00. Following the completion of the transaction, the general counsel directly owned 5,624 shares in the company, valued at $1,402,513.12. The trade was a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of First Solar stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $222.95, for a total value of $28,314.65. Following the transaction, the executive vice president owned 2,018 shares of the company’s stock, valued at $449,913.10. The trade was a 5.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 15,081 shares of company stock valued at $3,457,086. 0.39% of the stock is currently owned by insiders.

First Solar Stock Down 1.3%

Shares of First Solar stock opened at $201.90 on Tuesday. The firm has a market cap of $21.69 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 0.45 and a beta of 1.76. The business has a 50-day moving average price of $222.19 and a 200-day moving average price of $223.22. First Solar, Inc. has a twelve month low of $182.99 and a twelve month 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, 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%.First Solar’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.18 EPS. On average, equities analysts expect that First Solar, Inc. will post 17.77 EPS for the current fiscal year.

About First Solar

(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.