3,848 Shares in First Solar, Inc. $FSLR Acquired by Contravisory Investment Management Inc.

Posted by Brenda Bartman on Jun 26th, 2026

Contravisory Investment Management Inc. bought a new stake in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor bought 3,848 shares of the solar cell manufacturer’s stock, valued at approximately $759,000.

Several other institutional investors also recently bought and sold shares of FSLR. Aventura Private Wealth LLC purchased a new position in First Solar in the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar during the 4th quarter valued at $26,000. Reflection Asset Management acquired a new stake in shares of First Solar in the 4th quarter worth $26,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar in the 2nd quarter worth $26,000. Finally, Larson Financial Group LLC grew its stake in First Solar by 117.0% during 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. 92.08% of the stock is currently owned by institutional investors and hedge funds.

First Solar News Summary

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

Positive Sentiment: Zacks highlighted First Solar as a strong growth stock, pointing to its capacity expansion and innovation efforts as reasons investors may remain constructive on the long-term story.
Positive Sentiment: Another Zacks note said First Solar is accelerating growth through manufacturing expansion and next-generation solar technology, reinforcing the company’s competitive positioning in solar manufacturing.
Neutral Sentiment: Short-interest data released during the day showed no reported short interest, offering little clear directional signal for the stock.
Negative Sentiment: Multiple law firms announced or promoted a class action lawsuit against First Solar and certain officers, alleging federal securities law violations for investors who bought shares between February 26, 2025 and February 24, 2026. These developments can weigh on sentiment by increasing legal and headline risk. Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSLR
Negative Sentiment: Additional investor-rights firms, including Rosen, Portnoy, Robbins, Schall, Gainey McKenna, Bronstein, and DJS, issued notices tied to the lawsuit or launched investigations, increasing the chance of prolonged litigation-related pressure on First Solar shares.

Analyst Upgrades and Downgrades

A number of research firms have commented on FSLR. BMO Capital Markets decreased their price target on First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. Guggenheim boosted their price target on First Solar from $269.00 to $279.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. HSBC upped their price objective on shares of First Solar from $211.00 to $231.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Weiss Ratings lowered shares of First Solar from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Glj Research cut shares of First Solar from a “buy” rating to a “hold” rating and lowered their target price for the stock from $314.43 to $207.82 in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $249.78.

Read Our Latest Report on First Solar

First Solar Stock Performance

Shares of FSLR opened at $248.64 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The stock has a 50-day moving average of $242.68 and a two-hundred day moving average of $233.06. The stock has a market cap of $26.72 billion, a P/E ratio of 16.06, a P/E/G ratio of 0.55 and a beta of 1.71. First Solar, Inc. has a one year low of $149.54 and a one year high of $320.95.

First Solar (NASDAQ:FSLR – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the company earned $1.95 earnings per share. The company’s revenue was up 23.6% on a year-over-year basis. As a group, research analysts predict that First Solar, Inc. will post 17.61 EPS for the current year.

Insider Buying and Selling

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 shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the completion of the transaction, the insider directly owned 23,792 shares of the company’s stock, valued at approximately $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 can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kuntal Kumar Verma sold 582 shares of First Solar stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $250.00, for a total transaction of $145,500.00. Following the sale, the insider owned 4,967 shares of the company’s stock, valued at approximately $1,241,750. The trade was a 10.49% 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 32,466 shares of company stock worth $8,014,105 in the last quarter. 0.39% of the stock is currently owned by corporate insiders.

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.