New York State Teachers Retirement System Has $19.58 Million Stock Holdings in First Solar, Inc. $FSLR

Posted by Brenda Bartman on Jul 5th, 2026

New York State Teachers Retirement System lifted its position in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) by 11.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,272 shares of the solar cell manufacturer’s stock after purchasing an additional 10,589 shares during the quarter. New York State Teachers Retirement System’s holdings in First Solar were worth $19,582,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FSLR. Private Advisor Group LLC lifted its holdings in shares of First Solar by 46.5% during the 1st quarter. Private Advisor Group LLC now owns 4,825 shares of the solar cell manufacturer’s stock valued at $952,000 after purchasing an additional 1,532 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of First Solar in the first quarter valued at approximately $8,046,000. Leonteq Securities AG lifted its position in First Solar by 23.9% in the 1st quarter. Leonteq Securities AG now owns 7,198 shares of the solar cell manufacturer’s stock valued at $1,420,000 after acquiring an additional 1,390 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in First Solar by 80.1% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 57,800 shares of the solar cell manufacturer’s stock valued at $11,402,000 after acquiring an additional 25,700 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its stake in First Solar by 0.5% in the 1st quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 83,772 shares of the solar cell manufacturer’s stock worth $16,525,000 after purchasing an additional 426 shares during the period. Institutional investors own 92.08% of the company’s stock.

First Solar Stock Performance

Shares of NASDAQ:FSLR opened at $224.57 on Friday. The company’s 50-day moving average price is $247.56 and its two-hundred day moving average price is $232.06. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. First Solar, Inc. has a one year low of $159.85 and a one year high of $320.95. The stock has a market capitalization of $24.13 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 0.50 and a beta of 1.73.

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

More First Solar News

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

Negative Sentiment: Multiple law firms, including Rosen, Schall, Kaplan Fox, Pomerantz, and others, urged First Solar shareholders to act on a securities fraud/class action lawsuit ahead of the August 24 deadline. Article Title
Negative Sentiment: A class action has already been filed alleging First Solar and certain officers violated Sections 10(b) and 20(a) and Rule 10b-5, increasing legal overhang on the stock. Article Title
Neutral Sentiment: One market update noted First Solar stock recently fell in trading, with the decline adding to near-term weakness already reflected in the shares. Article Title

Insider Activity

In other First Solar news, insider Kuntal Kumar Verma sold 582 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $250.00, for a total value of $145,500.00. Following the completion of the transaction, the insider directly owned 4,967 shares in the company, valued at $1,241,750. This trade represents a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the business’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 transaction, the insider directly owned 23,792 shares in the company, valued at $6,557,075.20. This trade represents a 30.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 32,466 shares of company stock valued at $8,014,105. Corporate insiders own 0.39% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Freedom Capital raised First Solar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Morgan Stanley reduced their price objective on First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday, April 28th. Barclays decreased their price objective on First Solar from $228.00 to $213.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Evercore boosted their target price on First Solar from $212.00 to $219.00 in a research note on Monday, May 4th. Finally, Susquehanna reduced their price target on First Solar from $280.00 to $250.00 and set a “positive” rating for the company in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $249.78.

View Our Latest Report on First Solar

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.