PFG Investments LLC Has $1.60 Million Holdings in First Solar, Inc. $FSLR

Posted by Brenda Bartman on Jul 6th, 2026

PFG Investments LLC grew its position in First Solar, Inc. (NASDAQ:FSLR – Free Report) by 124.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 8,091 shares of the solar cell manufacturer’s stock after acquiring an additional 4,493 shares during the period. PFG Investments LLC’s holdings in First Solar were worth $1,596,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Woodline Partners LP raised its position in First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after purchasing an additional 2,615 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of First Solar by 50.9% in the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after buying an additional 174 shares during the period. Brown Advisory Inc. increased its stake in shares of First Solar by 84.3% in the second quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock valued at $750,000 after buying an additional 2,072 shares during the period. Cerity Partners LLC bought a new position in First Solar in the 2nd quarter valued at approximately $494,000. Finally, AXA S.A. raised its holdings in First Solar by 6.3% in the 2nd quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after buying an additional 1,115 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Activity

In other First Solar news, insider Kuntal Kumar Verma sold 582 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $250.00, for a total transaction of $145,500.00. Following the completion of the sale, the insider directly owned 4,967 shares in the company, valued at approximately $1,241,750. This trade represents a 10.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark R. Widmar sold 4,815 shares of First Solar stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $247.43, for a total value of $1,191,375.45. Following the completion of the transaction, the chief executive officer directly owned 89,033 shares of the company’s stock, valued at approximately $22,029,435.19. This trade represents a 5.13% 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. In the last 90 days, insiders sold 32,466 shares of company stock worth $8,014,105. 0.39% of the stock is owned by insiders.

First Solar Stock Performance

NASDAQ:FSLR opened at $224.57 on Monday. The firm’s fifty day moving average is $247.56 and its 200-day moving average is $231.89. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. First Solar, Inc. has a 52 week low of $159.85 and a 52 week high of $320.95. The firm has a market cap of $24.13 billion, a P/E ratio of 14.51, a P/E/G 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 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.35. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the company posted $1.95 earnings per share. First Solar’s revenue for the quarter was up 23.6% compared to the same quarter last year. Equities analysts expect that First Solar, Inc. will post 17.61 earnings per share for the current year.

First Solar News Roundup

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Weiss Ratings raised shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 25th. Morgan Stanley dropped their price target on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Barclays cut their price target on shares of First Solar from $228.00 to $213.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Guggenheim increased their price objective on First Solar from $269.00 to $279.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, The Goldman Sachs Group increased their price objective on First Solar from $300.00 to $310.00 in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $249.78.

View Our Latest Stock Report on FSLR

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.