First Solar, Inc. $FSLR Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its holdings in shares of First Solar, Inc. (NASDAQ:FSLRFree Report) by 15.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 683,112 shares of the solar cell manufacturer’s stock after buying an additional 89,214 shares during the quarter. Handelsbanken Fonder AB owned 0.64% of First Solar worth $161,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FSLR. City Holding Co. grew its stake in shares of First Solar by 35.4% during the second quarter. City Holding Co. now owns 1,462 shares of the solar cell manufacturer’s stock worth $345,000 after acquiring an additional 382 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of First Solar by 10.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,325 shares of the solar cell manufacturer’s stock valued at $313,000 after acquiring an additional 125 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new position in shares of First Solar in the 2nd quarter valued at approximately $783,000. Allied Private Wealth LLC purchased a new position in shares of First Solar in the 2nd quarter valued at approximately $45,000. Finally, Pine Haven Investment Counsel Inc acquired a new stake in First Solar in the 2nd quarter worth approximately $230,000. 92.08% of the stock is owned by institutional investors and hedge funds.

First Solar News Roundup

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

  • Positive Sentiment: Recent analyst actions were supportive: HSBC upgraded First Solar, while another analyst raised the price target to $313. The broader analyst consensus remains cautiously optimistic, with several targets above the current trading range. First Solar Upgraded at HSBC First Solar Price Target Raised to $313
  • Positive Sentiment: First Solar reported higher second-quarter 2026 earnings, record quarterly and first-half sales volume, reaffirmed full-year guidance and maintained a 45.1-gigawatt backlog. New U.S. tariffs and minimum-price measures on imported polysilicon-related products could improve the competitive position of domestic manufacturers over time. First Solar’s Profit Engine Faces a New Policy Test in Washington
  • Neutral Sentiment: The tariff framework appears strategically favorable, but analysts note that the impact may be staged rather than immediate. Investors are therefore reassessing the timing of stronger pricing power, customer purchasing and project starts. First Solar Slides as Tariff Euphoria Fades
  • Negative Sentiment: Multiple law firms publicized a securities class action involving investors who purchased FSLR shares between February 26, 2025, and February 24, 2026. The August 24 lead-plaintiff deadline increases litigation visibility, although the notices do not establish wrongdoing. Rosen Law Firm Securities Action Notice
  • Negative Sentiment: Reported trading data showed extensive insider selling, with no insider purchases during the past six months. Institutional ownership data also showed more investors reducing positions than adding shares, reinforcing near-term selling pressure.

Insider Transactions at First Solar

In related news, insider Kuntal Kumar Verma sold 582 shares of First Solar stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $250.00, for a total value of $145,500.00. Following the sale, the insider directly owned 4,967 shares in the company, valued at approximately $1,241,750. The trade was a 10.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of First Solar stock in a transaction dated 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 completion of the sale, the insider owned 23,792 shares in the company, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. 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. Insiders sold a total of 28,579 shares of company stock worth $7,084,044 in the last three months. 0.39% of the stock is owned by corporate insiders.

First Solar Stock Performance

Shares of NASDAQ FSLR opened at $239.33 on Tuesday. The firm has a market cap of $25.72 billion, a PE ratio of 14.76, a PEG ratio of 0.55 and a beta of 1.76. The firm has a fifty day moving average of $239.72 and a 200 day moving average of $225.11. First Solar, Inc. has a one year low of $176.47 and a one year high of $320.95.

First Solar (NASDAQ:FSLRGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the prior year, the business posted $3.18 earnings per share. On average, equities analysts predict that First Solar, Inc. will post 17.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FSLR has been the subject of a number of research analyst reports. Freedom Capital raised shares of First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Guggenheim lifted their price objective on shares of First Solar from $279.00 to $282.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Evercore boosted their price objective on shares of First Solar from $212.00 to $219.00 in a report on Monday, May 4th. Roth Capital reissued a “buy” rating and issued a $300.00 target price on shares of First Solar in a research report on Friday, July 24th. Finally, Morgan Stanley raised their target price on First Solar from $230.00 to $245.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.79.

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.

See Also

Institutional Ownership by Quarter for First Solar (NASDAQ:FSLR)

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