Triasima Portfolio Management inc. Takes Position in First Solar, Inc. $FSLR

Triasima Portfolio Management inc. bought a new position in First Solar, Inc. (NASDAQ:FSLR) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,188 shares of the solar cell manufacturer’s stock, valued at approximately $4,229,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FSLR. Viking Global Investors LP raised its holdings in shares of First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after acquiring an additional 854,919 shares during the last quarter. Lightrock Netherlands B.V. grew its position in First Solar by 2,663.8% in the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after purchasing an additional 642,199 shares in the last quarter. Amundi grew its position in First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock worth $459,917,000 after purchasing an additional 564,032 shares in the last quarter. Vanguard Group Inc. grew its position in First Solar by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after purchasing an additional 464,130 shares in the last quarter. Finally, Atreides Management LP bought a new stake in First Solar in the 2nd quarter worth about $65,134,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar Price Performance

First Solar stock opened at $211.71 on Monday. First Solar, Inc. has a twelve month low of $122.47 and a twelve month high of $285.99. The firm has a 50 day moving average price of $198.46 and a 200-day moving average price of $231.85. The company has a market capitalization of $22.75 billion, a P/E ratio of 13.68, a P/E/G ratio of 0.48 and a beta of 1.57. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02.

First Solar (NASDAQ:FSLR) last released its earnings results 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 net margin of 30.73% and a return on equity of 18.01%. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the firm earned $1.95 EPS. The company’s revenue was up 23.6% compared to the same quarter last year. As a group, equities analysts predict that First Solar, Inc. will post 17.33 EPS for the current year.

Trending Headlines about First Solar

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

• Positive Sentiment: Q1 earnings and margins beat expectations: First Solar reported $3.22 GAAP EPS vs. consensus ~$2.87 and record quarterly revenue (~$1.04B), with notable margin expansion that improves near?term earnings visibility. Company Press Release
• Positive Sentiment: Guidance reaffirmed: Management reconfirmed FY2026 net sales ($4.9B–$5.2B) and adjusted EBITDA ($2.6B–$2.8B), removing some uncertainty around full?year expectations and supporting valuation models. Quiver Quant Article
• Positive Sentiment: Strong bookings and demand mix: Management highlighted gross bookings (1.9 GW) and growth in key markets (India and U.S. utility scale), signaling continued sales momentum. Earnings Transcript (The Motley Fool)
• Positive Sentiment: Secular demand thesis reinforced by management: CEO Mark Widmar discussed rising power demand (including AI data centers) and U.S. manufacturing scale on TV, underscoring long?term growth drivers. CEO Interview (YouTube)
• Neutral Sentiment: Guidance nuance — midpoint slightly below some sell?side estimates: while guidance was reaffirmed, the midpoint was reported modestly under some analyst models, which could temper upside expectations. Yahoo Finance Recap
• Neutral Sentiment: Analyst and institutional positioning mixed: median price target sits well above current levels but firms have recently trimmed or raised targets unevenly; institutional flows show major rebalances. These mixed signals can limit conviction. Quiver Quant — analyst & institutional data
• Negative Sentiment: Heavy insider selling: recent disclosures show numerous insider sales (no purchases) over the past six months, which some investors view as a governance or timing concern. Quiver Quant — insider trading
• Negative Sentiment: Ongoing trade/tariff and policy risk: multiple reports note management is navigating tariff and regulatory uncertainty; this remains a tail risk that could widen volatility despite the beat. MSN — Tariffs Article

Insiders Place Their Bets

In other First Solar news, CFO Alexander R. Bradley sold 14,106 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $199.97, for a total value of $2,820,776.82. Following the completion of the sale, the chief financial officer directly owned 30,000 shares of the company’s stock, valued at $5,999,100. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Jason E. Dymbort sold 9,022 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $199.62, for a total value of $1,800,971.64. Following the completion of the sale, the general counsel directly owned 9,850 shares of the company’s stock, valued at $1,966,257. This represents a 47.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 76,562 shares of company stock valued at $15,042,232. Company insiders own 0.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of First Solar from $300.00 to $310.00 in a research report on Friday. Glj Research downgraded shares of First Solar from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $314.43 to $207.82 in a research report on Wednesday, March 4th. Wolfe Research downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Mizuho reduced their price objective on shares of First Solar from $271.00 to $243.00 and set an “outperform” rating for the company in a research report on Monday, April 27th. Finally, DZ Bank raised shares of First Solar to a “strong sell” rating in a research report on Thursday, February 26th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, First Solar presently has an average rating of “Moderate Buy” and a consensus target price of $245.47.

First Solar Company Profile

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.