Avalon Trust Co Sells 110,500 Shares of First Solar, Inc. $FSLR

Avalon Trust Co lowered its holdings in First Solar, Inc. (NASDAQ:FSLR) by 84.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 20,420 shares of the solar cell manufacturer’s stock after selling 110,500 shares during the period. Avalon Trust Co’s holdings in First Solar were worth $4,028,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FSLR. SteelPeak Wealth LLC lifted its position in shares of First Solar by 10.6% in the 1st quarter. SteelPeak Wealth LLC now owns 12,248 shares of the solar cell manufacturer’s stock worth $2,416,000 after purchasing an additional 1,169 shares during the period. Independent Financial Group LLC bought a new position in First Solar in the first quarter worth about $1,164,000. BCGM Wealth Management LLC raised its stake in First Solar by 3.8% in the first quarter. BCGM Wealth Management LLC now owns 8,483 shares of the solar cell manufacturer’s stock worth $1,673,000 after buying an additional 313 shares in the last quarter. Vectors Research Management LLC lifted its holdings in First Solar by 7.9% in the first quarter. Vectors Research Management LLC now owns 17,089 shares of the solar cell manufacturer’s stock worth $3,371,000 after buying an additional 1,250 shares during the period. Finally, Wealthfront Advisers LLC boosted its position in First Solar by 24.3% during the 1st quarter. Wealthfront Advisers LLC now owns 17,555 shares of the solar cell manufacturer’s stock valued at $3,463,000 after acquiring an additional 3,428 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Recent analyst and valuation commentary still points to upside potential, with some estimates implying the stock may be trading below intrinsic value and price targets remaining well above current levels. First Solar (FSLR) Stock Sees Modest Fair Value Lift As Analysts Weigh Tariffs And Tax Credits
• Positive Sentiment: First Solar confirmed it will release second-quarter results on July 30, giving investors a near-term catalyst for updates on demand, margins, and guidance. First Solar, Inc. to Announce Second Quarter 2026 Financial Results on July 30, 2026
• Neutral Sentiment: Some market commentary says the pullback could simply reflect profit-taking after recent strength and renewed attention on the stock’s longer-term valuation. Is First Solar (FSLR) Reasonable After Tariff Hopes And A 31% Gap?
• Negative Sentiment: Multiple class action lawsuits were filed against First Solar, increasing legal risk and keeping pressure on sentiment around tariff and production disclosures. Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSLR
• Negative Sentiment: Investor notices and legal reminders suggest the securities case is still fresh, with a lead plaintiff deadline of August 24 and allegations tied to tariff-related harm. SueWallSt Reminds First Solar, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of August 24, 2026 – FSLR
• Negative Sentiment: Quiver’s market read says traders are weighing the legal overhang and awaiting results, with insider selling and mixed institutional positioning adding to caution. First Solar Slides as Traders Weigh Legal Overhang and Await Late-July Results

Insider Transactions at First Solar

In related news, insider Kuntal Kumar Verma sold 582 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $250.00, for a total value of $145,500.00. Following the transaction, the insider owned 4,967 shares in the company, valued at $1,241,750. The trade was a 10.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alexander R. Bradley sold 498 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total transaction of $107,383.74. Following the sale, the chief financial officer directly owned 30,712 shares in the company, valued at $6,622,428.56. This trade represents a 1.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 31,893 shares of company stock worth $7,893,775 over the last quarter. Corporate insiders own 0.39% of the company’s stock.

First Solar Stock Performance

First Solar stock opened at $211.93 on Friday. First Solar, Inc. has a twelve month low of $167.60 and a twelve month high of $320.95. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $22.77 billion, a P/E ratio of 13.69, a PEG ratio of 0.50 and a beta of 1.73. The stock’s 50 day moving average is $251.39 and its 200 day moving average is $229.14.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the business earned $1.95 earnings per share. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. On average, equities research analysts predict that First Solar, Inc. will post 17.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

FSLR has been the topic of a number of research analyst reports. Jefferies Financial Group reduced their target price on First Solar from $205.00 to $187.00 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Mizuho raised their target price on First Solar from $243.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, June 12th. Weiss Ratings raised First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft upgraded First Solar from a “hold” rating to a “buy” rating and increased their price objective for the stock from $245.00 to $272.00 in a report on Monday, July 6th. Finally, Argus raised their price objective on First Solar from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $256.41.

About First Solar

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.