Centaurus Financial Inc. Boosts Holdings in First Solar, Inc. $FSLR

Centaurus Financial Inc. lifted its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 303.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,611 shares of the solar cell manufacturer’s stock after buying an additional 3,467 shares during the period. Centaurus Financial Inc.’s holdings in First Solar were worth $910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Woodline Partners LP grew 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 worth $1,143,000 after acquiring an additional 2,615 shares during the period. EverSource Wealth Advisors LLC raised its position in 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 purchasing an additional 174 shares during the period. Brown Advisory Inc. raised its position in 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 purchasing an additional 2,072 shares during the period. Cerity Partners LLC acquired a new position in shares of First Solar in the 2nd quarter valued at $494,000. Finally, AXA S.A. lifted its stake in shares of 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 purchasing an additional 1,115 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Insider Activity at First Solar

In other First Solar 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 completion of the transaction, the insider directly owned 4,967 shares of the company’s stock, valued at $1,241,750. The trade was a 10.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alexander R. Bradley sold 498 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $107,383.74. Following the sale, the chief financial officer 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 disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 31,893 shares of company stock worth $7,893,775 over the last ninety days. Company insiders own 0.39% of the company’s stock.

Key First Solar News

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

• Positive Sentiment: Profit and margins exceeded expectations. First Solar reported second-quarter EPS of $3.92, well above the $2.99 analyst consensus and up from $3.18 a year earlier. Gross margin expanded to approximately 57%, while adjusted EBITDA rose to $644 million from $560 million. First Solar’s Q2 Earnings Beat Estimates, Revenues Decrease Y/Y
• Positive Sentiment: Strong long-term demand visibility supported the bullish reaction. Management highlighted a record backlog, 45.1 gigawatts of contracted sales at quarter-end, domestic manufacturing expansion, technology investments and policy-driven opportunities extending through 2030. The company also cited a cumulative production milestone above 100 GW. FSLR Q2 Earnings Call Highlights Domestic Solar Push
• Positive Sentiment: Analysts maintained bullish ratings. Goldman Sachs reiterated a Buy rating with a $310 price target, while Needham maintained Buy with a $303 target, citing attractive valuation, demand momentum and potential support from Section 232 tariffs. First Solar: Strong Q2 Beat and Solid Demand Momentum
• Neutral Sentiment: Full-year guidance was reaffirmed. First Solar maintained 2026 net sales guidance of $4.9 billion to $5.2 billion, broadly in line with expectations. However, the midpoint is slightly below consensus, limiting the upside from the earnings beat. First Solar Announces Second Quarter 2026 Results
• Negative Sentiment: Revenue declined year over year. Sales fell about 4% to $1.06 billion, primarily because customer contract cancellations offset higher third-party module sales. The company is also navigating Section 232 tariff uncertainty and rising input costs. First Solar Sales Fall on Contract Cancellations
• Negative Sentiment: Securities litigation remains an overhang. Multiple law firms publicized a shareholder class action concerning alleged misrepresentations about tariffs and production challenges, with an August 24, 2026 lead-plaintiff deadline. These notices may pressure sentiment, although they do not represent a court finding of wrongdoing. Kaplan Fox First Solar Shareholder Notice

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on FSLR shares. Mizuho set a $237.00 price target on First Solar in a report on Friday. Barclays upped their target price on shares of First Solar from $213.00 to $279.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Evercore increased their target price on shares of First Solar from $212.00 to $219.00 in a research note on Monday, May 4th. Freedom Capital raised shares of First Solar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Finally, UBS Group lifted their price target on shares of First Solar from $290.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, First Solar currently has an average rating of “Moderate Buy” and an average target price of $252.86.

First Solar Trading Up 2.4%

FSLR opened at $211.03 on Friday. First Solar, Inc. has a 52 week low of $171.99 and a 52 week high of $320.95. The business has a fifty day simple moving average of $245.08 and a 200-day simple moving average of $225.23. The firm has a market cap of $22.68 billion, a P/E ratio of 13.01, a P/E/G ratio of 0.46 and a beta of 1.73. 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 issued its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a return on equity of 18.42% and a net margin of 32.47%.The company’s revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $3.18 earnings per share. On average, equities analysts expect that First Solar, Inc. will post 17.54 earnings per share for the current year.

First Solar 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.