14,596 Shares in First Solar, Inc. $FSLR Bought by S&CO Inc.

S&CO Inc. acquired a new stake in First Solar, Inc. (NASDAQ:FSLR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,596 shares of the solar cell manufacturer’s stock, valued at approximately $3,444,000.

Other large investors have also bought and sold shares of the company. Root Financial Partners LLC grew its position in shares of First Solar by 18.2% in the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after buying an additional 45 shares during the last quarter. Fiduciary Financial Group LLC raised its position in shares of First Solar by 2.3% during the second quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock worth $478,000 after acquiring an additional 45 shares during the last quarter. FIL Ltd lifted its stake in shares of First Solar by 6.9% in the fourth quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after acquiring an additional 46 shares during the period. Fielder Capital Group LLC lifted its stake in shares of First Solar by 4.1% in the fourth quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after acquiring an additional 47 shares during the period. Finally, Burford Brothers Inc. boosted its holdings in First Solar by 0.3% in the fourth quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock valued at $4,984,000 after acquiring an additional 48 shares during the last quarter. 92.08% of the stock is owned by institutional investors.

First Solar Stock Performance

Shares of FSLR stock opened at $225.56 on Friday. The company has a market cap of $24.24 billion, a P/E ratio of 13.91, a PEG ratio of 0.49 and a beta of 1.75. The stock has a 50 day simple moving average of $233.60 and a two-hundred day simple moving average of $224.87. First Solar, Inc. has a fifty-two week low of $179.06 and a fifty-two week high of $320.95.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $1.02. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company’s revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.18 earnings per share. On average, research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current year.

Trending Headlines about First Solar

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

• Positive Sentiment: Robert W. Baird upgraded First Solar to Outperform and established a $318 price target. The firm said a Section 232 tariff decision removes a key overhang and could allow customers to resume bookings, improving the company’s outlook. First Solar Upgraded at Robert W. Baird
• Positive Sentiment: Solar power generated more electricity than wind globally for the first time last year and nearly matched nuclear generation. The milestone supports the broader growth case for solar manufacturers such as First Solar, although it does not represent a company-specific earnings update. Solar Power Hits Big Milestone, Trumping Wind For First Time
• Neutral Sentiment: First Solar’s general counsel sold 3,700 shares worth approximately $922,706 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his holdings by about 40%, but the planned nature of the sale limits its value as a signal about management’s current expectations. Jason Dymbort Sells First Solar Shares
• Negative Sentiment: Multiple law firms are publicizing a securities class action against First Solar and certain officers. The alleged class period is February 26, 2025, through February 24, 2026, and investors have until August 24, 2026, to seek lead-plaintiff status. The notices allege securities-law violations and investor losses related to disclosures concerning tariffs and company guidance; the allegations have not been proven. Pomerantz First Solar Class Action Filing

Wall Street Analyst Weigh In

A number of analysts have weighed in on FSLR shares. Truist Financial reissued a “hold” rating and set a $229.00 target price (down from $249.00) on shares of First Solar in a research report on Friday, July 31st. Weiss Ratings upgraded shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 25th. The Goldman Sachs Group upped their price objective on shares of First Solar from $300.00 to $310.00 in a research note on Friday, May 1st. Freedom Capital upgraded shares of First Solar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Finally, HSBC raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $261.79.

Insider Activity at First Solar

In other First Solar news, insider Caroline Stockdale sold 10,628 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were 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 directly owned 23,792 shares in the company, valued at approximately $6,557,075.20. This trade represents a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of First Solar stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total transaction of $1,550,570.00. Following the completion of the sale, the insider directly owned 7,642 shares of the company’s stock, valued at approximately $1,692,779.42. This trade represents a 47.81% 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 have sold 30,979 shares of company stock worth $7,694,724 over the last ninety days. 0.39% of the stock is owned by corporate insiders.

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.