2,953 Shares in First Solar, Inc. $FSLR Acquired by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. acquired a new stake in First Solar, Inc. (NASDAQ:FSLR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,953 shares of the solar cell manufacturer’s stock, valued at approximately $697,000.

A number of other hedge funds also recently modified their holdings of the stock. Woodline Partners LP grew its position in shares of First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after purchasing an additional 2,615 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of First Solar by 50.9% during the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock worth $85,000 after buying an additional 174 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of 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 acquiring an additional 2,072 shares during the period. Cerity Partners LLC bought a new stake in shares of First Solar in the second quarter valued at about $494,000. Finally, AXA S.A. grew its stake in shares of First Solar by 6.3% in the second quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after acquiring an additional 1,115 shares in the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Activity at First Solar

In related news, insider Michael Koralewski sold 7,000 shares of the 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 transaction, the insider directly owned 7,642 shares of the company’s stock, valued at $1,692,779.42. This represents a 47.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the transaction, the insider directly owned 23,792 shares in the company, valued at $6,557,075.20. This trade represents a 30.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,709 shares of company stock worth $6,386,163 over the last ninety days. 0.39% of the stock is owned by corporate insiders.

First Solar News Summary

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

• Positive Sentiment: A valuation analysis estimated that FSLR may be about 30% undervalued based on a discounted-cash-flow assessment. The article also said the recently reported 15% tariff on polysilicon imports could support domestic pricing and First Solar’s cash flow, potentially benefiting its U.S.-focused manufacturing strategy. First Solar Stock Could Be 30% Undervalued
• Positive Sentiment: Recent coverage continues to highlight First Solar’s strong operating performance. The company’s latest quarterly EPS of $3.92 exceeded the $2.90 consensus estimate, and its substantial contracted backlog provides visibility into future demand. Analysts tracked by MarketBeat maintain a “Moderate Buy” consensus rating with an average price target of $264.44, above the referenced trading level.
• Neutral Sentiment: Solar-industry outlooks remain mixed: demand is strong, but shifting U.S. policy, tariffs and import rules could affect module pricing, customer decisions and First Solar’s earnings outlook. These policy changes may help domestic production while also increasing uncertainty. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Negative Sentiment: Several law firms are publicizing a securities class-action lawsuit against First Solar and certain officers. The complaint alleges misleading statements concerning tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. The August 24 lead-plaintiff deadline is generating repeated headlines and adds legal, reputational and potential financial risk. The allegations have not been proven. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold 127 shares to cover tax withholding related to vested equity awards. Because the transaction was small and tax-related, it is unlikely to materially affect the investment thesis.

First Solar Price Performance

First Solar stock opened at $222.40 on Thursday. The business has a 50 day moving average of $231.07 and a 200-day moving average of $224.41. The company has a market capitalization of $23.90 billion, a P/E ratio of 13.71, a P/E/G ratio of 0.48 and a beta of 1.75. First Solar, Inc. has a 1 year low of $182.99 and a 1 year high of $320.95.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. The company 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 firm’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $3.18 earnings per share. Equities analysts anticipate that First Solar, Inc. will post 17.71 EPS for the current year.

Analysts Set New Price Targets

FSLR has been the subject of several analyst reports. TD Cowen reiterated a “buy” rating on shares of First Solar in a research note on Monday, July 20th. UBS Group raised their target price on shares of First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. The Goldman Sachs Group lifted their price target on shares of First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Sanford C. Bernstein cut their price target on First Solar from $217.00 to $197.00 and set an “underperform” rating for the company in a research note on Friday, July 31st. Finally, Morgan Stanley increased their price target on First Solar from $245.00 to $323.00 and gave the stock an “overweight” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $264.44.

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.