Harel Insurance Investments & Financial Services Ltd. Purchases 3,101 Shares of First Solar, Inc. $FSLR

Harel Insurance Investments & Financial Services Ltd. grew its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 69.5% in the first quarter, HoldingsChannel reports. The fund owned 7,562 shares of the solar cell manufacturer’s stock after acquiring an additional 3,101 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in First Solar were worth $1,492,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank bought a new stake in First Solar during the 4th quarter worth about $392,040,000. Viking Global Investors LP increased its position in shares of First Solar by 60.6% in the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares during the last quarter. Polar Capital Holdings Plc bought a new stake in First Solar during the fourth quarter worth about $200,109,000. Lightrock Netherlands B.V. raised its holdings in First Solar by 2,663.8% during the fourth quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after acquiring an additional 642,199 shares in the last quarter. Finally, Amundi boosted its position in First Solar by 38.6% during the third quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after purchasing an additional 564,032 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

FSLR has been the subject of a number of recent analyst reports. Mizuho increased their price target on shares of First Solar from $243.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, June 12th. Citigroup dropped their target price on shares of First Solar from $300.00 to $243.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. Zacks Research upgraded shares of First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. The Goldman Sachs Group lifted their price target on First Solar from $300.00 to $310.00 in a report on Friday, May 1st. Finally, Barclays boosted their price target on First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $256.41.

Insider Transactions at First Solar

In other First Solar news, 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 value of $2,929,076.80. Following the completion of the transaction, 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 Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jason E. Dymbort sold 409 shares of First Solar stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $88,192.67. Following the sale, the general counsel directly owned 10,409 shares in the company, valued at $2,244,492.67. The trade was a 3.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 31,893 shares of company stock valued at $7,893,775. Corporate insiders own 0.39% of the company’s stock.

Key Headlines Impacting First Solar

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

• Positive Sentiment: First Solar has been highlighted by Zacks as a stock that recently outperformed the broader market, suggesting traders are still treating it as a notable name despite recent volatility. Article Title
• Positive Sentiment: Another Zacks note said First Solar is attracting unusual investor attention, which can support trading volume and keep the stock in focus with momentum investors. Article Title
• Neutral Sentiment: Several law firms issued updates about a previously filed securities class action tied to First Solar, with deadlines for investors to seek lead-plaintiff status by August 24, 2026. These notices mainly add legal overhang rather than new business developments. Article Title
• Neutral Sentiment: Additional press releases from Rosen, Pomerantz, Levi & Korsinsky, and others repeated allegations involving tariff and production disclosures, but did not introduce new operational fundamentals for the company. Article Title
• Negative Sentiment: The repeated securities-fraud and shareholder-loss headlines could weigh on First Solar sentiment by reinforcing concerns about litigation, possible disclosures, and management credibility. Article Title

First Solar Price Performance

First Solar stock opened at $223.82 on Thursday. The stock’s fifty day moving average price is $251.44 and its two-hundred day moving average price is $229.55. First Solar, Inc. has a one year low of $165.57 and a one year high of $320.95. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. The firm has a market cap of $24.05 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 0.49 and a beta of 1.73.

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, topping the consensus estimate of $2.87 by $0.35. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The company’s quarterly revenue was up 23.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.95 earnings per share. As a group, research analysts expect that First Solar, Inc. will post 17.6 EPS for the current fiscal year.

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.