OneDigital Investment Advisors LLC Buys Shares of 3,218 First Solar, Inc. $FSLR

OneDigital Investment Advisors LLC purchased a new position in shares of First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,218 shares of the solar cell manufacturer’s stock, valued at approximately $759,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FSLR. Flputnam Investment Management Co. bought a new position in First Solar during the second quarter worth $688,000. Horizon Investment Services LLC acquired a new position in First Solar in the second quarter valued at $1,276,000. Global Retirement Partners LLC bought a new stake in First Solar during the second quarter valued at $2,306,000. Fielder Capital Group LLC bought a new stake in First Solar during the second quarter valued at $254,000. Finally, Bank of New York Mellon Corp acquired a new stake in First Solar during the 2nd quarter worth about $164,962,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on FSLR shares. Jefferies Financial Group set a $196.00 price objective on First Solar in a research report on Monday, August 3rd. Wells Fargo & Company upped their target price on First Solar from $300.00 to $313.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Sanford C. Bernstein decreased their target price 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. Evercore reiterated a “positive” rating and issued a $218.00 target price on shares of First Solar in a report on Monday. Finally, Morgan Stanley boosted their price target on First Solar from $245.00 to $323.00 and gave the company an “overweight” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $264.44.

Trending Headlines about First Solar

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

• Positive Sentiment: First Solar was highlighted among the stronger second-quarter renewable-energy performers. The company’s latest results included adjusted EPS of $3.92, well above the $2.90 consensus estimate, while its contracted backlog remains substantial. Q2 Earnings Outperformers: First Solar and the Rest of the Renewable Energy Stocks
• Positive Sentiment: Zacks identified FSLR as a strong momentum stock, which may support investor interest following its earnings outperformance and relatively attractive valuation metrics. Why First Solar Is a Strong Momentum Stock
• Neutral Sentiment: Analyst and industry coverage continues to focus on strong solar demand, but changing U.S. policies, tariffs and import rules could affect pricing, customer decisions and First Solar’s 2026 earnings outlook. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Neutral Sentiment: Institutional positioning was mixed: several large investors added FSLR shares in the second quarter, while others reduced holdings. Separately, unusually heavy put-option activity suggests increased hedging or bearish speculation, but does not establish the market’s future direction.
• Negative Sentiment: First Solar faces a securities class-action lawsuit filed in federal court. The complaint alleges that the company and certain executives made misleading statements regarding tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. Multiple law firms are publicizing an August 24 lead-plaintiff deadline. The allegations have not been proven, but the litigation adds reputational, financial and sentiment risk. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold a small number of shares to cover tax withholding obligations related to vested equity awards. Because the sale was designated for taxes and represented only 127 shares, it is unlikely to be a major fundamental signal.

Insider Transactions at First Solar

In related news, EVP Samantha L. Sloan sold 127 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $222.95, for a total value of $28,314.65. Following the transaction, the executive vice president directly owned 2,018 shares in the company, valued at $449,913.10. This trade represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jason E. Dymbort sold 3,700 shares of First Solar stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total transaction of $922,706.00. Following the completion of the sale, the general counsel directly owned 5,624 shares of the company’s stock, valued at approximately $1,402,513.12. The trade was a 39.68% 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. In the last ninety days, insiders have sold 31,106 shares of company stock valued at $7,723,039. Company insiders own 0.39% of the company’s stock.

First Solar Price Performance

FSLR stock opened at $220.01 on Wednesday. The stock has a market capitalization of $23.64 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 0.49 and a beta of 1.76. The company’s 50-day moving average is $231.60 and its 200-day moving average is $224.42. First Solar, Inc. has a 1 year low of $182.99 and a 1 year high of $320.95.

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