Palogic Value Management L.P. Acquires New Holdings in First Solar, Inc. $FSLR

Palogic Value Management L.P. bought a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,350 shares of the solar cell manufacturer’s stock, valued at approximately $1,026,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Reflection Asset Management bought a new stake in shares of First Solar during the fourth quarter valued at approximately $26,000. Commonwealth Retirement Investments LLC bought a new position in First Solar in the 4th quarter worth approximately $26,000. Larson Financial Group LLC increased its position in First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares during the period. Elyxium Wealth LLC acquired a new stake in First Solar in the 4th quarter valued at approximately $30,000. Finally, MV Capital Management Inc. acquired a new stake in First Solar in the 4th quarter valued at approximately $30,000. Institutional investors own 92.08% of the company’s stock.

Trending Headlines about First Solar

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

• Positive Sentiment: Argus reaffirmed its Buy rating and set a $275 price target, implying substantial upside from recent trading levels and signaling confidence in First Solar’s valuation and outlook. Benzinga rating report
• Positive Sentiment: Potential U.S. government support could benefit First Solar. New Section 232 tariffs on polysilicon imports may encourage additional domestic-solar investment, including the possibility of government-backed equity arrangements modeled on the Intel deal. However, no such investment in First Solar has been confirmed. Trump solar tariffs article
• Positive Sentiment: Value-focused coverage remains supportive. Zacks identified FSLR as a highly ranked value stock, potentially attracting investors seeking comparatively inexpensive solar exposure. Zacks value-stock article
• Neutral Sentiment: Jim Cramer discussed First Solar alongside several other stocks, but the report provided no specific new recommendation or fundamental update for FSLR. Jim Cramer stock discussion
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, making the figures unreliable or non-informative for trading analysis.
• Negative Sentiment: New FCC restrictions on foreign inverters are favoring SolarEdge more directly, while First Solar and Enphase drifted lower. The policy divergence suggests investors do not view FSLR as a primary beneficiary of the inverter-related rule change. SolarEdge and inverter import curbs article
• Negative Sentiment: Two law firms announced investigations or investor solicitations involving First Solar. These notices can weigh on sentiment by raising concerns about potential shareholder litigation, although they do not establish wrongdoing or financial liability. First Solar investor alert

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FSLR. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of First Solar from $272.00 to $299.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings raised shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 25th. The Goldman Sachs Group increased their target price on shares of First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Finally, HSBC raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $265.37.

Insider Buying and Selling

In other news, insider Michael Koralewski sold 7,000 shares of the stock in a transaction on Monday, August 3rd. The stock was 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 owned 7,642 shares in the company, valued at approximately $1,692,779.42. This represents a 47.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the firm’s 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 sale, the executive vice president directly owned 2,018 shares of the company’s stock, valued at approximately $449,913.10. This represents a 5.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 15,081 shares of company stock worth $3,457,086 over the last quarter. 0.39% of the stock is currently owned by insiders.

First Solar Price Performance

NASDAQ FSLR opened at $205.93 on Thursday. The company’s 50 day simple moving average is $225.43 and its 200 day simple moving average is $223.58. First Solar, Inc. has a 12 month low of $182.99 and a 12 month high of $320.95. The company has a market capitalization of $22.13 billion, a P/E ratio of 12.70, a PEG ratio of 0.45 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last released its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating the consensus estimate of $2.90 by $1.02. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $3.18 earnings per share. On average, analysts anticipate that First Solar, Inc. will post 17.77 earnings per share for the current year.

First Solar Company 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.