Texas Permanent School Fund Corp Has $1.22 Million Stake in First Solar, Inc. $FSLR

Texas Permanent School Fund Corp reduced its position in First Solar, Inc. (NASDAQ:FSLR) by 35.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,337 shares of the solar cell manufacturer’s stock after selling 4,009 shares during the quarter. Texas Permanent School Fund Corp’s holdings in First Solar were worth $1,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its position in shares of First Solar by 126.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock worth $25,000 after acquiring an additional 85 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the second quarter worth $26,000. Harbor Investment Advisory LLC boosted its holdings in shares of First Solar by 138.9% in the 2nd quarter. Harbor Investment Advisory LLC now owns 172 shares of the solar cell manufacturer’s stock valued at $28,000 after purchasing an additional 100 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of First Solar by 69.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock valued at $30,000 after purchasing an additional 75 shares in the last quarter. Finally, Wealth Preservation Advisors LLC bought a new position in shares of First Solar in the 1st quarter valued at $25,000. Institutional investors own 92.08% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on FSLR. The Goldman Sachs Group restated a “buy” rating and set a $316.00 price objective on shares of First Solar in a research report on Friday, October 31st. Guggenheim increased their target price on shares of First Solar from $287.00 to $289.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Daiwa Capital Markets raised their price target on shares of First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a research note on Tuesday, December 9th. TD Cowen upped their price objective on shares of First Solar from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Mizuho raised their target price on shares of First Solar from $278.00 to $335.00 in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $271.27.

Insider Activity at First Solar

In related news, Director Paul H. Stebbins sold 7,000 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $262.40, for a total transaction of $1,836,800.00. Following the completion of the transaction, the director directly owned 15,287 shares of the company’s stock, valued at $4,011,308.80. This trade represents a 31.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Georges Antoun sold 37,412 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $265.01, for a total value of $9,914,554.12. Following the completion of the sale, the insider owned 15,424 shares in the company, valued at $4,087,514.24. This trade represents a 70.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 48,912 shares of company stock worth $12,971,349 over the last three months. Company insiders own 0.48% of the company’s stock.

First Solar Stock Up 1.1%

Shares of NASDAQ FSLR opened at $272.27 on Thursday. The company has a 50 day simple moving average of $256.38 and a 200 day simple moving average of $213.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.91 and a quick ratio of 1.55. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99. The firm has a market cap of $29.22 billion, a PE ratio of 20.91, a price-to-earnings-growth ratio of 0.53 and a beta of 1.59.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.32 by ($0.08). The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.56 billion. First Solar had a net margin of 27.73% and a return on equity of 16.61%. The company’s revenue was up 79.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.91 earnings per share. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS. On average, research analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Analyst upgrade pushed FSLR to a new 12?month high, reinforcing bullish momentum and validating recent gains. Article Title
• Positive Sentiment: Wall Street analysts are broadly optimistic on FSLR, with recent coverage highlighting buy/upgrade interest that can attract inflows and support multiple expansion. Article Title
• Positive Sentiment: Market commentary points to FSLR’s manufacturing expansions and downstream acquisitions as key fundamentals behind the stock’s strong YTD performance, supporting higher valuations. Article Title
• Positive Sentiment: Coverage noting why FSLR shares are soaring highlights bullish investor appetite and momentum flows that can amplify rallies. Article Title
• Positive Sentiment: Partner/deal flow: a report that Eastern International signed a First Solar?related project (a ~$6M China PV project) suggests ongoing commercial traction in end markets. Article Title
• Neutral Sentiment: Short?interest data appears effectively nil/erroneous (reports show 0 shares / 0.0 days), implying limited short pressure but also unreliable reporting — a neutral technical factor for now.
• Neutral Sentiment: Analytical deep dives and FAQs (Forbes, Yahoo Finance) are circulating — useful context for investors but not immediate catalysts. Article Title Article Title
• Negative Sentiment: Some outlets note intraday weakness/profit?taking that has the stock trading lower at times — a reminder that elevated YTD gains make shares susceptible to pullbacks. Article Title

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.