First Solar, Inc. $FSLR Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its stake in shares of First Solar, Inc. (NASDAQ:FSLR) by 7.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,918 shares of the solar cell manufacturer’s stock after buying an additional 3,340 shares during the quarter. Commonwealth Equity Services LLC’s holdings in First Solar were worth $10,567,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in FSLR. TD Private Client Wealth LLC increased its stake in shares of First Solar by 126.9% during the second quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock valued at $25,000 after acquiring an additional 85 shares during the period. Strategic Wealth Investment Group LLC acquired a new stake in First Solar in the second quarter worth approximately $26,000. Harbor Investment Advisory LLC boosted its stake in First Solar by 138.9% during 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. increased its position in shares of First Solar by 69.4% during 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 during the period. Finally, Total Investment Management Inc. bought a new stake in shares of First Solar in the 2nd quarter worth $36,000. 92.08% of the stock is owned by institutional investors and hedge funds.

First Solar News Roundup

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

• Positive Sentiment: Guggenheim raised its price target on First Solar to $312 and reiterated a Buy, signaling that some Wall Street analysts still see meaningful upside relative to current levels. Guggenheim target raise
• Neutral Sentiment: Zacks and other outlets note FSLR is a trending stock with active coverage and debate over valuation vs. peers (e.g., Nextracker), which keeps the name in focus but doesn’t resolve the bookings/visibility questions. Zacks trending stock
• Neutral Sentiment: Analyst roundups and valuation comparisons (Benzinga/Zacks/Kalkine) show mixed views—some see a long-term structural story in solar, others flag stretched near-term expectations; these debates are keeping volatility elevated. Kalkine coverage
• Negative Sentiment: Jefferies downgraded FSLR from Buy to Hold (cutting its target to $260), citing deteriorating visibility into forward bookings and evidence of cancellations/debookings; that downgrade triggered heavy selling pressure. Yahoo Finance on Jefferies downgrade
• Negative Sentiment: Coverage across Forbes, Seeking Alpha and other outlets highlights a sharp gap-down and elevated volume—classic institutional risk-off—after firms flagged “richer-than-reality” expectations around S232-related demand and confirmed debookings. Forbes: why stock fell
• Negative Sentiment: Reports (including The Motley Fool/Benzinga summaries) cite specific debookings/cancellations as the proximate cause of the selloff, increasing near-term revenue visibility risk for FY guidance execution. Fool on debookings
• Negative Sentiment: Pomerantz has opened an investor investigation into First Solar, which raises legal/uncertainty risk for shareholders and can amplify downward pressure while inquiries proceed. Pomerantz investor alert

First Solar Price Performance

FSLR stock opened at $238.66 on Monday. First Solar, Inc. has a one year low of $116.56 and a one year high of $285.99. The firm has a 50-day moving average of $262.16 and a two-hundred day moving average of $222.72. The firm has a market capitalization of $25.61 billion, a PE ratio of 18.33, a P/E/G ratio of 0.29 and a beta of 1.60. The company has a current ratio of 1.91, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.08). The firm had revenue of $1.59 billion for 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 firm’s revenue was up 79.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.91 EPS. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS. On average, analysts forecast that First Solar, Inc. will post 13.05 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on FSLR. Robert W. Baird raised their target price on First Solar from $240.00 to $264.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Jefferies Financial Group downgraded shares of First Solar from a “buy” rating to a “hold” rating and cut their price target for the company from $269.00 to $260.00 in a report on Wednesday. Roth Capital set a $300.00 price objective on shares of First Solar in a research note on Friday, October 31st. Cowen reiterated a “buy” rating on shares of First Solar in a report on Friday, October 31st. Finally, Daiwa Capital Markets raised their target price on shares of First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a report on Tuesday, December 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $273.37.

Insider Buying and Selling at First Solar

In related news, Director Michael T. Sweeney sold 4,500 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $271.11, for a total transaction of $1,219,995.00. Following the transaction, the director directly owned 13,662 shares of the company’s stock, valued at approximately $3,703,904.82. The trade was a 24.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georges Antoun sold 37,412 shares of the stock in a transaction dated Tuesday, November 4th. The stock was 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 directly owned 15,424 shares of the company’s stock, valued at approximately $4,087,514.24. This represents a 70.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 48,912 shares of company stock valued at $12,971,349 in the last three months. 0.48% of the stock is currently owned by company insiders.

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.