Fiducient Advisors LLC purchased a new stake in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,200 shares of the solar cell manufacturer’s stock, valued at approximately $485,000.
A number of other hedge funds have also recently modified their holdings of FSLR. TD Private Client Wealth LLC raised its stake in 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 worth $25,000 after purchasing an additional 85 shares during the period. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar during the 2nd quarter worth approximately $26,000. Hantz Financial Services Inc. raised 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 buying an additional 75 shares during the period. Total Investment Management Inc. acquired a new position in First Solar in the second quarter valued at approximately $36,000. Finally, First Pacific Financial purchased a new position in First Solar in the second quarter worth approximately $41,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.
Insider Activity at First Solar
In related news, Director Michael T. Sweeney sold 4,500 shares of the business’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 completion of the transaction, the director directly owned 13,662 shares of the company’s stock, valued at $3,703,904.82. The trade was a 24.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Georges Antoun sold 37,412 shares of the company’s 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 sale, the insider owned 15,424 shares in the company, valued at approximately $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. Over the last three months, insiders sold 48,912 shares of company stock worth $12,971,349. Company insiders own 0.48% of the company’s stock.
Key First Solar News
- Positive Sentiment: USPTO denied multiple inter partes review petitions that sought to invalidate First Solar’s TOPCon patents, preserving key intellectual property and reducing competitive risk for its cell technology. Article Title
- Positive Sentiment: RBC Capital Markets raised its price target on FSLR from $244 to $258 and reiterated an outperform rating, providing dealer-led validation of the stock’s earnings and growth outlook. Article Title
- Neutral Sentiment: Analyst and media previews expect a strong Q4 (analysts forecast double‑digit EPS growth), which could support upside if First Solar meets or beats estimates; conversely, any guidance shortfall could trigger a pullback. Article Title
- Neutral Sentiment: Lithium Australia’s Livium completed a phase of shipments involving First Solar panels to South Korea as part of a silver‑recovery/recycling push — a small but positive signal of downstream demand and recycling interest that could modestly bolster component demand or reputational benefits. Article Title
- Negative Sentiment: Some outlets reported short‑term selling or cautious headlines around patent-related news (headline framed as “Falter on Patent News”), which can amplify intraday volatility despite the USPTO rulings; media-driven sentiment swings could pressure the stock if momentum traders react. Article Title
First Solar Trading Up 0.7%
Shares of FSLR stock opened at $243.72 on Thursday. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The company has a 50 day moving average price of $257.82 and a 200 day moving average price of $226.45. The stock has a market capitalization of $26.15 billion, a P/E ratio of 18.72, a price-to-earnings-growth ratio of 0.30 and a beta of 1.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 1.91.
First Solar (NASDAQ:FSLR – Get Free Report) last released its 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). First Solar had a return on equity of 16.61% and a net margin of 27.73%.The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter last year, the company earned $2.91 earnings per share. First Solar’s quarterly revenue was up 79.7% compared to the same quarter last year. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS. Equities research analysts predict that First Solar, Inc. will post 13.05 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. Raymond James Financial began coverage on First Solar in a research report on Monday, January 12th. They issued a “market perform” rating on the stock. JPMorgan Chase & Co. boosted their price objective on shares of First Solar from $278.00 to $303.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Daiwa Capital Markets increased their target price on shares of First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 9th. KeyCorp reiterated an “overweight” rating on shares of First Solar in a research report on Friday, October 31st. Finally, DZ Bank downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $277.24.
Get Our Latest Stock Report on FSLR
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.
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