AIA Group Ltd Purchases 16,766 Shares of First Solar, Inc. $FSLR

AIA Group Ltd increased its position in First Solar, Inc. (NASDAQ:FSLR) by 203.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,014 shares of the solar cell manufacturer’s stock after buying an additional 16,766 shares during the period. AIA Group Ltd’s holdings in First Solar were worth $5,516,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Woodline Partners LP increased its stake in shares of First Solar by 40.7% during the 1st quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after purchasing an additional 2,615 shares during the last quarter. Allworth Financial LP increased its position in First Solar by 33.4% during the second quarter. Allworth Financial LP now owns 903 shares of the solar cell manufacturer’s stock worth $149,000 after buying an additional 226 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in First Solar by 7.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,302 shares of the solar cell manufacturer’s stock valued at $4,354,000 after buying an additional 1,819 shares in the last quarter. Creative Planning lifted its position in shares of First Solar by 33.0% in the second quarter. Creative Planning now owns 23,341 shares of the solar cell manufacturer’s stock worth $3,864,000 after buying an additional 5,789 shares during the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of First Solar by 24.6% in the second quarter. Intech Investment Management LLC now owns 9,166 shares of the solar cell manufacturer’s stock worth $1,517,000 after buying an additional 1,807 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

First Solar News Summary

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

• Positive Sentiment: Guggenheim kept a Buy rating and trimmed its price target to $269 (from $312) — still implying sizable upside and signaling institutional conviction despite the cut. Guggenheim price target update
• Positive Sentiment: Polen Capital highlighted First Solar’s CdTe technology and favorable policy momentum (“One Big Beautiful Bill”), reinforcing the company’s competitive positioning in utility-scale solar. Polen Capital investor letter
• Positive Sentiment: Several media/analyst pieces continue to label FSLR undervalued on forward P/E metrics, which can attract value-focused buyers and support mean‑reversion. Undervalued renewable energy roundup
• Neutral Sentiment: Evercore ISI lowered its price target to $212 (from $241) but retained an In‑Line rating — a recalibration rather than a downgrade that may temper upside expectations. Evercore ISI price target cut
• Neutral Sentiment: Small, routine insider sales were reported (e.g., CAO Nathan Theurer sold 96 shares); such filings are common and often reflect personal liquidity rather than a signal on fundamentals. InsiderTrades CAO sale
• Negative Sentiment: Concentrated executive selling: multiple senior officers — notably the CFO (large 14,106‑share sale), General Counsel and CEO — disclosed significant reductions in positions. Clustered large sales from top executives are amplifying negative sentiment and raising investor questions. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing legal risk and potential headline‑driven volatility that investors should monitor closely. Pomerantz investor alert

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on FSLR. Freedom Capital lowered First Solar from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. TD Cowen reduced their target price on First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Jefferies Financial Group reaffirmed a “hold” rating and set a $205.00 target price on shares of First Solar in a research report on Thursday, February 26th. Morgan Stanley dropped their price target on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. Finally, Guggenheim reduced their price objective on shares of First Solar from $312.00 to $269.00 and set a “buy” rating for the company in a research note on Tuesday. Twenty research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, First Solar has a consensus rating of “Moderate Buy” and an average price target of $248.17.

First Solar Trading Down 1.3%

First Solar stock opened at $197.81 on Thursday. The business has a 50 day moving average price of $223.56 and a two-hundred day moving average price of $236.24. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99. The stock has a market cap of $21.23 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the business posted $3.65 earnings per share. First Solar’s revenue was up 11.1% on a year-over-year basis. As a group, equities analysts forecast that First Solar, Inc. will post 13.05 EPS for the current year.

Insider Activity

In other First Solar news, CEO Mark R. Widmar sold 7,738 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total value of $1,516,106.34. Following the transaction, the chief executive officer directly owned 91,787 shares in the company, valued at approximately $17,983,826.91. This trade represents a 7.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Markus Gloeckler sold 3,640 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $196.95, for a total value of $716,898.00. Following the sale, the chief technology officer directly owned 8,037 shares of the company’s stock, valued at $1,582,887.15. This represents a 31.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 75,989 shares of company stock worth $14,921,902. 0.48% of the stock is 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.