Envestnet Asset Management Inc. Cuts Stock Holdings in First Solar, Inc. $FSLR

Envestnet Asset Management Inc. lessened its holdings in First Solar, Inc. (NASDAQ:FSLR) by 6.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,086 shares of the solar cell manufacturer’s stock after selling 2,387 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Solar were worth $7,076,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FSLR. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar in the 2nd quarter valued at approximately $26,000. Hantz Financial Services Inc. raised its position in First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock worth $30,000 after acquiring an additional 75 shares in the last quarter. Total Investment Management Inc. acquired a new stake in First Solar in the second quarter valued at $36,000. Private Trust Co. NA boosted its position in shares of First Solar by 2,610.0% during the 2nd quarter. Private Trust Co. NA now owns 271 shares of the solar cell manufacturer’s stock worth $45,000 after purchasing an additional 261 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of First Solar during the 2nd quarter worth $47,000. Institutional investors and hedge funds 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: Supreme Court struck down the administration’s proposed “reciprocal” tariffs, removing a major policy overhang that could have increased costs or disrupted supply chains for U.S. solar projects and module makers — a clear near-term positive for First Solar’s domestic project economics and project pipeline. First Solar surges after Supreme Court strikes down Trump’s ‘reciprocal’ tariffs
• Positive Sentiment: First Solar secured a $1.5B five-year senior unsecured revolving credit facility, improving liquidity and financial flexibility to fund plant ramp, working capital and project development. That reduces financing risk around expansion plans. First Solar Secures $1.5 Billion Revolving Credit Facility
• Positive Sentiment: Company expansion and tax-credit activity — including a new ~$1.1B Louisiana plant and a recent tax-credit sale — are cited as lifting the outlook, supporting revenue visibility as First Solar scales U.S. manufacturing. First Solar to Release Q4 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Upcoming Q4 earnings are a near-term catalyst — results and guidance will be watched for margins, demand trends and any commentary on U.S. vs. Asia supply mix. Investors should expect volatility around the print. First Solar to Release Q4 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Heightened retail/investor attention (Zacks/Yahoo coverage) is drawing flows and may amplify intraday moves, but it doesn’t change fundamentals by itself. First Solar, Inc. (FSLR) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Sector data: Array Technologies’ rebound highlights strong U.S. solar demand and backlog, which can be a tailwind for installers and module suppliers (indirect for FSLR). Array Technologies Legacy Operations Regain Momentum on Volume Surge?
• Negative Sentiment: Competition from low-cost Asian output remains a structural headwind mentioned in previews; margins and ASP pressure could reappear if global oversupply intensifies despite the tariff ruling. First Solar to Release Q4 Earnings: What’s in Store for the Stock?
• Negative Sentiment: Recent intraday weakness reported in coverage and odd/unclear short-interest reporting suggest potential for near-term volatility and noisy price action; monitor volume and updates. First Solar (FSLR) Suffers a Larger Drop Than the General Market: Key Insights

Analyst Ratings Changes

Several analysts recently commented on the stock. Wall Street Zen upgraded shares of First Solar from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Mizuho reduced their price target on shares of First Solar from $335.00 to $326.00 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Rothschild & Co Redburn boosted their price target on First Solar from $150.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Royal Bank Of Canada raised their price objective on First Solar from $244.00 to $258.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Finally, UBS Group lifted their price objective on First Solar from $275.00 to $330.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $275.61.

First Solar Trading Up 3.7%

Shares of First Solar stock opened at $241.88 on Friday. First Solar, Inc. has a 1 year low of $116.56 and a 1 year high of $285.99. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.91 and a quick ratio of 1.55. The business has a 50 day moving average price of $246.03 and a 200 day moving average price of $234.81. The company has a market capitalization of $25.96 billion, a P/E ratio of 18.58, a P/E/G ratio of 0.30 and a beta of 1.60.

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.