Danske Bank A S Makes New $37.84 Million Investment in First Solar, Inc. $FSLR

Danske Bank A S bought a new stake in First Solar, Inc. (NASDAQ:FSLR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 171,576 shares of the solar cell manufacturer’s stock, valued at approximately $37,838,000. Danske Bank A S owned about 0.16% of First Solar at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Wealth Investment Group LLC purchased a new stake in shares of First Solar during the 2nd quarter valued at approximately $26,000. Total Investment Management Inc. purchased a new position in First Solar in the second quarter worth approximately $36,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in First Solar during the third quarter worth $44,000. CYBER HORNET ETFs LLC acquired a new stake in First Solar during the second quarter worth $47,000. Finally, NBT Bank N A NY raised its position in First Solar by 550.0% in the third quarter. NBT Bank N A NY now owns 221 shares of the solar cell manufacturer’s stock valued at $49,000 after purchasing an additional 187 shares during the period. Institutional investors and hedge funds own 92.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Wall Street Zen cut First Solar from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Wells Fargo & Company reduced their price objective on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. DZ Bank raised shares of First Solar to a “strong sell” rating in a research report on Thursday, February 26th. Barclays lowered their target price on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Finally, Raymond James Financial started coverage on shares of First Solar in a research note on Monday, January 12th. They issued a “market perform” rating on the stock. Twenty investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $248.17.

First Solar Price Performance

FSLR stock opened at $197.81 on Thursday. The business’s fifty day moving average price is $223.56 and its 200 day moving average price is $236.24. First Solar, Inc. has a 12-month low of $116.56 and a 12-month high of $285.99. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $21.23 billion, a PE ratio of 13.92, a P/E/G ratio of 0.35 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last announced its earnings results 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). The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business earned $3.65 earnings per share. On average, sell-side analysts anticipate that First Solar, Inc. will post 13.05 EPS for the current year.

Insiders Place Their Bets

In other First Solar news, General Counsel Jason E. Dymbort sold 9,022 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $199.62, for a total transaction of $1,800,971.64. Following the sale, the general counsel directly owned 9,850 shares in the company, valued at $1,966,257. This represents a 47.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark R. Widmar sold 7,738 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total transaction of $1,516,106.34. Following the completion of the transaction, the chief executive officer directly owned 91,787 shares of the company’s stock, valued at $17,983,826.91. This represents a 7.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 75,989 shares of company stock valued at $14,921,902. 0.48% of the stock is owned by company insiders.

Trending Headlines about First Solar

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

First Solar 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.