Impact Partnership Wealth LLC increased its holdings in First Solar, Inc. (NASDAQ:FSLR – Free Report) by 665.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,231 shares of the solar cell manufacturer’s stock after acquiring an additional 6,286 shares during the quarter. Impact Partnership Wealth LLC’s holdings in First Solar were worth $1,426,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Inspire Investing LLC increased its position in First Solar by 5.1% during the 1st quarter. Inspire Investing LLC now owns 12,026 shares of the solar cell manufacturer’s stock valued at $2,372,000 after purchasing an additional 583 shares during the period. Continuum Advisory LLC bought a new stake in shares of First Solar during the 1st quarter valued at about $2,956,000. Apollon Wealth Management LLC increased its position in shares of First Solar by 5.8% during the first quarter. Apollon Wealth Management LLC now owns 3,816 shares of the solar cell manufacturer’s stock valued at $753,000 after buying an additional 210 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of First Solar during the first quarter valued at about $511,000. Finally, Pictet Asset Management Holding SA raised its stake in First Solar by 29.3% in the first quarter. Pictet Asset Management Holding SA now owns 1,138,473 shares of the solar cell manufacturer’s stock worth $224,540,000 after buying an additional 258,204 shares in the last quarter. Institutional investors own 92.08% of the company’s stock.
Key Headlines Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Analysts highlighted First Solar’s expanding U.S. manufacturing footprint, a 47.9-GW backlog through 2030, and its CdTe technology as supports for long-term growth. Article Title
- Neutral Sentiment: Market commentary also pointed to First Solar as a solar-energy stock benefiting from broader sector momentum, which may be helping sentiment around the name. Article Title
- Negative Sentiment: Multiple law firms announced or promoted a class-action securities lawsuit against First Solar tied to purchases between February 26, 2025 and February 24, 2026, with August 24, 2026 cited as a lead-plaintiff deadline. These repeated legal headlines can pressure shares by raising litigation risk and investor uncertainty. Article Title
Insider Transactions at First Solar
First Solar Stock Performance
Shares of FSLR opened at $235.96 on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average price is $245.29 and its 200-day moving average price is $232.62. First Solar, Inc. has a 52 week low of $158.81 and a 52 week high of $320.95. The stock has a market cap of $25.35 billion, a P/E ratio of 15.24, a P/E/G ratio of 0.51 and a beta of 1.71.
First Solar (NASDAQ:FSLR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the business posted $1.95 EPS. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. Equities research analysts anticipate that First Solar, Inc. will post 17.61 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have commented on FSLR. Mizuho raised their price objective on shares of First Solar from $243.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, June 12th. Glj Research downgraded First Solar from a “buy” rating to a “hold” rating and reduced their target price for the stock from $314.43 to $207.82 in a report on Wednesday, March 4th. Jefferies Financial Group decreased their target price on First Solar from $205.00 to $187.00 and set a “hold” rating for the company in a research report on Tuesday, April 7th. Barclays lowered their target price on First Solar from $228.00 to $213.00 and set an “overweight” rating for the company in a research note on Monday, April 20th. Finally, Sanford C. Bernstein reaffirmed an “underperform” rating on shares of First Solar in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $249.78.
Read Our Latest Stock Analysis on FSLR
First Solar Company 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.
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