6,448 Shares in First Solar, Inc. $FSLR Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,448 shares of the solar cell manufacturer’s stock, valued at approximately $1,522,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pictet Asset Management Holding SA increased its position in shares of First Solar by 29.3% during the first quarter. Pictet Asset Management Holding SA now owns 1,138,473 shares of the solar cell manufacturer’s stock valued at $224,540,000 after buying an additional 258,204 shares during the period. Atlatl Advisers LLC purchased a new stake in First Solar in the fourth quarter worth about $1,697,000. Northwestern Mutual Wealth Management Co. boosted its position in First Solar by 1,054.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 52,219 shares of the solar cell manufacturer’s stock valued at $13,641,000 after acquiring an additional 47,695 shares in the last quarter. Genus Capital Management Inc. bought a new stake in First Solar during the 4th quarter valued at approximately $4,525,000. Finally, Norges Bank purchased a new position in shares of First Solar during the 4th quarter worth approximately $392,040,000. Institutional investors own 92.08% of the company’s stock.

First Solar Stock Performance

FSLR stock opened at $205.93 on Thursday. The firm has a 50 day moving average price of $225.43 and a 200-day moving average price of $223.58. First Solar, Inc. has a 52-week low of $182.99 and a 52-week high of $320.95. The firm has a market capitalization of $22.13 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 0.45 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the firm posted $3.18 EPS. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, sell-side analysts forecast that First Solar, Inc. will post 17.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on FSLR shares. Mizuho set a $324.00 target price on First Solar in a research report on Thursday, August 13th. Robert W. Baird set a $318.00 price target on First Solar and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Citigroup upped their price target on First Solar from $294.00 to $297.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. UBS Group increased their price objective on First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Finally, Sanford C. Bernstein lowered their price objective on First Solar from $217.00 to $197.00 and set an “underperform” rating for the company in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, First Solar presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.37.

Insider Buying and Selling

In other news, CTO Markus Gloeckler sold 829 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $248.00, for a total transaction of $205,592.00. Following the completion of the transaction, the chief technology officer directly owned 6,642 shares in the company, valued at $1,647,216. This trade represents a 11.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jason E. Dymbort sold 3,700 shares of First Solar stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total value of $922,706.00. Following the completion of the transaction, the general counsel directly owned 5,624 shares of the company’s stock, valued at approximately $1,402,513.12. This represents a 39.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 15,081 shares of company stock valued at $3,457,086. 0.39% of the stock is owned by insiders.

Trending Headlines about First Solar

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

• Positive Sentiment: Argus reaffirmed its Buy rating and set a $275 price target, implying substantial upside from recent trading levels and signaling confidence in First Solar’s valuation and outlook. Benzinga rating report
• Positive Sentiment: Potential U.S. government support could benefit First Solar. New Section 232 tariffs on polysilicon imports may encourage additional domestic-solar investment, including the possibility of government-backed equity arrangements modeled on the Intel deal. However, no such investment in First Solar has been confirmed. Trump solar tariffs article
• Positive Sentiment: Value-focused coverage remains supportive. Zacks identified FSLR as a highly ranked value stock, potentially attracting investors seeking comparatively inexpensive solar exposure. Zacks value-stock article
• Neutral Sentiment: Jim Cramer discussed First Solar alongside several other stocks, but the report provided no specific new recommendation or fundamental update for FSLR. Jim Cramer stock discussion
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, making the figures unreliable or non-informative for trading analysis.
• Negative Sentiment: New FCC restrictions on foreign inverters are favoring SolarEdge more directly, while First Solar and Enphase drifted lower. The policy divergence suggests investors do not view FSLR as a primary beneficiary of the inverter-related rule change. SolarEdge and inverter import curbs article
• Negative Sentiment: Two law firms announced investigations or investor solicitations involving First Solar. These notices can weigh on sentiment by raising concerns about potential shareholder litigation, although they do not establish wrongdoing or financial liability. First Solar investor alert

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.