2,953 Shares in First Solar, Inc. $FSLR Bought by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. acquired a new position in First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,953 shares of the solar cell manufacturer’s stock, valued at approximately $697,000.

Several other large investors have also made changes to their positions in the business. Woodline Partners LP lifted its position in First Solar by 40.7% in the first 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 period. EverSource Wealth Advisors LLC increased its holdings in First Solar by 50.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after buying an additional 174 shares during the period. Brown Advisory Inc. raised its stake in shares of First Solar by 84.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock valued at $750,000 after buying an additional 2,072 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of First Solar in the 2nd quarter valued at $494,000. Finally, AXA S.A. lifted its holdings in shares of First Solar by 6.3% during the 2nd quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock worth $3,122,000 after acquiring an additional 1,115 shares during the period. 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: A valuation analysis estimated that FSLR may be about 30% undervalued based on a discounted-cash-flow assessment. The article also said the recently reported 15% tariff on polysilicon imports could support domestic pricing and First Solar’s cash flow, potentially benefiting its U.S.-focused manufacturing strategy. First Solar Stock Could Be 30% Undervalued
• Positive Sentiment: Recent coverage continues to highlight First Solar’s strong operating performance. The company’s latest quarterly EPS of $3.92 exceeded the $2.90 consensus estimate, and its substantial contracted backlog provides visibility into future demand. Analysts tracked by MarketBeat maintain a “Moderate Buy” consensus rating with an average price target of $264.44, above the referenced trading level.
• Neutral Sentiment: Solar-industry outlooks remain mixed: demand is strong, but shifting U.S. policy, tariffs and import rules could affect module pricing, customer decisions and First Solar’s earnings outlook. These policy changes may help domestic production while also increasing uncertainty. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Negative Sentiment: Several law firms are publicizing a securities class-action lawsuit against First Solar and certain officers. The complaint alleges misleading statements concerning tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. The August 24 lead-plaintiff deadline is generating repeated headlines and adds legal, reputational and potential financial risk. The allegations have not been proven. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold 127 shares to cover tax withholding related to vested equity awards. Because the transaction was small and tax-related, it is unlikely to materially affect the investment thesis.

First Solar Trading Up 1.1%

Shares of NASDAQ:FSLR opened at $222.40 on Thursday. First Solar, Inc. has a 1-year low of $182.99 and a 1-year high of $320.95. The stock has a market capitalization of $23.90 billion, a P/E ratio of 13.71, a P/E/G ratio of 0.48 and a beta of 1.75. The business has a 50-day moving average price of $231.07 and a two-hundred day moving average price of $224.41.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm posted $3.18 earnings per share. First Solar’s revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, equities analysts predict that First Solar, Inc. will post 17.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on FSLR shares. The Goldman Sachs Group raised their price target on shares of First Solar from $300.00 to $310.00 in a research note on Friday, May 1st. Wells Fargo & Company upped their price objective on First Solar from $300.00 to $313.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Barclays increased their target price on First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Zacks Research raised First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Sanford C. Bernstein decreased their price target on First Solar from $217.00 to $197.00 and set an “underperform” rating on the stock in a research note on Friday, July 31st. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $264.44.

Insider Buying and Selling

In other First Solar news, insider Caroline Stockdale sold 10,628 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total value of $2,929,076.80. Following the completion of the transaction, the insider directly owned 23,792 shares of the company’s stock, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $222.95, for a total value of $28,314.65. Following the sale, the executive vice president directly owned 2,018 shares of the company’s stock, valued at approximately $449,913.10. The trade was a 5.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 25,709 shares of company stock worth $6,386,163 over the last ninety days. Insiders own 0.39% of the company’s stock.

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.