Castleark Management LLC Takes $864,000 Position in First Solar, Inc. $FSLR

Castleark Management LLC bought a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,660 shares of the solar cell manufacturer’s stock, valued at approximately $864,000.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new position in shares of First Solar in the fourth quarter worth about $26,000. Reflection Asset Management purchased a new stake in First Solar during the 4th quarter valued at about $26,000. Strategic Wealth Investment Group LLC purchased a new stake in First Solar during the 2nd quarter valued at about $26,000. Larson Financial Group LLC grew its position in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of First Solar during the fourth quarter valued at approximately $30,000. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CTO Markus Gloeckler sold 829 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $248.00, for a total value of $205,592.00. Following the transaction, the chief technology officer owned 6,642 shares in the company, valued at $1,647,216. The trade was a 11.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 transaction 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 $1,402,513.12. This trade represents a 39.68% decrease in their ownership of the stock. 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.

First Solar News Roundup

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 Stock Performance

Shares of FSLR opened at $205.93 on Thursday. The firm’s 50-day simple moving average is $225.43 and its two-hundred day simple moving average is $223.58. First Solar, Inc. has a fifty-two week low of $182.99 and a fifty-two week high of $320.95. The stock has a market cap of $22.13 billion, a PE ratio of 12.70, a price-to-earnings-growth 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. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.18 EPS. Equities research analysts predict that First Solar, Inc. will post 17.77 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on FSLR. Sanford C. Bernstein decreased their target price on shares of First Solar from $217.00 to $197.00 and set an “underperform” rating on the stock in a research note on Friday, July 31st. HSBC raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. Jefferies Financial Group set a $196.00 target price on shares of First Solar in a report on Monday, August 3rd. UBS Group boosted their price target on First Solar from $290.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Finally, Susquehanna increased their price objective on First Solar from $250.00 to $270.00 and gave the stock a “positive” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $265.37.

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.