Palogic Value Management L.P. Acquires Shares of 4,350 First Solar, Inc. $FSLR

Palogic Value Management L.P. bought a new position in shares of First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,350 shares of the solar cell manufacturer’s stock, valued at approximately $1,026,000.

Other institutional investors have also modified their holdings of the company. Panoramic Capital LLC purchased a new position in First Solar in the second quarter valued at about $7,669,000. Bank of America Corp DE purchased a new stake in First Solar during the 2nd quarter worth approximately $171,043,000. Freestone Grove Partners LP acquired a new position in shares of First Solar in the 2nd quarter valued at approximately $7,185,000. Caisse de depot et placement du Quebec acquired a new position in shares of First Solar in the 2nd quarter valued at approximately $36,252,000. Finally, Jupiter Topco LLC purchased a new position in shares of First Solar during the 2nd quarter valued at approximately $6,121,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Buying and Selling

In other news, General Counsel Jason E. Dymbort sold 3,700 shares of the company’s stock in a transaction that occurred on 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 approximately $1,402,513.12. This represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 3,425 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $218.95, for a total value of $749,903.75. Following the sale, the chief technology officer owned 7,471 shares in the company, valued at $1,635,775.45. The trade was a 31.43% 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. In the last ninety days, insiders have sold 15,081 shares of company stock valued at $3,457,086. 0.39% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FSLR shares. Citigroup raised their price target on shares of First Solar from $294.00 to $297.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Wells Fargo & Company increased their price objective on shares of First Solar from $300.00 to $313.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Robert W. Baird set a $318.00 price objective on shares of First Solar and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Susquehanna raised their price objective on shares of First Solar from $250.00 to $270.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Finally, Jefferies Financial Group set a $196.00 target price on shares of First Solar in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.37.

First Solar Stock Performance

First Solar stock opened at $205.93 on Thursday. First Solar, Inc. has a 1 year low of $182.99 and a 1 year high of $320.95. The firm’s 50-day moving average is $225.43 and its 200-day moving average is $223.58. The company has a market cap of $22.13 billion, a P/E ratio of 12.70, a PEG ratio of 0.45 and a beta of 1.75.

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

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 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.