Oddo BHF Asset Management Sas Has $2.89 Million Stock Holdings in First Solar, Inc. $FSLR

Oddo BHF Asset Management Sas trimmed its holdings in shares of First Solar, Inc. (NASDAQ:FSLR) by 49.2% in the first quarter, Holdings Channel.com reports. The firm owned 14,650 shares of the solar cell manufacturer’s stock after selling 14,197 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in First Solar were worth $2,890,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Strategic Wealth Investment Group LLC bought a new stake in shares of First Solar during the second quarter worth $26,000. Commonwealth Retirement Investments LLC acquired a new position in First Solar in the 4th quarter worth $26,000. Reflection Asset Management acquired a new position in First Solar in the 4th quarter worth $26,000. Larson Financial Group LLC increased its holdings 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 purchasing an additional 55 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new position in First Solar during the 4th quarter worth about $30,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.

First Solar Stock Performance

Shares of FSLR opened at $206.01 on Friday. The company has a market cap of $22.14 billion, a PE ratio of 13.31, a price-to-earnings-growth ratio of 0.44 and a beta of 1.73. The firm has a 50-day moving average of $246.02 and a 200-day moving average of $225.33. First Solar, Inc. has a one year low of $171.99 and a one year high of $320.95. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15.

First Solar (NASDAQ:FSLR) last issued its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.93. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the firm earned $3.18 EPS. First Solar’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, equities analysts forecast that First Solar, Inc. will post 17.54 earnings per share for the current year.

More First Solar News

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

• Positive Sentiment: First Solar reported second-quarter diluted EPS of $3.92, well above analyst estimates of roughly $2.74–$2.90 and up from $3.18 a year earlier. Adjusted EBITDA also increased to $644 million from $560 million. First Solar Beats Q2 Earnings Estimates
• Positive Sentiment: The company reaffirmed its 2026 net sales guidance of $4.9 billion to $5.2 billion and maintained expectations for third-quarter module sales of 3.9 GW to 4.5 GW and adjusted EBITDA of $625 million to $775 million. First Solar Second Quarter Results
• Positive Sentiment: First Solar ended the quarter with approximately $1.7 billion in gross and net cash and a contracted sales backlog of 45.1 GW, supporting long-term revenue visibility. First Solar Q2 Revenue and Profit
• Neutral Sentiment: Quarterly revenue totaled $1.06 billion, essentially matching estimates but declining about 4% year over year. Full-year guidance has a midpoint of $5.05 billion, slightly below the approximately $5.1 billion analyst consensus. First Solar Misses Q2 Revenue Estimates
• Negative Sentiment: Customer contract terminations reduced revenue and offset higher third-party module sales, highlighting continued execution and demand risks despite the sizable backlog. First Solar Sales Fall on Contract Cancellations
• Negative Sentiment: Several law firms publicized a pending securities class action alleging misleading statements about tariff impacts and international production challenges. The allegations remain unresolved, but the litigation adds headline and potential financial risk. First Solar Shareholder Action Reminder

Insider Activity

In other First Solar news, insider Kuntal Kumar Verma sold 582 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $250.00, for a total value of $145,500.00. Following the sale, the insider owned 4,967 shares in the company, valued at $1,241,750. This represents a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Georges Antoun sold 566 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $122,046.58. Following the completion of the sale, the insider directly owned 19,918 shares of the company’s stock, valued at approximately $4,294,918.34. The trade was a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 31,893 shares of company stock valued at $7,893,775. 0.39% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

FSLR has been the topic of a number of research reports. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Wells Fargo & Company upped their price objective on First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. 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. Guggenheim lifted their target price on First Solar from $269.00 to $279.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Citigroup restated a “buy” rating on shares of First Solar in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $257.10.

About First Solar

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.