Hill City Capital LP Invests $620.13 Billion in First Solar, Inc. $FSLR

Hill City Capital LP purchased a new position in shares of First Solar, Inc. (NASDAQ:FSLR) during the second quarter, Holdings Channel reports. The firm purchased 2,628,130 shares of the solar cell manufacturer’s stock, valued at approximately $620,133,555,000. First Solar comprises about 14.5% of Hill City Capital LP’s holdings, making the stock its 2nd largest holding.

Several other large investors also recently bought and sold shares of the business. Root Financial Partners LLC raised its holdings in First Solar by 18.2% in the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after acquiring an additional 45 shares during the last quarter. Fiduciary Financial Group LLC boosted its holdings in shares of First Solar by 2.3% during the 2nd quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock worth $478,000 after purchasing an additional 45 shares during the last quarter. FIL Ltd boosted its holdings in shares of First Solar by 6.9% during the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after purchasing an additional 46 shares during the last quarter. Fielder Capital Group LLC grew its position in shares of First Solar by 4.1% in the fourth quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock valued at $312,000 after purchasing an additional 47 shares in the last quarter. Finally, Burford Brothers Inc. grew its position in shares of First Solar by 0.3% in the fourth quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock valued at $4,984,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Samantha L. Sloan sold 127 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $222.95, for a total transaction of $28,314.65. Following the completion of the transaction, the executive vice president owned 2,018 shares of the company’s stock, valued at approximately $449,913.10. This trade represents a 5.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Markus Gloeckler sold 829 shares of the stock in a transaction that occurred 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 transaction, the chief technology officer directly owned 6,642 shares of the company’s stock, valued at $1,647,216. The trade was a 11.10% 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. In the last ninety days, insiders sold 25,709 shares of company stock worth $6,386,163. Insiders own 0.39% of the company’s stock.

First Solar Stock Performance

Shares of NASDAQ:FSLR opened at $214.28 on Monday. The company has a market capitalization of $23.02 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 0.47 and a beta of 1.76. First Solar, Inc. has a 12-month low of $182.99 and a 12-month high of $320.95. The business has a 50-day moving average price of $228.86 and a 200 day moving average price of $224.21.

First Solar (NASDAQ:FSLR) last posted its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. First Solar’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 company posted $3.18 earnings per share. As a group, equities research analysts predict that First Solar, Inc. will post 17.72 earnings per share for the current fiscal year.

Trending Headlines about First Solar

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

• Positive Sentiment: First Solar could benefit competitively as a wave of bankruptcies pressures weaker solar-sector companies, potentially improving its relative market position and customer opportunities. First Solar stands to gain as bankruptcy wave hits solar sector
• Neutral Sentiment: The securities class action covers investors who purchased First Solar shares between February 26, 2025, and February 24, 2026. Investors have been urged to seek lead-plaintiff status by August 24. The deadline notices from Kaplan Fox, Pomerantz, Faruqi & Faruqi, Rosen, SBS, DJS and other firms largely repeat the same information and do not represent a new operating announcement by First Solar. Kaplan Fox class action deadline notice
• Negative Sentiment: The lawsuit alleges that First Solar and certain officers violated federal securities laws by making misleading statements or omissions. Reported areas of investor concern include underutilization in Series 6 module production and costly challenges associated with expanding domestic manufacturing operations in South Carolina. If the case advances, it could create legal costs, potential damages and reputational risk for First Solar. SueWallSt First Solar class action allegations

Wall Street Analysts Forecast Growth

FSLR has been the subject of several recent research reports. Truist Financial reaffirmed a “hold” rating and issued a $229.00 price target (down from $249.00) on shares of First Solar in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft raised First Solar from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $245.00 to $272.00 in a research note on Monday, July 6th. Morgan Stanley upped their target price on First Solar from $245.00 to $323.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Susquehanna lifted their price target on First Solar from $250.00 to $270.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Finally, TD Cowen reiterated a “buy” rating on shares of First Solar in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $264.44.

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.