Natixis Advisors LLC boosted its position in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) by 13.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 51,328 shares of the solar cell manufacturer’s stock after purchasing an additional 5,891 shares during the quarter. Natixis Advisors LLC’s holdings in First Solar were worth $11,319,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. Joule Financial LLC acquired a new position in First Solar in the third quarter valued at about $950,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of First Solar by 22.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,155 shares of the solar cell manufacturer’s stock worth $17,015,000 after purchasing an additional 13,904 shares during the period. Belpointe Asset Management LLC acquired a new stake in shares of First Solar during the third quarter worth about $1,193,000. State Street Corp lifted its holdings in shares of First Solar by 2.1% during the 2nd quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock valued at $881,680,000 after purchasing an additional 111,927 shares in the last quarter. Finally, Greenup Street Wealth Management LLC acquired a new position in shares of First Solar in the 3rd quarter valued at approximately $2,147,000. Institutional investors own 92.08% of the company’s stock.
First Solar Trading Down 1.3%
NASDAQ:FSLR opened at $197.56 on Friday. First Solar, Inc. has a twelve month low of $116.56 and a twelve month high of $285.99. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average price of $228.81 and a two-hundred day moving average price of $235.89. The company has a market cap of $21.20 billion, a P/E ratio of 13.90, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65.
Key Headlines Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: Barclays reiterated an Overweight rating on FSLR, signaling confidence in demand and growth even as it trimmed its price target — this preserves analyst support for the growth story. Read More.
- Positive Sentiment: Sector and media coverage continue to frame First Solar as a structural clean‑energy play (domestic manufacturing, CdTe tech, utility‑scale backlog), which supports longer‑term demand expectations for the stock. Read More.
- Neutral Sentiment: Analyst views are mixed: some firms trimmed targets or downgraded while others maintained or raised targets, leaving a consensus “Moderate Buy” but with a wide range of valuations — a source of cross‑currents for traders. Read More.
- Neutral Sentiment: Large institutional ownership (over 90%) and recent small inflows/outflows mean moves can be magnified by concentration of holders; institutional activity is worth watching but not yet decisive. Read More.
- Negative Sentiment: Multiple senior executives executed sizable sales on March 9–10 (including CEO Mark Widmar and other C‑suite members). The clustered nature and scale of the sales are being read negatively by the market and can amplify short‑term downside. Read More.
- Negative Sentiment: Pomerantz LLP issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny raises uncertainty and typically acts as a near‑term headwind. Read More.
- Negative Sentiment: Technical and valuation pressure: the shares have pulled back notably over recent weeks and are trading below their 50‑ and 200‑day moving averages, which can trigger technical selling and drag sentiment. Read More.
- Negative Sentiment: Recent quarter: revenue beat but EPS missed consensus (reported $4.84 vs. $5.22 est.), a mixed result that leaves room for near‑term analyst caution. Read More.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on FSLR. Mizuho lowered their target price on First Solar from $326.00 to $271.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $205.00 price target on shares of First Solar in a research note on Thursday, February 26th. Susquehanna reduced their price target on shares of First Solar from $292.00 to $280.00 and set a “positive” rating for the company in a report on Wednesday, February 25th. Needham & Company LLC increased their price objective on shares of First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, Royal Bank Of Canada dropped their price objective on shares of First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $249.65.
Check Out Our Latest Analysis on First Solar
Insiders Place Their Bets
In other First Solar news, CFO Alexander R. Bradley sold 3,194 shares of First Solar stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $625,800.42. Following the sale, the chief financial officer directly owned 40,794 shares in the company, valued at approximately $7,992,768.42. The trade was a 7.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark R. Widmar sold 7,738 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $1,516,106.34. Following the sale, the chief executive officer directly owned 91,787 shares in the company, valued at $17,983,826.91. This trade represents a 7.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 47,761 shares of company stock valued at $9,276,424 in the last quarter. Company insiders own 0.48% 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.
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