Venture Visionary Partners LLC Acquires 2,024 Shares of First Solar, Inc. $FSLR

Venture Visionary Partners LLC lifted its holdings in shares of First Solar, Inc. (NASDAQ:FSLR) by 5.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,867 shares of the solar cell manufacturer’s stock after acquiring an additional 2,024 shares during the quarter. Venture Visionary Partners LLC’s holdings in First Solar were worth $11,198,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of FSLR. Apollon Wealth Management LLC grew its stake in First Solar by 1.2% in the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after purchasing an additional 44 shares during the period. Root Financial Partners LLC raised its stake in shares of First Solar by 18.2% during the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after purchasing an additional 45 shares during the period. Fielder Capital Group LLC boosted its holdings in shares of First Solar by 4.1% in the 4th quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after buying an additional 47 shares during the last quarter. Burford Brothers Inc. boosted its holdings in shares of First Solar by 0.3% in the 4th quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock worth $4,984,000 after buying an additional 48 shares during the last quarter. Finally, Cromwell Holdings LLC grew its position in First Solar by 15.8% during the fourth quarter. Cromwell Holdings LLC now owns 367 shares of the solar cell manufacturer’s stock valued at $96,000 after buying an additional 50 shares during the period. 92.08% of the stock is currently owned by institutional investors.

Key First Solar News

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

• Positive Sentiment: Mizuho raised its price target on First Solar to $300 from $243, implying meaningful upside from recent trading levels and reinforcing confidence in the company’s outlook. Mizuho price target update
• Positive Sentiment: UBS Group also lifted its price target to $330 from $290 and maintained a buy rating, signaling continued optimism around First Solar’s growth prospects. UBS analyst update
• Positive Sentiment: Analyst commentary this week highlighted that First Solar has outperformed the S&P 500 over the past year, with sentiment remaining moderately bullish on the stock’s longer-term growth potential.
• Neutral Sentiment: One recent market article compared First Solar’s performance with the broader S&P 500, underscoring that the stock is still being closely watched by investors for relative performance trends. First Solar vs. S&P 500 article
• Neutral Sentiment: A separate note said First Solar declined while the broader market improved, suggesting the move may reflect normal trading volatility rather than a company-specific negative catalyst. Zacks market comparison article

Analysts Set New Price Targets

Several analysts have commented on the stock. Zacks Research raised shares of First Solar from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Robert W. Baird reissued a “neutral” rating and set a $205.00 target price (down from $264.00) on shares of First Solar in a research report on Wednesday, February 25th. Barclays lowered their price target on shares of First Solar from $228.00 to $213.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Weiss Ratings lowered First Solar from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Finally, Royal Bank Of Canada lowered their target price on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $250.99.

Insider Buying and Selling

In other First Solar news, insider Caroline Stockdale sold 10,628 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total value of $2,929,076.80. Following the completion of the transaction, the insider owned 23,792 shares in the company, valued at $6,557,075.20. This trade represents a 30.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alexander R. Bradley sold 14,106 shares of First Solar stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $199.97, for a total value of $2,820,776.82. Following the transaction, the chief financial officer directly owned 30,000 shares of the company’s stock, valued at $5,999,100. The trade was a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 55,870 shares of company stock valued at $12,690,924 in the last 90 days. Corporate insiders own 0.39% of the company’s stock.

First Solar Stock Performance

Shares of FSLR stock opened at $267.31 on Monday. The firm’s 50 day moving average is $231.95 and its 200 day moving average is $233.47. The stock has a market capitalization of $28.72 billion, a P/E ratio of 17.27, a PEG ratio of 0.59 and a beta of 1.71. First Solar, Inc. has a 12 month low of $135.50 and a 12 month high of $320.95. The company has a current ratio of 2.56, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. First Solar’s revenue was up 23.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.95 EPS. On average, sell-side analysts anticipate that First Solar, Inc. will post 17.61 earnings per share for the current year.

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.