First Solar, Inc. $FSLR Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG lowered its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 17.3% in the first quarter, Holdings Channel.com reports. The fund owned 88,410 shares of the solar cell manufacturer’s stock after selling 18,465 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in First Solar were worth $17,424,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Woodline Partners LP boosted its stake in shares of First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after acquiring an additional 2,615 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of First Solar by 50.9% during the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock worth $85,000 after purchasing an additional 174 shares in the last quarter. Brown Advisory Inc. raised its stake in First Solar by 84.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock valued at $750,000 after purchasing an additional 2,072 shares during the last quarter. Cerity Partners LLC acquired a new position in First Solar in the 2nd quarter valued at $494,000. Finally, AXA S.A. lifted its holdings in First Solar by 6.3% in the 2nd quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after purchasing an additional 1,115 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key First Solar News

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

• Positive Sentiment: Susquehanna raised its price target on First Solar to $270 from $250 and maintained a positive rating, signaling continued analyst confidence in the stock’s upside potential. Benzinga report on Susquehanna price target increase
• Neutral Sentiment: Zacks highlighted First Solar as a strong value stock, which may support the longer-term investment case but is unlikely to move the shares on its own. Zacks value stock article
• Negative Sentiment: Multiple law firms issued class-action reminders and lead-plaintiff deadline alerts tied to First Solar, reinforcing legal uncertainty and potential investor concern around the company. Newsfile class action alert
• Negative Sentiment: Recent coverage also tied the stock’s weakness to the earlier steep selloff and reduced 2026 guidance, which continues to hang over sentiment. PR Newswire class action alert

Analyst Ratings Changes

FSLR has been the topic of several recent research reports. Barclays lowered their target price on shares of First Solar from $228.00 to $213.00 and set an “overweight” rating on the stock in a research note on Monday, April 20th. Wells Fargo & Company raised their price target on shares of First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Mizuho boosted their price target on shares of First Solar from $243.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, June 12th. Morgan Stanley upped their price objective on shares of First Solar from $230.00 to $245.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, BMO Capital Markets cut their price objective on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $254.31.

First Solar Price Performance

Shares of NASDAQ FSLR opened at $227.83 on Monday. The stock’s 50-day simple moving average is $250.91 and its 200-day simple moving average is $230.60. The firm has a market capitalization of $24.48 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 0.50 and a beta of 1.73. First Solar, Inc. has a fifty-two week low of $159.85 and a fifty-two week high of $320.95. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.95 earnings per share. As a group, equities research analysts forecast that First Solar, Inc. will post 17.6 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Kuntal Kumar Verma sold 582 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $250.00, for a total value of $145,500.00. Following the completion of the transaction, the insider owned 4,967 shares in the company, valued at approximately $1,241,750. This represents a 10.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the completion of the transaction, the insider directly owned 23,792 shares in the company, valued at $6,557,075.20. This trade represents a 30.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 32,466 shares of company stock worth $8,014,105. 0.39% of the stock is currently owned by company insiders.

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.