Figure 8 Investment Strategies LLC Takes $1.91 Million Position in First Solar, Inc. $FSLR

Figure 8 Investment Strategies LLC acquired a new position in shares of First Solar, Inc. (NASDAQ:FSLR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,088 shares of the solar cell manufacturer’s stock, valued at approximately $1,908,000. First Solar comprises 1.6% of Figure 8 Investment Strategies LLC’s investment portfolio, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Woodline Partners LP raised its stake in First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after buying an additional 2,615 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of First Solar by 50.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock worth $85,000 after acquiring an additional 174 shares during the period. Brown Advisory Inc. increased its holdings in shares of First Solar by 84.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock worth $750,000 after acquiring an additional 2,072 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of First Solar during the 2nd quarter worth approximately $494,000. Finally, AXA S.A. raised its stake 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 acquiring an additional 1,115 shares during the period. 92.08% of the stock is owned by institutional investors.

Insider Buying and Selling at First Solar

In other First Solar news, CTO Markus Gloeckler sold 829 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $248.00, for a total value 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. This trade represents a 11.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the business’s 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 $449,913.10. The trade was a 5.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,106 shares of company stock valued at $7,723,039 over the last three months. 0.39% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Mizuho set a $324.00 price target on First Solar in a report on Thursday, August 13th. HSBC raised shares of First Solar from a “hold” rating to a “buy” rating in a research report on Friday, August 7th. The Goldman Sachs Group lifted their target price on shares of First Solar from $300.00 to $310.00 in a report on Friday, May 1st. Zacks Research upgraded shares of First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Susquehanna increased their price target on shares of First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $264.44.

First Solar Price Performance

Shares of NASDAQ FSLR opened at $220.01 on Wednesday. The business has a fifty day moving average price of $231.60 and a two-hundred day moving average price of $224.42. The stock has a market capitalization of $23.64 billion, a PE ratio of 13.56, a P/E/G ratio of 0.49 and a beta of 1.76. First Solar, Inc. has a fifty-two week low of $182.99 and a fifty-two week high of $320.95.

First Solar (NASDAQ:FSLR) last released its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the firm posted $3.18 EPS. First Solar’s quarterly revenue was down 3.4% on a year-over-year basis. On average, equities analysts expect that First Solar, Inc. will post 17.75 EPS for the current year.

More First Solar News

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

• Positive Sentiment: First Solar was highlighted among the stronger second-quarter renewable-energy performers. The company’s latest results included adjusted EPS of $3.92, well above the $2.90 consensus estimate, while its contracted backlog remains substantial. Q2 Earnings Outperformers: First Solar and the Rest of the Renewable Energy Stocks
• Positive Sentiment: Zacks identified FSLR as a strong momentum stock, which may support investor interest following its earnings outperformance and relatively attractive valuation metrics. Why First Solar Is a Strong Momentum Stock
• Neutral Sentiment: Analyst and industry coverage continues to focus on strong solar demand, but changing U.S. policies, tariffs and import rules could affect pricing, customer decisions and First Solar’s 2026 earnings outlook. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Neutral Sentiment: Institutional positioning was mixed: several large investors added FSLR shares in the second quarter, while others reduced holdings. Separately, unusually heavy put-option activity suggests increased hedging or bearish speculation, but does not establish the market’s future direction.
• Negative Sentiment: First Solar faces a securities class-action lawsuit filed in federal court. The complaint alleges that the company and certain executives made misleading statements regarding tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. Multiple law firms are publicizing an August 24 lead-plaintiff deadline. The allegations have not been proven, but the litigation adds reputational, financial and sentiment risk. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold a small number of shares to cover tax withholding obligations related to vested equity awards. Because the sale was designated for taxes and represented only 127 shares, it is unlikely to be a major fundamental signal.

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.