Trillium Asset Management LLC Makes New Investment in First Solar, Inc. $FSLR

Trillium Asset Management LLC acquired a new position in First Solar, Inc. (NASDAQ:FSLR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 137,423 shares of the solar cell manufacturer’s stock, valued at approximately $32,427,000. First Solar makes up about 1.0% of Trillium Asset Management LLC’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Retirement Investments LLC purchased a new position in First Solar in the fourth quarter valued at $26,000. Reflection Asset Management acquired a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar during the 2nd quarter valued at about $26,000. Larson Financial Group LLC increased its stake in shares of First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after purchasing an additional 55 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in shares of First Solar in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Activity at First Solar

In other news, CTO Markus Gloeckler sold 3,425 shares of First Solar stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $218.95, for a total value of $749,903.75. Following the completion of the sale, the chief technology officer directly owned 7,471 shares of the company’s stock, valued at approximately $1,635,775.45. The trade was a 31.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of First Solar stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the completion of the transaction, the insider directly owned 7,642 shares of the company’s stock, valued at approximately $1,692,779.42. This represents a 47.81% decrease in their ownership of the stock. 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. Insiders have sold a total of 25,709 shares of company stock valued at $6,386,163 over the last quarter. 0.39% of the stock is owned by insiders.

More First Solar News

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

• Positive Sentiment: First Solar could benefit from a wave of solar-industry bankruptcies if weaker competitors exit the market, potentially reducing competition and supporting demand for its domestically produced thin-film modules. First Solar stands to gain as bankruptcy wave hits solar sector
• Positive Sentiment: Some market commentary argues that First Solar may be undervalued, while a 15% tariff on imported polysilicon could support domestic pricing and cash flow. These factors offer potential offsets to the company’s legal and policy risks. First Solar Stock Could Be 30% Undervalued As Tariff News Lifts Sentiment
• Neutral Sentiment: First Solar executive Samantha Sloan sold 127 shares for approximately $28,315 to cover tax withholding on vested equity awards. The small, tax-related transaction is unlikely to represent a meaningful change in management’s view of the business.
• Negative Sentiment: Several law firms are promoting a securities class action against First Solar and certain officers. The lawsuit alleges investors were misled about Series 6 module production underutilization, the costs and challenges of moving operations to South Carolina, and related tariff and production risks during the February 26, 2025–February 24, 2026 class period. The allegations have not been proven, but potential damages, legal costs and reputational harm are weighing on sentiment. Investors have until August 24, 2026, to seek lead-plaintiff status. Pomerantz Announces First Solar Class Action

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Truist Financial reiterated a “hold” rating and set a $229.00 price target (down from $249.00) on shares of First Solar in a research report on Friday, July 31st. Weiss Ratings upgraded First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft raised First Solar from a “hold” rating to a “buy” rating and upped their target price for the stock from $245.00 to $272.00 in a research note on Monday, July 6th. TD Cowen reiterated a “buy” rating on shares of First Solar in a research report on Monday, July 20th. Finally, Sanford C. Bernstein reduced their price objective on shares of First Solar from $217.00 to $197.00 and set an “underperform” rating for the company in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $264.44.

First Solar Trading Down 3.8%

Shares of FSLR opened at $214.06 on Friday. The firm has a 50-day moving average price of $229.93 and a 200 day moving average price of $224.33. First Solar, Inc. has a 12-month low of $182.99 and a 12-month high of $320.95. The firm has a market capitalization of $23.00 billion, a P/E ratio of 13.20, a P/E/G ratio of 0.49 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the firm earned $3.18 EPS. Equities research analysts predict that First Solar, Inc. will post 17.72 earnings per share for the current fiscal year.

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.