Clear Harbor Asset Management LLC Makes New $2.03 Million Investment in First Solar, Inc. $FSLR

Clear Harbor Asset Management LLC bought a new stake in shares of First Solar, Inc. (NASDAQ:FSLRFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,616 shares of the solar cell manufacturer’s stock, valued at approximately $2,033,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Root Financial Partners LLC boosted 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 acquiring an additional 45 shares in the last quarter. Fiduciary Financial Group LLC raised its stake in shares of First Solar by 2.3% in the 2nd quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock valued at $478,000 after acquiring an additional 45 shares in the last quarter. FIL Ltd raised its stake in shares of First Solar by 6.9% in the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after acquiring an additional 46 shares in the last quarter. Fielder Capital Group LLC lifted its holdings in 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 purchasing an additional 47 shares during the last quarter. Finally, Burford Brothers Inc. lifted its holdings in 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 purchasing an additional 48 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Buying and Selling at First Solar

In other First Solar news, General Counsel Jason E. Dymbort sold 3,700 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total value of $922,706.00. Following the sale, the general counsel directly owned 5,624 shares in the company, valued at $1,402,513.12. This trade represents a 39.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the transaction, the insider owned 23,792 shares in the company, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their position. The SEC filing for this sale provides additional information. 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 in the last three months. 0.39% of the stock is owned by insiders.

First Solar Stock Up 0.1%

FSLR opened at $214.28 on Friday. The stock’s 50 day moving average price is $228.86 and its two-hundred day moving average price is $224.26. The firm has a market capitalization of $23.02 billion, a P/E ratio of 13.21, a price-to-earnings-growth ratio of 0.47 and a beta of 1.75. First Solar, Inc. has a 12-month low of $182.99 and a 12-month high of $320.95.

First Solar (NASDAQ:FSLRGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company earned $3.18 earnings per share. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, analysts anticipate that First Solar, Inc. will post 17.72 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on FSLR shares. Oppenheimer reaffirmed a “market perform” rating on shares of First Solar in a research report on Friday, July 31st. Guggenheim boosted their price objective on shares of First Solar from $279.00 to $282.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. HSBC upgraded shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. Citigroup raised their target price on shares of First Solar from $294.00 to $297.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Finally, Morgan Stanley lifted their target price on shares of First Solar from $245.00 to $323.00 and gave the stock an “overweight” rating in a report on Tuesday. One research 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $264.44.

Read Our Latest Research Report on First Solar

Key First Solar News

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

  • Positive Sentiment: First Solar could benefit competitively as a wave of bankruptcies pressures weaker solar-sector companies, potentially improving its relative market position and customer opportunities. First Solar stands to gain as bankruptcy wave hits solar sector
  • Neutral Sentiment: The securities class action covers investors who purchased First Solar shares between February 26, 2025, and February 24, 2026. Investors have been urged to seek lead-plaintiff status by August 24. The deadline notices from Kaplan Fox, Pomerantz, Faruqi & Faruqi, Rosen, SBS, DJS and other firms largely repeat the same information and do not represent a new operating announcement by First Solar. Kaplan Fox class action deadline notice
  • Negative Sentiment: The lawsuit alleges that First Solar and certain officers violated federal securities laws by making misleading statements or omissions. Reported areas of investor concern include underutilization in Series 6 module production and costly challenges associated with expanding domestic manufacturing operations in South Carolina. If the case advances, it could create legal costs, potential damages and reputational risk for First Solar. SueWallSt First Solar class action allegations

First Solar Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for First Solar (NASDAQ:FSLR)

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