Danske Bank A S Sells 23,935 Shares of First Solar, Inc. $FSLR

Danske Bank A S trimmed its holdings in shares of First Solar, Inc. (NASDAQ:FSLR) by 14.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 147,641 shares of the solar cell manufacturer’s stock after selling 23,935 shares during the quarter. Danske Bank A S’s holdings in First Solar were worth $38,568,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FSLR. Vanguard Group Inc. boosted its stake in shares of First Solar by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after acquiring an additional 464,130 shares in the last quarter. Viking Global Investors LP raised its stake in shares of First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares in the last quarter. Amundi lifted its holdings in First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock worth $459,917,000 after purchasing an additional 564,032 shares during the last quarter. Northern Trust Corp lifted its holdings in First Solar by 2.6% in the 3rd quarter. Northern Trust Corp now owns 1,349,531 shares of the solar cell manufacturer’s stock worth $297,612,000 after purchasing an additional 34,313 shares during the last quarter. Finally, Clean Energy Transition LLP boosted its position in First Solar by 48.2% during the third quarter. Clean Energy Transition LLP now owns 1,117,228 shares of the solar cell manufacturer’s stock worth $246,382,000 after purchasing an additional 363,274 shares during the period. 92.08% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. UBS Group lowered their price target on First Solar from $330.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Robert W. Baird reaffirmed a “neutral” rating and set a $205.00 price objective (down from $264.00) on shares of First Solar in a report on Wednesday, February 25th. Citigroup lowered their target price on shares of First Solar from $300.00 to $243.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group dropped their target price on shares of First Solar from $205.00 to $187.00 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Finally, Wells Fargo & Company cut their target price on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $245.10.

First Solar Stock Up 4.9%

FSLR opened at $211.71 on Friday. The business has a 50 day moving average of $198.46 and a 200-day moving average of $231.76. The stock has a market capitalization of $22.75 billion, a price-to-earnings ratio of 14.90, a P/E/G ratio of 0.46 and a beta of 1.57. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 1-year low of $122.47 and a 1-year high of $285.99.

First Solar (NASDAQ:FSLR) last announced its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. First Solar had a net margin of 30.73% and a return on equity of 18.44%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the previous year, the firm posted $1.95 earnings per share. First Solar’s revenue was up 23.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that First Solar, Inc. will post 17.41 earnings per share for the current year.

Insider Activity at First Solar

In other news, CEO Mark R. Widmar sold 7,738 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total transaction of $1,516,106.34. Following the completion of the transaction, the chief executive officer owned 91,787 shares of the company’s stock, valued at approximately $17,983,826.91. This represents a 7.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Markus Gloeckler sold 3,640 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $196.95, for a total transaction of $716,898.00. Following the completion of the sale, the chief technology officer owned 8,037 shares of the company’s stock, valued at approximately $1,582,887.15. The trade was a 31.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 76,562 shares of company stock worth $15,042,232. Insiders own 0.39% of the company’s stock.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Q1 earnings and margins beat expectations: First Solar reported $3.22 GAAP EPS vs. consensus ~$2.87 and record quarterly revenue (~$1.04B), with notable margin expansion that improves near‑term earnings visibility. Company Press Release
• Positive Sentiment: Guidance reaffirmed: Management reconfirmed FY2026 net sales ($4.9B–$5.2B) and adjusted EBITDA ($2.6B–$2.8B), removing some uncertainty around full‑year expectations and supporting valuation models. Quiver Quant Article
• Positive Sentiment: Strong bookings and demand mix: Management highlighted gross bookings (1.9 GW) and growth in key markets (India and U.S. utility scale), signaling continued sales momentum. Earnings Transcript (The Motley Fool)
• Positive Sentiment: Secular demand thesis reinforced by management: CEO Mark Widmar discussed rising power demand (including AI data centers) and U.S. manufacturing scale on TV, underscoring long‑term growth drivers. CEO Interview (YouTube)
• Neutral Sentiment: Guidance nuance — midpoint slightly below some sell‑side estimates: while guidance was reaffirmed, the midpoint was reported modestly under some analyst models, which could temper upside expectations. Yahoo Finance Recap
• Neutral Sentiment: Analyst and institutional positioning mixed: median price target sits well above current levels but firms have recently trimmed or raised targets unevenly; institutional flows show major rebalances. These mixed signals can limit conviction. Quiver Quant — analyst & institutional data
• Negative Sentiment: Heavy insider selling: recent disclosures show numerous insider sales (no purchases) over the past six months, which some investors view as a governance or timing concern. Quiver Quant — insider trading
• Negative Sentiment: Ongoing trade/tariff and policy risk: multiple reports note management is navigating tariff and regulatory uncertainty; this remains a tail risk that could widen volatility despite the beat. MSN — Tariffs Article

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.