M. Kulyk & Associates LLC Makes New Investment in First Solar, Inc. $FSLR

M. Kulyk & Associates LLC purchased a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,783 shares of the solar cell manufacturer’s stock, valued at approximately $3,016,000.

Several other large investors have also recently made changes to their positions in FSLR. Pictet Asset Management Holding SA grew its holdings in shares of First Solar by 29.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,138,473 shares of the solar cell manufacturer’s stock valued at $224,540,000 after purchasing an additional 258,204 shares during the last quarter. Atlatl Advisers LLC bought a new stake in First Solar in the fourth quarter worth $1,697,000. Northwestern Mutual Wealth Management Co. boosted its position in First Solar by 1,054.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 52,219 shares of the solar cell manufacturer’s stock valued at $13,641,000 after buying an additional 47,695 shares during the period. Genus Capital Management Inc. purchased a new stake in First Solar during the fourth quarter valued at about $4,525,000. Finally, TABR Capital Management LLC bought a new position in shares of First Solar during the fourth quarter valued at about $5,626,000. 92.08% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at First Solar

In other news, CTO Markus Gloeckler sold 3,425 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $218.95, for a total value of $749,903.75. Following the transaction, the chief technology officer owned 7,471 shares of the company’s stock, valued at $1,635,775.45. This trade represents a 31.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 transaction, the insider directly owned 7,642 shares in the company, valued at approximately $1,692,779.42. The trade was a 47.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 31,106 shares of company stock valued at $7,723,039 in the last ninety days. Corporate insiders own 0.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded First Solar from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $245.00 to $272.00 in a report on Monday, July 6th. UBS Group upped their price objective on shares of First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Morgan Stanley raised their target price on First Solar from $245.00 to $323.00 and gave the company an “overweight” rating in a research note on Tuesday. Mizuho set a $324.00 price objective on shares of First Solar in a research note on Thursday, August 13th. Finally, Jefferies Financial Group set a $196.00 target price on First Solar in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, First Solar currently has an average rating of “Moderate Buy” and an average price target of $264.44.

First Solar News Roundup

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.

First Solar Trading Up 1.0%

Shares of FSLR stock opened at $220.01 on Wednesday. First Solar, Inc. has a 12 month low of $182.99 and a 12 month high of $320.95. The stock has a market cap of $23.64 billion, a P/E ratio of 13.56, a P/E/G ratio of 0.49 and a beta of 1.76. The company has a 50 day simple moving average of $231.60 and a two-hundred day simple moving average of $224.42.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The firm 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 company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.18 EPS. As a group, equities analysts forecast that First Solar, Inc. will post 17.75 earnings per share for the current year.

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.