Capital Research Global Investors Sells 270,803 Shares of First Solar, Inc. $FSLR

Capital Research Global Investors lessened its stake in shares of First Solar, Inc. (NASDAQ:FSLR) by 26.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 755,532 shares of the solar cell manufacturer’s stock after selling 270,803 shares during the quarter. Capital Research Global Investors’ holdings in First Solar were worth $166,617,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the 2nd quarter valued at $26,000. Total Investment Management Inc. purchased a new stake in First Solar during the 2nd quarter valued at $36,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in First Solar in the 3rd quarter worth $44,000. CYBER HORNET ETFs LLC bought a new stake in First Solar in the 2nd quarter worth $47,000. Finally, NBT Bank N A NY increased its position in shares of First Solar by 550.0% in the third quarter. NBT Bank N A NY now owns 221 shares of the solar cell manufacturer’s stock valued at $49,000 after acquiring an additional 187 shares during the period. Institutional investors own 92.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on FSLR. Barclays lowered their price target on First Solar from $279.00 to $228.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Needham & Company LLC lifted their price objective on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft cut First Solar from a “buy” rating to a “hold” rating and reduced their target price for the company from $300.00 to $245.00 in a research note on Wednesday, February 25th. Morgan Stanley dropped their price target on First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of First Solar in a report on Monday, December 29th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $249.65.

First Solar Stock Performance

First Solar stock opened at $200.25 on Thursday. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The stock’s 50 day simple moving average is $230.08 and its two-hundred day simple moving average is $236.15. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. The stock has a market cap of $21.49 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.32 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last announced its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the company posted $3.65 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. As a group, analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, General Counsel Jason E. Dymbort sold 3,273 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 value of $641,278.89. Following the sale, the general counsel directly owned 16,625 shares of the company’s stock, valued at $3,257,336.25. This represents a 16.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Alexander R. Bradley sold 3,194 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $625,800.42. Following the completion of the transaction, the chief financial officer owned 40,794 shares of the company’s stock, valued at approximately $7,992,768.42. The trade was a 7.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 47,761 shares of company stock valued at $9,276,424 in the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Key Stories Impacting First Solar

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating (while trimming its price target), signaling confidence in demand and the company’s growth trajectory — this helps underpin buying interest. Read More.
• Positive Sentiment: Broader analyst/backing and coverage (several buys and outperform ratings from firms such as Guggenheim and Goldman cited in recent notes) reinforce a longer‑term bullish view even as some targets were trimmed — supports conviction among growth/value investors. Read More.
• Neutral Sentiment: Market context: Zacks notes FSLR rose while the broader market dipped — a near‑term technical/flow event rather than fundamental news. Traders may have rotated into defensible renewable names on the pullback. Read More.
• Neutral Sentiment: Relative performance note: commentary that FSLR has lagged some energy peers in 2026 is more market narrative than company news, but can weigh on sentiment/flows if investors favor cyclical energy winners. Read More.
• Negative Sentiment: Significant insider selling on March 9–10: multiple senior executives — including CEO Mark Widmar (5,537 shares, ~\$1.05M) and other C‑suite members — sold stock. The breadth of sales can be perceived as reduced insider exposure or opportunistic monetization and is a short‑term negative for investor sentiment. Read More.
• Negative Sentiment: Pomerantz issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny increases uncertainty and is typically viewed as a near‑term headwind for the stock. Read More.

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.