Cibc World Market Inc. Acquires Shares of 15,231 First Solar, Inc. $FSLR

Cibc World Market Inc. bought a new position in shares of First Solar, Inc. (NASDAQ:FSLR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,231 shares of the solar cell manufacturer’s stock, valued at approximately $3,594,000.

Several other institutional investors have also recently made changes to their positions in the company. Reflection Asset Management bought a new stake in shares of First Solar during the fourth quarter valued at approximately $26,000. Commonwealth Retirement Investments LLC purchased a new stake in First Solar in the fourth quarter worth $26,000. Larson Financial Group LLC raised its holdings in First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after purchasing an additional 55 shares in the last quarter. Elyxium Wealth LLC bought a new position in First Solar in the fourth quarter worth $30,000. Finally, MV Capital Management Inc. bought a new position in First Solar in the fourth quarter worth $30,000. Institutional investors own 92.08% of the company’s stock.

First Solar News Roundup

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

• Positive Sentiment: Argus reaffirmed its Buy rating and set a $275 price target, implying substantial upside from recent trading levels and signaling confidence in First Solar’s valuation and outlook. Benzinga rating report
• Positive Sentiment: Potential U.S. government support could benefit First Solar. New Section 232 tariffs on polysilicon imports may encourage additional domestic-solar investment, including the possibility of government-backed equity arrangements modeled on the Intel deal. However, no such investment in First Solar has been confirmed. Trump solar tariffs article
• Positive Sentiment: Value-focused coverage remains supportive. Zacks identified FSLR as a highly ranked value stock, potentially attracting investors seeking comparatively inexpensive solar exposure. Zacks value-stock article
• Neutral Sentiment: Jim Cramer discussed First Solar alongside several other stocks, but the report provided no specific new recommendation or fundamental update for FSLR. Jim Cramer stock discussion
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, making the figures unreliable or non-informative for trading analysis.
• Negative Sentiment: New FCC restrictions on foreign inverters are favoring SolarEdge more directly, while First Solar and Enphase drifted lower. The policy divergence suggests investors do not view FSLR as a primary beneficiary of the inverter-related rule change. SolarEdge and inverter import curbs article
• Negative Sentiment: Two law firms announced investigations or investor solicitations involving First Solar. These notices can weigh on sentiment by raising concerns about potential shareholder litigation, although they do not establish wrongdoing or financial liability. First Solar investor alert

First Solar Trading Down 0.4%

Shares of NASDAQ:FSLR opened at $205.93 on Thursday. The stock has a fifty day simple moving average of $225.43 and a two-hundred day simple moving average of $223.58. First Solar, Inc. has a 12-month low of $182.99 and a 12-month high of $320.95. The stock has a market capitalization of $22.13 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 0.45 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last released its 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. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.18 earnings per share. As a group, equities research analysts predict that First Solar, Inc. will post 17.77 EPS for the current year.

Insider Activity

In other news, CTO Markus Gloeckler sold 829 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $248.00, for a total value of $205,592.00. Following the transaction, the chief technology officer owned 6,642 shares in the company, valued at approximately $1,647,216. This represents a 11.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $222.95, for a total transaction of $28,314.65. Following the sale, the executive vice president owned 2,018 shares in the company, valued at approximately $449,913.10. The trade was a 5.92% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 15,081 shares of company stock valued at $3,457,086. Company insiders own 0.39% of the company’s stock.

Wall Street Analyst Weigh In

FSLR has been the topic of a number of research reports. Sanford C. Bernstein dropped their target price on shares of First Solar from $217.00 to $197.00 and set an “underperform” rating on the stock in a report on Friday, July 31st. Barclays increased their price target on shares of First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Guggenheim lifted their price target on shares of First Solar from $279.00 to $282.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Roth Capital reissued a “buy” rating and set a $300.00 price objective on shares of First Solar in a research note on Friday, July 24th. Finally, Freedom Capital raised shares of First Solar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. One research 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $265.37.

First Solar Company 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.