First Solar, Inc. $FSLR Shares Acquired by Jennison Associates LLC

Jennison Associates LLC boosted its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,392 shares of the solar cell manufacturer’s stock after buying an additional 3,016 shares during the period. Jennison Associates LLC owned 0.05% of First Solar worth $15,254,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FSLR. Woodline Partners LP increased its position in First Solar by 40.7% during the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after buying an additional 2,615 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of First Solar by 50.9% in the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after purchasing an additional 174 shares during the period. Brown Advisory Inc. increased its holdings in shares of First Solar by 84.3% in the second quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock valued at $750,000 after purchasing an additional 2,072 shares during the period. Cerity Partners LLC acquired a new position in shares of First Solar in the second quarter valued at approximately $494,000. Finally, AXA S.A. boosted its stake in shares of First Solar by 6.3% in the second quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after buying an additional 1,115 shares in the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Analyst Upgrades and Downgrades

FSLR has been the topic of a number of research analyst reports. Royal Bank Of Canada decreased their target price on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Mizuho reduced their price objective on First Solar from $271.00 to $243.00 and set an “outperform” rating on the stock in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft downgraded First Solar from a “buy” rating to a “hold” rating and reduced their target price for the stock from $300.00 to $245.00 in a research report on Wednesday, February 25th. Bank of America reduced their target price on First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company dropped their price target on First Solar from $285.00 to $255.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.47.

Insider Activity at First Solar

In other First Solar news, General Counsel Jason E. Dymbort sold 9,022 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $199.62, for a total transaction of $1,800,971.64. Following the transaction, the general counsel owned 9,850 shares of the company’s stock, valued at $1,966,257. This trade represents a 47.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mark R. Widmar sold 7,738 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total value of $1,516,106.34. Following the transaction, the chief executive officer directly owned 91,787 shares in the company, valued at approximately $17,983,826.91. This represents a 7.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 76,562 shares of company stock worth $15,042,232 over the last quarter. 0.39% of the stock is owned by corporate insiders.

First Solar Trading Up 4.9%

NASDAQ:FSLR opened at $211.71 on Friday. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average is $198.46 and its two-hundred day moving average is $231.80. First Solar, Inc. has a 52 week low of $122.47 and a 52 week high of $285.99. The company has a market cap of $22.75 billion, a PE ratio of 13.68, a P/E/G ratio of 0.48 and a beta of 1.57.

First Solar (NASDAQ:FSLR) last released its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.44% and a net margin of 30.73%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter last year, the business posted $1.95 EPS. First Solar’s quarterly revenue was up 23.6% compared to the same quarter last year. On average, analysts predict that First Solar, Inc. will post 17.33 EPS for the current year.

Trending Headlines about 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.