National Pension Service Acquires 169,242 Shares of First Solar, Inc. $FSLR

National Pension Service boosted its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 408.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,661 shares of the solar cell manufacturer’s stock after acquiring an additional 169,242 shares during the period. National Pension Service’s holdings in First Solar were worth $55,031,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aventura Private Wealth LLC acquired a new position in First Solar during the 4th quarter worth $25,000. Strategic Wealth Investment Group LLC acquired a new position in First Solar during the 2nd quarter worth $26,000. Larson Financial Group LLC lifted its position in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the last quarter. Elyxium Wealth LLC acquired a new position in First Solar during the 4th quarter worth $30,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in First Solar during the 3rd quarter worth $44,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Evercore boosted their target price on shares of First Solar from $212.00 to $219.00 in a research report on Monday, May 4th. Wall Street Zen lowered shares of First Solar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Wolfe Research lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Robert W. Baird reissued a “neutral” rating and set a $205.00 target price (down from $264.00) on shares of First Solar in a research report on Wednesday, February 25th. Finally, Morgan Stanley cut their target price on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $247.40.

Trending Headlines about First Solar

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

• Positive Sentiment: GLJ Research upgraded First Solar to Buy from Hold and raised its price target, giving traders a fresh catalyst and helping fuel the latest jump in shares. First Solar (FSLR) Shares Skyrocket, What You Need To Know
• Positive Sentiment: Investor interest is being boosted by expectations for potential U.S. trade-policy developments, including a possible Section 232 backdrop that could support domestically produced solar modules and improve pricing power for First Solar. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum
• Positive Sentiment: The stock is also benefiting from post-earnings momentum, a breakout to fresh highs, and broader enthusiasm for solar names tied to rising AI data-center electricity demand. Solar Stocks To Watch As AI Drives Energy Demand
• Neutral Sentiment: Multiple recent articles note that First Solar is breaking out and attracting momentum traders, which can amplify moves as investors chase strength. Stock Market Today: Indexes Rise On U.S.-Iran Deal Hopes; Snowflake Surges, First Solar Breaks Out (Live Coverage)
• Neutral Sentiment: Analyst coverage remains supportive overall, with a recent consensus rating of “Moderate Buy,” reinforcing a constructive longer-term view. First Solar, Inc. Receives Consensus Rating of “Moderate Buy” from Analysts
• Negative Sentiment: Despite the rally, insider activity has shown heavy selling over the past six months, which may temper enthusiasm for some investors. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum

Insider Buying and Selling at First Solar

In related news, General Counsel Jason E. Dymbort sold 9,022 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $199.62, for a total value of $1,800,971.64. Following the sale, the general counsel owned 9,850 shares of the company’s stock, valued at $1,966,257. The trade was a 47.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kuntal Kumar Verma sold 3,426 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 $671,256.18. Following the completion of the sale, the insider directly owned 8,334 shares in the company, valued at approximately $1,632,880.62. The trade was a 29.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 97,827 shares of company stock valued at $20,006,930 in the last three months. Company insiders own 0.39% of the company’s stock.

First Solar Stock Up 1.1%

Shares of FSLR opened at $306.79 on Friday. The company has a 50-day simple moving average of $213.45 and a 200-day simple moving average of $231.67. The firm has a market capitalization of $32.97 billion, a P/E ratio of 19.82, a P/E/G ratio of 0.68 and a beta of 1.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. First Solar, Inc. has a 52 week low of $135.50 and a 52 week high of $313.75.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.95 earnings per share. On average, equities research analysts expect that First Solar, Inc. will post 17.64 earnings per share for the current year.

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.