Panoramic Capital LLC Acquires New Position in First Solar, Inc. $FSLR

Panoramic Capital LLC acquired a new position in shares of First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 32,500 shares of the solar cell manufacturer’s stock, valued at approximately $7,669,000. First Solar comprises 3.3% of Panoramic Capital LLC’s investment portfolio, making the stock its 12th largest holding.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in First Solar during the second quarter worth about $3,310,298,000. Hill City Capital LP purchased a new stake in shares of First Solar in the 2nd quarter valued at approximately $620,133,555,000. Norges Bank acquired a new position in shares of First Solar in the 4th quarter worth approximately $392,040,000. Deutsche Bank AG acquired a new position in shares of First Solar in the 2nd quarter worth approximately $212,626,000. Finally, Viking Global Investors LP lifted its holdings in shares of First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after acquiring an additional 854,919 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at First Solar

In other First Solar news, CTO Markus Gloeckler sold 829 shares of First Solar stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $248.00, for a total transaction of $205,592.00. Following the completion of the transaction, the chief technology officer owned 6,642 shares in the company, valued at approximately $1,647,216. The trade was a 11.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jason E. Dymbort sold 3,700 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total value of $922,706.00. Following the transaction, the general counsel directly owned 5,624 shares of the company’s stock, valued at $1,402,513.12. The trade was a 39.68% decrease in their position. 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 have sold a total of 15,081 shares of company stock valued at $3,457,086 in the last three months. 0.39% of the stock is owned by company insiders.

Key Headlines Impacting First Solar

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 Stock Performance

Shares of FSLR stock opened at $205.93 on Thursday. The firm has a market cap 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, Inc. has a 1 year low of $182.99 and a 1 year high of $320.95. The stock’s 50-day moving average is $225.43 and its two-hundred day moving average is $223.58.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the firm earned $3.18 EPS. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. As a group, research analysts predict that First Solar, Inc. will post 17.77 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FSLR. Citigroup lifted their price objective on First Solar from $294.00 to $297.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Argus reissued a “buy” rating and set a $275.00 target price on shares of First Solar in a research note on Wednesday. Morgan Stanley raised their target price on First Solar from $245.00 to $323.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. HSBC raised First Solar from a “hold” rating to a “buy” rating in a research report on Friday, August 7th. Finally, Oppenheimer restated a “market perform” rating on shares of First Solar in a report on Friday, July 31st. 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 company’s stock. According to MarketBeat.com, First Solar has an average rating of “Moderate Buy” and a consensus target price of $265.37.

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.