Quadrant Private Wealth Management LLC Acquires 6,625 Shares of First Solar, Inc. $FSLR

Quadrant Private Wealth Management LLC increased its stake in First Solar, Inc. (NASDAQ:FSLR) by 39.0% in the 1st quarter, HoldingsChannel reports. The fund owned 23,606 shares of the solar cell manufacturer’s stock after acquiring an additional 6,625 shares during the period. Quadrant Private Wealth Management LLC’s holdings in First Solar were worth $4,657,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Watershed Asset Management L.L.C. purchased a new position in shares of First Solar in the 1st quarter worth approximately $450,000. Assetmark Inc. raised its holdings in First Solar by 3,457.5% during the 1st quarter. Assetmark Inc. now owns 21,238 shares of the solar cell manufacturer’s stock valued at $4,189,000 after buying an additional 20,641 shares during the period. Gallacher Capital Management LLC bought a new stake in First Solar in the first quarter worth $210,000. Financiere des Professionnels Fonds d investissement inc. bought a new stake in First Solar in the first quarter worth $194,000. Finally, SteelPeak Wealth LLC boosted its stake in First Solar by 10.6% during the first quarter. SteelPeak Wealth LLC now owns 12,248 shares of the solar cell manufacturer’s stock worth $2,416,000 after buying an additional 1,169 shares during the period. 92.08% of the stock is owned by institutional investors.

First Solar Stock Performance

Shares of First Solar stock opened at $211.99 on Friday. The stock’s fifty day moving average is $251.23 and its two-hundred day moving average is $229.02. The company has a market capitalization of $22.78 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.47 and a beta of 1.73. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. First Solar, Inc. has a 52 week low of $171.86 and a 52 week high of $320.95.

First Solar (NASDAQ:FSLR) last released its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm posted $1.95 earnings per share. The business’s revenue was up 23.6% compared to the same quarter last year. As a group, analysts expect that First Solar, Inc. will post 17.54 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on FSLR shares. Truist Financial started coverage on shares of First Solar in a research report on Monday. They set a “hold” rating and a $249.00 price objective on the stock. Argus raised their target price on shares of First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Guggenheim lifted their price target on shares of First Solar from $269.00 to $279.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Citigroup cut their price target on shares of First Solar from $300.00 to $243.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. Finally, Zacks Research raised shares of First Solar from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $256.41.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Some recent commentary remains constructive, with articles highlighting First Solar’s attractive valuation and brokerage ratings that still lean to a “Moderate Buy,” suggesting the stock may still have longer-term support from analysts and fundamental investors.
• Neutral Sentiment: First Solar announced it will report second-quarter 2026 results on July 30, which gives traders a clear near-term event to watch for guidance, margins, and commentary on tariffs, production utilization, and demand.
• Neutral Sentiment: Several market articles noted the stock had recently been trading around fair-value estimates and reacting to broader solar demand and tariff expectations, indicating mixed sentiment ahead of earnings.
• Negative Sentiment: Multiple law firms announced or reiterated class-action lawsuits and lead-plaintiff deadlines against First Solar over alleged misleading disclosures tied to tariff-related production decisions and facility underutilization, creating a legal overhang that can weigh on the shares. Article title
• Negative Sentiment: Trading commentary also pointed to recent weakness as investors weighed the lawsuit risk, insider selling, and caution ahead of the July 30 earnings release, which can amplify profit-taking in a volatile name like FSLR.

Insider Transactions at First Solar

In other First Solar news, CEO Mark R. Widmar sold 9,926 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $233.21, for a total value of $2,314,842.46. Following the completion of the sale, the chief executive officer directly owned 95,148 shares of the company’s stock, valued at $22,189,465.08. The trade was a 9.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kuntal Kumar Verma sold 582 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $250.00, for a total transaction of $145,500.00. Following the completion of the sale, the insider directly owned 4,967 shares of the company’s stock, valued at approximately $1,241,750. This trade represents a 10.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 31,893 shares of company stock valued at $7,893,775. Company insiders own 0.39% of the company’s stock.

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.