52,285 Shares in First Solar, Inc. $FSLR Bought by Farley Capital L.P.

Farley Capital L.P. acquired a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 52,285 shares of the solar cell manufacturer’s stock, valued at approximately $12,337,000. First Solar comprises about 9.7% of Farley Capital L.P.’s investment portfolio, making the stock its 4th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Reflection Asset Management acquired a new position in First Solar in the 4th quarter worth about $26,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Larson Financial Group LLC lifted its holdings in shares of First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of First Solar in the 4th quarter valued at approximately $30,000. Finally, MV Capital Management Inc. acquired a new position in First Solar in the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Insider Activity

In other news, insider Michael Koralewski sold 7,000 shares of First Solar stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $221.51, for a total value of $1,550,570.00. Following the transaction, the insider directly owned 7,642 shares in the company, valued at approximately $1,692,779.42. The trade was a 47.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 3,425 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $218.95, for a total value of $749,903.75. Following the transaction, the chief technology officer directly owned 7,471 shares of the company’s stock, valued at $1,635,775.45. This represents a 31.43% 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. Over the last 90 days, insiders have sold 30,979 shares of company stock worth $7,694,724. Insiders own 0.39% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on FSLR shares. UBS Group raised their price objective on shares of First Solar from $290.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Truist Financial restated a “hold” rating and set a $229.00 price target (down from $249.00) on shares of First Solar in a research note on Friday, July 31st. Citigroup raised their price target on shares of First Solar from $294.00 to $297.00 and gave the company a “buy” rating in a report on Monday, August 3rd. BMO Capital Markets reduced their price objective on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. Finally, Morgan Stanley upped their price objective on shares of First Solar from $230.00 to $245.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.79.

Key First Solar News

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

• Positive Sentiment: Robert W. Baird upgraded First Solar to Outperform and established a $318 price target. The firm said a Section 232 tariff decision removes a key overhang and could allow customers to resume bookings, improving the company’s outlook. First Solar Upgraded at Robert W. Baird
• Positive Sentiment: Solar power generated more electricity than wind globally for the first time last year and nearly matched nuclear generation. The milestone supports the broader growth case for solar manufacturers such as First Solar, although it does not represent a company-specific earnings update. Solar Power Hits Big Milestone, Trumping Wind For First Time
• Neutral Sentiment: First Solar’s general counsel sold 3,700 shares worth approximately $922,706 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his holdings by about 40%, but the planned nature of the sale limits its value as a signal about management’s current expectations. Jason Dymbort Sells First Solar Shares
• Negative Sentiment: Multiple law firms are publicizing a securities class action against First Solar and certain officers. The alleged class period is February 26, 2025, through February 24, 2026, and investors have until August 24, 2026, to seek lead-plaintiff status. The notices allege securities-law violations and investor losses related to disclosures concerning tariffs and company guidance; the allegations have not been proven. Pomerantz First Solar Class Action Filing

First Solar Trading Up 0.8%

Shares of First Solar stock opened at $225.56 on Friday. The firm has a fifty day simple moving average of $233.60 and a 200-day simple moving average of $224.87. First Solar, Inc. has a 1-year low of $179.06 and a 1-year high of $320.95. The stock has a market capitalization of $24.24 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 0.49 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm earned $3.18 EPS. First Solar’s quarterly revenue was down 3.4% compared to the same quarter last year. As a group, research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current year.

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.