Daiichi Life Insurance Co. Ltd. purchased a new stake in shares of First Solar, Inc. (NASDAQ:FSLR – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,122 shares of the solar cell manufacturer’s stock, valued at approximately $1,916,000.
Other institutional investors have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Solar in the fourth quarter valued at $26,000. Reflection Asset Management acquired a new position in First Solar during the 4th quarter worth about $26,000. Strategic Wealth Investment Group LLC acquired a new position in First Solar during the 2nd quarter worth about $26,000. Larson Financial Group LLC grew its holdings 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. Finally, Elyxium Wealth LLC bought a new stake in First Solar during the 4th quarter worth about $30,000. Institutional investors own 92.08% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have weighed in on the stock. Jefferies Financial Group set a $196.00 price objective on shares of First Solar in a research report on Monday, August 3rd. HSBC raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. UBS Group raised their price target on shares of First Solar from $290.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, June 11th. The Goldman Sachs Group boosted their price objective on shares of First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Finally, Susquehanna upped their price objective on First Solar from $250.00 to $270.00 and gave the stock a “positive” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, First Solar presently has an average rating of “Moderate Buy” and a consensus price target of $264.44.
Insider Activity
In related news, insider Caroline Stockdale sold 10,628 shares of First Solar stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the completion of the sale, the insider directly owned 23,792 shares of the company’s stock, valued at $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 829 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $248.00, for a total value of $205,592.00. Following the completion of the sale, the chief technology officer owned 6,642 shares of the company’s stock, valued at $1,647,216. This represents a 11.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 25,709 shares of company stock worth $6,386,163. Corporate insiders own 0.39% of the company’s stock.
First Solar News Roundup
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: First Solar could benefit competitively as a wave of bankruptcies pressures weaker solar-sector companies, potentially improving its relative market position and customer opportunities. First Solar stands to gain as bankruptcy wave hits solar sector
- Neutral Sentiment: The securities class action covers investors who purchased First Solar shares between February 26, 2025, and February 24, 2026. Investors have been urged to seek lead-plaintiff status by August 24. The deadline notices from Kaplan Fox, Pomerantz, Faruqi & Faruqi, Rosen, SBS, DJS and other firms largely repeat the same information and do not represent a new operating announcement by First Solar. Kaplan Fox class action deadline notice
- Negative Sentiment: The lawsuit alleges that First Solar and certain officers violated federal securities laws by making misleading statements or omissions. Reported areas of investor concern include underutilization in Series 6 module production and costly challenges associated with expanding domestic manufacturing operations in South Carolina. If the case advances, it could create legal costs, potential damages and reputational risk for First Solar. SueWallSt First Solar class action allegations
First Solar Stock Performance
First Solar stock opened at $214.28 on Monday. First Solar, Inc. has a 1 year low of $182.99 and a 1 year high of $320.95. The company has a market cap of $23.02 billion, a PE ratio of 13.21, a PEG ratio of 0.47 and a beta of 1.76. The company’s 50-day moving average is $228.86 and its two-hundred day moving average is $224.21.
First Solar (NASDAQ:FSLR – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 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 company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the company earned $3.18 EPS. First Solar’s revenue was down 3.4% on a year-over-year basis. Research analysts forecast that First Solar, Inc. will post 17.72 EPS 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.
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