Wealthcare Advisory Partners LLC Invests $783,000 in First Solar, Inc. $FSLR

Wealthcare Advisory Partners LLC acquired a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,320 shares of the solar cell manufacturer’s stock, valued at approximately $783,000.

A number of other institutional investors have also recently made changes to their positions in the business. Pictet Asset Management Holding SA increased its holdings in shares of First Solar by 29.3% during the first quarter. Pictet Asset Management Holding SA now owns 1,138,473 shares of the solar cell manufacturer’s stock valued at $224,540,000 after acquiring an additional 258,204 shares in the last quarter. Atlatl Advisers LLC acquired a new stake in First Solar in the 4th quarter worth approximately $1,697,000. Northwestern Mutual Wealth Management Co. boosted its stake in First Solar by 1,054.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 52,219 shares of the solar cell manufacturer’s stock worth $13,641,000 after purchasing an additional 47,695 shares in the last quarter. Genus Capital Management Inc. purchased a new stake in First Solar during the 4th quarter worth approximately $4,525,000. Finally, TABR Capital Management LLC purchased a new stake in First Solar during the 4th quarter worth approximately $5,626,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar Trading Up 0.8%

First Solar stock opened at $225.56 on Friday. First Solar, Inc. has a 12 month low of $179.06 and a 12 month high of $320.95. The stock’s 50 day simple moving average is $233.60 and its two-hundred day simple moving average is $224.87. The firm has a market cap of $24.24 billion, a PE ratio of 13.91, a P/E/G ratio of 0.49 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business’s revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the company earned $3.18 EPS. On average, equities research analysts forecast that First Solar, Inc. will post 17.75 EPS for the current year.

Insider Activity

In related news, insider Michael Koralewski sold 7,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total transaction of $1,550,570.00. Following the sale, the insider owned 7,642 shares in the company, valued at approximately $1,692,779.42. This trade represents a 47.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the sale, the insider owned 23,792 shares in the company, valued at approximately $6,557,075.20. This represents a 30.88% decrease in their position. 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. Insiders sold a total of 30,979 shares of company stock valued at $7,694,724 in the last three months. Corporate insiders own 0.39% of the company’s stock.

More 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

Wall Street Analyst Weigh In

FSLR has been the topic of a number of recent analyst reports. Guggenheim upped their price target on shares of First Solar from $279.00 to $282.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Argus lifted their price objective on shares of First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Robert W. Baird set a $318.00 price objective on shares of First Solar and gave the company an “outperform” rating in a report on Tuesday. Freedom Capital raised shares of First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings raised First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $261.79.

First Solar Company 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.