Figure 8 Investment Strategies LLC Takes $1.91 Million Position in First Solar, Inc. $FSLR

Figure 8 Investment Strategies LLC purchased a new position in shares of First Solar, Inc. (NASDAQ:FSLR) in the second quarter, Holdings Channel.com reports. The fund purchased 8,088 shares of the solar cell manufacturer’s stock, valued at approximately $1,908,000. First Solar makes up approximately 1.6% of Figure 8 Investment Strategies LLC’s portfolio, making the stock its 23rd largest position.

Several other institutional investors and hedge funds have also modified their holdings of FSLR. Woodline Partners LP boosted its stake in First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after buying an additional 2,615 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in First Solar by 50.9% in the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after acquiring an additional 174 shares during the last quarter. Brown Advisory Inc. raised its stake in First Solar by 84.3% during the second quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock worth $750,000 after acquiring an additional 2,072 shares in the last quarter. Cerity Partners LLC bought a new position in shares of First Solar in the second quarter worth about $494,000. Finally, AXA S.A. lifted its holdings in shares of First Solar by 6.3% in the second quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock worth $3,122,000 after acquiring an additional 1,115 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors.

First Solar Stock Performance

Shares of NASDAQ FSLR opened at $220.01 on Wednesday. First Solar, Inc. has a 52-week low of $182.99 and a 52-week high of $320.95. The firm has a 50 day moving average price of $231.60 and a two-hundred day moving average price of $224.42. The stock has a market cap of $23.64 billion, a P/E ratio of 13.56, a price-to-earnings-growth ratio of 0.49 and a beta of 1.76.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm earned $3.18 earnings per share. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. Analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current fiscal year.

Insider Buying and Selling at First Solar

In other news, insider Caroline Stockdale sold 10,628 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total value of $2,929,076.80. Following the completion of the sale, the insider owned 23,792 shares of the company’s stock, valued at approximately $6,557,075.20. This represents a 30.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the completion of the sale, the insider directly owned 7,642 shares of the company’s stock, valued at approximately $1,692,779.42. The trade was a 47.81% 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 sold 31,106 shares of company stock worth $7,723,039 over the last 90 days. Company insiders own 0.39% of the company’s stock.

First Solar News Summary

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

• Positive Sentiment: First Solar was highlighted among the stronger second-quarter renewable-energy performers. The company’s latest results included adjusted EPS of $3.92, well above the $2.90 consensus estimate, while its contracted backlog remains substantial. Q2 Earnings Outperformers: First Solar and the Rest of the Renewable Energy Stocks
• Positive Sentiment: Zacks identified FSLR as a strong momentum stock, which may support investor interest following its earnings outperformance and relatively attractive valuation metrics. Why First Solar Is a Strong Momentum Stock
• Neutral Sentiment: Analyst and industry coverage continues to focus on strong solar demand, but changing U.S. policies, tariffs and import rules could affect pricing, customer decisions and First Solar’s 2026 earnings outlook. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Neutral Sentiment: Institutional positioning was mixed: several large investors added FSLR shares in the second quarter, while others reduced holdings. Separately, unusually heavy put-option activity suggests increased hedging or bearish speculation, but does not establish the market’s future direction.
• Negative Sentiment: First Solar faces a securities class-action lawsuit filed in federal court. The complaint alleges that the company and certain executives made misleading statements regarding tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. Multiple law firms are publicizing an August 24 lead-plaintiff deadline. The allegations have not been proven, but the litigation adds reputational, financial and sentiment risk. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold a small number of shares to cover tax withholding obligations related to vested equity awards. Because the sale was designated for taxes and represented only 127 shares, it is unlikely to be a major fundamental signal.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on FSLR shares. Citigroup lifted 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. Zacks Research raised shares of First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Roth Capital restated a “buy” rating and issued a $300.00 target price on shares of First Solar in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft upgraded shares of First Solar from a “hold” rating to a “buy” rating and raised their target price for the company from $245.00 to $272.00 in a research report on Monday, July 6th. Finally, Truist Financial reiterated a “hold” rating and set a $229.00 price target (down from $249.00) on shares of First Solar in a report on Friday, July 31st. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $264.44.

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.