Mirae Asset Global Investments Co. Ltd. Grows Stock Holdings in First Solar, Inc. $FSLR

Mirae Asset Global Investments Co. Ltd. lifted its holdings in First Solar, Inc. (NASDAQ:FSLR) by 51.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 116,574 shares of the solar cell manufacturer’s stock after buying an additional 39,419 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in First Solar were worth $30,453,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in FSLR. Woodline Partners LP lifted its holdings in shares of First Solar by 40.7% during the 1st quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after acquiring an additional 2,615 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in First Solar by 50.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after purchasing an additional 174 shares in the last quarter. Brown Advisory Inc. raised its position in First Solar by 84.3% in the second quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock valued at $750,000 after purchasing an additional 2,072 shares during the period. Cerity Partners LLC purchased a new position in First Solar in the second quarter valued at about $494,000. Finally, AXA S.A. lifted its stake in shares of First Solar by 6.3% during the second quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock worth $3,122,000 after purchasing an additional 1,115 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on FSLR. UBS Group decreased their target price on First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft downgraded First Solar from a “buy” rating to a “hold” rating and dropped their target price for the company from $300.00 to $245.00 in a report on Wednesday, February 25th. Morgan Stanley decreased their price target on First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. Freedom Capital downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Finally, BMO Capital Markets dropped their price objective on shares of First Solar from $263.00 to $252.00 and set a “market perform” rating on the stock in a research note on Friday, March 27th. Twenty analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.13.

Trending Headlines about First Solar

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

• Positive Sentiment: Jim Cramer called First Solar “overlooked” and “too cheap,” which can attract retail and value buyers looking for bargains. Jim Cramer on First Solar
• Positive Sentiment: Analyst and media comparisons highlight First Solar as a top way to get utility-scale solar exposure versus Enphase and SolarEdge thanks to its U.S. manufacturing and CdTe tech — a differentiation that can support longer‑term investor interest. Why First Solar Stands Out
• Neutral Sentiment: First Solar set its Q1 2026 results release for April 30 (after market close); revenue, backlog commentary and margin guidance will be the next major catalyst and could drive a bigger move either way. Q1 2026 Results Announcement
• Neutral Sentiment: An insider (Kuntal Kumar Verma) sold 573 shares under a pre‑arranged Rule 10b5‑1 plan (avg ~$210). Because it was a planned trade and relatively small, it moderates negative signaling but remains a datapoint for investors monitoring insider activity. Insider Sale Filing
• Neutral Sentiment: FSLR is drawing investor attention in screeners and commentary (Zacks), which can increase short‑term volume and volatility ahead of earnings. Zacks: Investor Attention
• Negative Sentiment: Reports that China is considering export limits on advanced solar components triggered sector‑wide selling; even U.S. manufacturers like First Solar felt short‑term pressure as traders priced in potential supply‑chain and trade risks. China Export Limits Report
• Negative Sentiment: Recent headlines noted the stock “sank” amid market gains, reflecting ongoing post‑earnings volatility and headline sensitivity that can amplify intraday weakness for FSLR. Stock Reaction Coverage

First Solar Stock Down 0.6%

Shares of NASDAQ FSLR opened at $190.44 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. First Solar, Inc. has a 1 year low of $119.09 and a 1 year high of $285.99. The stock’s 50-day simple moving average is $204.51 and its 200-day simple moving average is $233.93. The firm has a market cap of $20.46 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 0.41 and a beta of 1.61.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the company posted $3.65 EPS. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. As a group, equities analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Insider Activity at First Solar

In related news, CTO Markus Gloeckler sold 3,640 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $196.95, for a total value of $716,898.00. Following the sale, the chief technology officer directly owned 8,037 shares of the company’s stock, valued at $1,582,887.15. This represents a 31.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Kuntal Kumar Verma sold 3,426 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total transaction of $671,256.18. Following the transaction, the insider owned 8,334 shares in the company, valued at $1,632,880.62. This trade represents a 29.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 76,562 shares of company stock worth $15,042,232. 0.39% of the stock is currently owned by insiders.

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.