PFA Pension Forsikringsaktieselskab Acquires New Holdings in First Solar, Inc. $FSLR

PFA Pension Forsikringsaktieselskab purchased a new stake in First Solar, Inc. (NASDAQ:FSLR) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 49,665 shares of the solar cell manufacturer’s stock, valued at approximately $13,127,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in First Solar by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after acquiring an additional 464,130 shares during the period. Viking Global Investors LP increased its position in First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares during the period. Amundi increased its position in First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after acquiring an additional 564,032 shares during the period. Northern Trust Corp increased its position in First Solar by 2.6% in the 3rd quarter. Northern Trust Corp now owns 1,349,531 shares of the solar cell manufacturer’s stock valued at $297,612,000 after acquiring an additional 34,313 shares during the period. Finally, Clean Energy Transition LLP increased its position in First Solar by 48.2% in the 3rd quarter. Clean Energy Transition LLP now owns 1,117,228 shares of the solar cell manufacturer’s stock valued at $246,382,000 after acquiring an additional 363,274 shares during the period. 92.08% of the stock is currently owned by institutional investors and hedge funds.

First Solar Stock Performance

FSLR opened at $211.71 on Monday. First Solar, Inc. has a twelve month low of $122.47 and a twelve month high of $285.99. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average of $198.46 and a 200-day moving average of $231.85. The stock has a market cap of $22.75 billion, a PE ratio of 13.68, a price-to-earnings-growth ratio of 0.48 and a beta of 1.57.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.35. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the company posted $1.95 earnings per share. First Solar’s revenue for the quarter was up 23.6% compared to the same quarter last year. On average, sell-side analysts predict that First Solar, Inc. will post 17.33 EPS for the current year.

Trending Headlines about First Solar

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

• Positive Sentiment: Q1 earnings and margins beat expectations: First Solar reported $3.22 GAAP EPS vs. consensus ~$2.87 and record quarterly revenue (~$1.04B), with notable margin expansion that improves near‑term earnings visibility. Company Press Release
• Positive Sentiment: Guidance reaffirmed: Management reconfirmed FY2026 net sales ($4.9B–$5.2B) and adjusted EBITDA ($2.6B–$2.8B), removing some uncertainty around full‑year expectations and supporting valuation models. Quiver Quant Article
• Positive Sentiment: Strong bookings and demand mix: Management highlighted gross bookings (1.9 GW) and growth in key markets (India and U.S. utility scale), signaling continued sales momentum. Earnings Transcript (The Motley Fool)
• Positive Sentiment: Secular demand thesis reinforced by management: CEO Mark Widmar discussed rising power demand (including AI data centers) and U.S. manufacturing scale on TV, underscoring long‑term growth drivers. CEO Interview (YouTube)
• Neutral Sentiment: Guidance nuance — midpoint slightly below some sell‑side estimates: while guidance was reaffirmed, the midpoint was reported modestly under some analyst models, which could temper upside expectations. Yahoo Finance Recap
• Neutral Sentiment: Analyst and institutional positioning mixed: median price target sits well above current levels but firms have recently trimmed or raised targets unevenly; institutional flows show major rebalances. These mixed signals can limit conviction. Quiver Quant — analyst & institutional data
• Negative Sentiment: Heavy insider selling: recent disclosures show numerous insider sales (no purchases) over the past six months, which some investors view as a governance or timing concern. Quiver Quant — insider trading
• Negative Sentiment: Ongoing trade/tariff and policy risk: multiple reports note management is navigating tariff and regulatory uncertainty; this remains a tail risk that could widen volatility despite the beat. MSN — Tariffs Article

Analyst Ratings Changes

FSLR has been the subject of several recent research reports. Bank of America decreased their price target on shares of First Solar from $291.00 to $271.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Evercore decreased their price target on shares of First Solar from $241.00 to $212.00 in a research report on Thursday, March 5th. TD Cowen decreased their price target on shares of First Solar from $320.00 to $253.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Morgan Stanley decreased their price objective on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday, April 28th. Finally, UBS Group decreased their price objective on shares of First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.47.

Insiders Place Their Bets

In other news, General Counsel Jason E. Dymbort sold 9,022 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $199.62, for a total value of $1,800,971.64. Following the completion of the sale, the general counsel directly owned 9,850 shares in the company, valued at $1,966,257. This trade represents a 47.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Mark R. Widmar sold 1,937 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $200.80, for a total value of $388,949.60. Following the completion of the sale, the chief executive officer owned 102,798 shares of the company’s stock, valued at approximately $20,641,838.40. This represents a 1.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 76,562 shares of company stock valued at $15,042,232. 0.39% of the stock is currently owned by corporate 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.