Triglav Investments D.O.O. Has $3.40 Million Stock Position in First Solar, Inc. $FSLR

Triglav Investments D.O.O. reduced its stake in First Solar, Inc. (NASDAQ:FSLR) by 42.7% during the 1st quarter, HoldingsChannel reports. The firm owned 17,258 shares of the solar cell manufacturer’s stock after selling 12,877 shares during the quarter. Triglav Investments D.O.O.’s holdings in First Solar were worth $3,403,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FSLR. Pictet Asset Management Holding SA grew its position in First Solar by 29.3% in 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 during the period. Atlatl Advisers LLC bought a new position in shares of First Solar during the fourth quarter valued at $1,697,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 valued at $13,641,000 after purchasing an additional 47,695 shares in the last quarter. Lee Johnson Capital Management LLC bought a new stake in shares of First Solar in the 4th quarter worth about $5,304,000. Finally, Genus Capital Management Inc. bought a new stake in shares of First Solar in the 4th quarter worth about $4,525,000. 92.08% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FSLR has been the subject of several analyst reports. Susquehanna lifted their price target on shares of First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a report on Friday. Wells Fargo & Company upped their price objective on shares of First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Argus raised their price objective on shares of First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. Finally, Evercore increased their price target on First Solar from $212.00 to $219.00 in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $254.31.

More First Solar News

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

• Positive Sentiment: Susquehanna raised its price target on First Solar to $270 from $250 and maintained a positive rating, signaling continued analyst confidence in the stock’s upside potential. Benzinga report on Susquehanna price target increase
• Neutral Sentiment: Zacks highlighted First Solar as a strong value stock, which may support the longer-term investment case but is unlikely to move the shares on its own. Zacks value stock article
• Negative Sentiment: Multiple law firms issued class-action reminders and lead-plaintiff deadline alerts tied to First Solar, reinforcing legal uncertainty and potential investor concern around the company. Newsfile class action alert
• Negative Sentiment: Recent coverage also tied the stock’s weakness to the earlier steep selloff and reduced 2026 guidance, which continues to hang over sentiment. PR Newswire class action alert

First Solar Stock Performance

Shares of NASDAQ FSLR opened at $227.83 on Monday. First Solar, Inc. has a 1-year low of $159.85 and a 1-year high of $320.95. The company has a 50-day moving average of $250.91 and a two-hundred day moving average of $230.60. The company has a market cap of $24.48 billion, a PE ratio of 14.72, a P/E/G ratio of 0.50 and a beta of 1.73. The company has a current ratio of 2.56, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, beating the consensus estimate of $2.87 by $0.35. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. First Solar’s revenue was up 23.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.95 earnings per share. As a group, equities analysts expect that First Solar, Inc. will post 17.6 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other First Solar news, insider Kuntal Kumar Verma sold 582 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $250.00, for a total transaction of $145,500.00. Following the completion of the sale, the insider owned 4,967 shares in the company, valued at approximately $1,241,750. The trade was a 10.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alexander R. Bradley sold 498 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $107,383.74. Following the completion of the transaction, the chief financial officer directly owned 30,712 shares in the company, valued at approximately $6,622,428.56. This trade represents a 1.60% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 32,466 shares of company stock valued at $8,014,105 over the last three months. 0.39% of the stock is 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.