Susquehanna Fundamental Investments LLC Invests $27.59 Million in First Solar, Inc. $FSLR

Susquehanna Fundamental Investments LLC purchased a new position in First Solar, Inc. (NASDAQ:FSLR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 116,932 shares of the solar cell manufacturer’s stock, valued at approximately $27,591,000.

Several other large investors also recently bought and sold shares of FSLR. Commonwealth Retirement Investments LLC acquired a new position in shares of First Solar during the 4th quarter worth approximately $26,000. Reflection Asset Management acquired a new stake in shares of First Solar in the 4th quarter worth $26,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of First Solar in the 2nd quarter worth $26,000. Larson Financial Group LLC grew its holdings in shares of First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after purchasing an additional 55 shares during the period. Finally, Elyxium Wealth LLC acquired a new stake in First Solar during the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key Stories Impacting First Solar

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

• Positive Sentiment: BMO upgraded First Solar to Outperform and raised its price target to $263 from $237, implying substantial upside from the reference price. BMO reportedly believes the market reaction to the latest Section 232 tariff developments was overdone. BMO upgrades First Solar as tariff selloff looks overdone
• Positive Sentiment: Argus reiterated a Buy rating on First Solar, reinforcing the view that the company’s valuation and long-term growth prospects remain attractive despite recent volatility. Argus reiterates Buy rating for First Solar
• Positive Sentiment: A climate-finance expert said Wall Street may have misinterpreted the market’s response to the latest solar-tariff announcement, potentially easing concerns that trade policy will materially damage First Solar’s outlook. Wall Street misread the solar tariffs
• Positive Sentiment: An emergency order restricting certain foreign bulk-power-system equipment and software could benefit U.S. solar and energy-equipment manufacturers by supporting domestic suppliers, although the direct impact on First Solar is uncertain. Why solar stocks were rising overnight
• Neutral Sentiment: First Solar’s latest quarterly results exceeded earnings expectations, but revenue declined year over year, leaving investors focused on policy developments and future demand rather than the reported quarter.
• Negative Sentiment: Jim Cramer advised investors to stay away from First Solar, while Evercore ISI maintained an In-Line rating and trimmed its price target to $218, highlighting continued analyst disagreement and near-term uncertainty. Jim Cramer comments on First Solar

First Solar Stock Performance

Shares of NASDAQ FSLR opened at $204.46 on Monday. The stock has a fifty day simple moving average of $223.42 and a 200-day simple moving average of $223.39. First Solar, Inc. has a twelve month low of $182.99 and a twelve month high of $320.95. The stock has a market capitalization of $21.97 billion, a PE ratio of 12.61, a PEG ratio of 0.45 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating the consensus estimate of $2.90 by $1.02. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates 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 for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.18 earnings per share. On average, equities analysts predict that First Solar, Inc. will post 17.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FSLR. Deutsche Bank Aktiengesellschaft downgraded shares of First Solar from a “buy” rating to a “hold” rating in a report on Thursday. BMO Capital Markets lowered First Solar from a “hold” rating to a “market perform” rating in a research report on Thursday. Robert W. Baird set a $318.00 target price on First Solar and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Susquehanna lifted their target price on First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a research report on Friday, July 10th. Finally, HC Wainwright assumed coverage on shares of First Solar in a report on Thursday. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.27.

Insider Buying and Selling at First Solar

In other news, EVP Samantha L. Sloan sold 127 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $222.95, for a total transaction of $28,314.65. Following the sale, the executive vice president owned 2,018 shares of the company’s stock, valued at approximately $449,913.10. This represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jason E. Dymbort sold 3,700 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total value of $922,706.00. Following the completion of the sale, the general counsel owned 5,624 shares in the company, valued at approximately $1,402,513.12. The trade was a 39.68% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 15,081 shares of company stock worth $3,457,086. 0.39% of the stock is currently owned by corporate insiders.

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.