Triodos Investment Management BV Sells 9,800 Shares of First Solar, Inc. $FSLR

Triodos Investment Management BV trimmed its position in First Solar, Inc. (NASDAQ:FSLR) by 3.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 249,400 shares of the solar cell manufacturer’s stock after selling 9,800 shares during the period. First Solar accounts for 4.8% of Triodos Investment Management BV’s investment portfolio, making the stock its 5th biggest holding. Triodos Investment Management BV’s holdings in First Solar were worth $65,916,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Linden Thomas Advisory Services LLC increased its position in shares of First Solar by 1.7% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock valued at $504,000 after acquiring an additional 39 shares during the period. Apollon Wealth Management LLC grew its position in First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after purchasing an additional 44 shares during the period. Burford Brothers Inc. grew its position in First Solar by 0.3% during the 4th quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock worth $4,984,000 after purchasing an additional 48 shares during the period. Cromwell Holdings LLC grew its position in First Solar by 15.8% during the 4th quarter. Cromwell Holdings LLC now owns 367 shares of the solar cell manufacturer’s stock worth $96,000 after purchasing an additional 50 shares during the period. Finally, Rathbones Group PLC grew its position in First Solar by 1.0% during the 3rd quarter. Rathbones Group PLC now owns 4,930 shares of the solar cell manufacturer’s stock worth $1,087,000 after purchasing an additional 51 shares during the period. 92.08% of the stock is owned by institutional investors and hedge funds.

First Solar News Roundup

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

• Positive Sentiment: GLJ Research upgraded First Solar to Buy from Hold and raised its price target, giving traders a fresh catalyst and helping fuel the latest jump in shares. First Solar (FSLR) Shares Skyrocket, What You Need To Know
• Positive Sentiment: Investor interest is being boosted by expectations for potential U.S. trade-policy developments, including a possible Section 232 backdrop that could support domestically produced solar modules and improve pricing power for First Solar. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum
• Positive Sentiment: The stock is also benefiting from post-earnings momentum, a breakout to fresh highs, and broader enthusiasm for solar names tied to rising AI data-center electricity demand. Solar Stocks To Watch As AI Drives Energy Demand
• Neutral Sentiment: Multiple recent articles note that First Solar is breaking out and attracting momentum traders, which can amplify moves as investors chase strength. Stock Market Today: Indexes Rise On U.S.-Iran Deal Hopes; Snowflake Surges, First Solar Breaks Out (Live Coverage)
• Neutral Sentiment: Analyst coverage remains supportive overall, with a recent consensus rating of “Moderate Buy,” reinforcing a constructive longer-term view. First Solar, Inc. Receives Consensus Rating of “Moderate Buy” from Analysts
• Negative Sentiment: Despite the rally, insider activity has shown heavy selling over the past six months, which may temper enthusiasm for some investors. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum

First Solar Trading Up 1.1%

FSLR stock opened at $306.79 on Friday. The company’s 50-day simple moving average is $213.45 and its 200-day simple moving average is $231.67. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. First Solar, Inc. has a 52-week low of $135.50 and a 52-week high of $313.75. The firm has a market cap of $32.96 billion, a P/E ratio of 19.82, a PEG ratio of 0.67 and a beta of 1.57.

First Solar (NASDAQ:FSLR) last posted its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) 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 business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the company posted $1.95 EPS. The company’s revenue for the quarter was up 23.6% on a year-over-year basis. As a group, equities analysts forecast that First Solar, Inc. will post 17.64 EPS for the current fiscal year.

Insider Buying and Selling at First Solar

In other news, insider Michael Koralewski sold 215 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total transaction of $46,360.45. Following the sale, the insider directly owned 14,642 shares of the company’s stock, valued at $3,157,254.46. This represents a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Georges Antoun sold 566 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $122,046.58. Following the sale, the insider directly owned 19,918 shares in the company, valued at approximately $4,294,918.34. The trade was a 2.76% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 97,827 shares of company stock worth $20,006,930. 0.39% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded First Solar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Glj Research downgraded First Solar from a “buy” rating to a “hold” rating and cut their price target for the stock from $314.43 to $207.82 in a research report on Wednesday, March 4th. Morgan Stanley cut their price target on First Solar from $275.00 to $230.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Royal Bank Of Canada cut their price target on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. cut their price target on First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, First Solar has an average rating of “Moderate Buy” and an average target price of $247.40.

First Solar 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.