TrueWealth Advisors LLC Decreases Stock Holdings in First Solar, Inc. $FSLR

TrueWealth Advisors LLC lowered its stake in shares of First Solar, Inc. (NASDAQ:FSLR) by 50.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,024 shares of the solar cell manufacturer’s stock after selling 2,066 shares during the quarter. TrueWealth Advisors LLC’s holdings in First Solar were worth $478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FSLR. Apollon Wealth Management LLC increased its position in shares of First Solar by 1.2% during the fourth 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 in the last quarter. Root Financial Partners LLC lifted its holdings in First Solar by 18.2% in the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after purchasing an additional 45 shares in the last quarter. FIL Ltd lifted its holdings in First Solar by 6.9% in the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after purchasing an additional 46 shares in the last quarter. Fielder Capital Group LLC boosted its stake in First Solar by 4.1% during the 4th quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after purchasing an additional 47 shares during the last quarter. Finally, Burford Brothers Inc. boosted its stake 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 last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Wall Street Analysts Forecast Growth

FSLR has been the subject of a number of recent research reports. Argus increased their target price on shares of First Solar from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Jefferies Financial Group set a $196.00 price objective on shares of First Solar in a research note on Monday. HSBC upgraded shares of First Solar from a “hold” rating to a “buy” rating in a report on Friday. Guggenheim raised their target price on shares of First Solar from $279.00 to $282.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, TD Cowen restated a “buy” rating on shares of First Solar in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $254.89.

First Solar Trading Up 2.4%

Shares of FSLR opened at $250.05 on Friday. First Solar, Inc. has a 12-month low of $176.47 and a 12-month high of $320.95. The firm has a 50-day moving average price of $241.00 and a 200 day moving average price of $225.26. The firm has a market capitalization of $26.87 billion, a P/E ratio of 15.42, a P/E/G ratio of 0.53 and a beta of 1.75.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the business earned $3.18 earnings per share. First Solar’s revenue was down 3.4% compared to the same quarter last year. Equities research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current fiscal year.

Insider Buying and Selling at First Solar

In other news, insider Kuntal Kumar Verma sold 582 shares of First Solar stock in a transaction that occurred 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 sale, the insider owned 4,967 shares of the company’s stock, valued at approximately $1,241,750. The trade was a 10.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of First Solar stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the sale, the insider directly owned 23,792 shares in the company, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 38,505 shares of company stock worth $9,398,886. Insiders own 0.39% of the company’s stock.

Key First Solar News

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

• Positive Sentiment: The Trump administration imposed a 15% tariff and minimum import-price requirements on polysilicon and downstream products under Section 232. The policy, scheduled to take effect December 4, could reduce low-cost Chinese competition and support pricing for U.S. solar manufacturers. Solar stocks shine after Trump extends China tariffs to polysilicon products
• Positive Sentiment: First Solar publicly supported the action, saying it could help loosen China’s control of a critical solar-material supply chain. Chinese producers reportedly account for more than 90% of global polysilicon supply. First Solar applauds Section 232 action
• Positive Sentiment: Wells Fargo raised its price target from $300 to $313 and maintained an overweight rating, saying the trade action could benefit First Solar more than previously expected. HSBC also upgraded the stock from hold to buy, reinforcing improving analyst sentiment. First Solar clears aggressive buy point
• Neutral Sentiment: The company’s earlier quarterly earnings beat remains a supportive backdrop: First Solar reported $3.92 in earnings per share versus the $2.90 consensus estimate, although revenue declined 3.4% year over year. Its contracted backlog and domestic capacity expansion provide longer-term visibility, but investors remain focused on earnings durability.
• Negative Sentiment: Several law firms are promoting a securities class action against First Solar and certain executives concerning alleged disclosures about production underutilization, South Carolina onshoring costs and related risks. The allegations remain unproven, but the August 24 lead-plaintiff deadline adds legal and reputational uncertainty. Pomerantz class action announcement

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.