Energy Income Partners LLC Takes $2.46 Million Position in First Solar, Inc. $FSLR

Energy Income Partners LLC purchased a new position in shares of First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,429 shares of the solar cell manufacturer’s stock, valued at approximately $2,461,000.

A number of other hedge funds have also made changes to their positions in the business. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Solar during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new position in First Solar in the 4th quarter valued at $26,000. Strategic Wealth Investment Group LLC purchased a new stake in First Solar in the 2nd quarter valued at approximately $26,000. Larson Financial Group LLC grew its holdings in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the period. Finally, Elyxium Wealth LLC purchased 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.

First Solar Price Performance

First Solar stock opened at $220.01 on Wednesday. The stock has a market capitalization of $23.64 billion, a P/E ratio of 13.56, a P/E/G ratio of 0.49 and a beta of 1.76. First Solar, Inc. has a 12-month low of $182.99 and a 12-month high of $320.95. The firm’s 50-day moving average is $231.60 and its two-hundred day moving average is $224.42.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating analysts’ consensus estimates 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 company’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.18 earnings per share. As a group, analysts forecast that First Solar, Inc. will post 17.75 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Susquehanna increased their target price on shares of First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a report on Friday, July 10th. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Barclays lifted their price target on First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Argus raised their target price on shares of First Solar from $250.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, HSBC upgraded shares of First Solar from a “hold” rating to a “buy” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, First Solar presently has a consensus rating of “Moderate Buy” and an average price target of $264.44.

Insider Buying and Selling

In other First Solar news, CEO Mark R. Widmar sold 4,815 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $247.43, for a total transaction of $1,191,375.45. Following the transaction, the chief executive officer owned 89,033 shares of the company’s stock, valued at $22,029,435.19. This represents a 5.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the completion of the transaction, the insider owned 7,642 shares of the company’s stock, valued at $1,692,779.42. The trade was a 47.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 31,106 shares of company stock worth $7,723,039 in the last three months. 0.39% of the stock is currently owned by insiders.

Trending Headlines about First Solar

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

• Positive Sentiment: First Solar was highlighted among the stronger second-quarter renewable-energy performers. The company’s latest results included adjusted EPS of $3.92, well above the $2.90 consensus estimate, while its contracted backlog remains substantial. Q2 Earnings Outperformers: First Solar and the Rest of the Renewable Energy Stocks
• Positive Sentiment: Zacks identified FSLR as a strong momentum stock, which may support investor interest following its earnings outperformance and relatively attractive valuation metrics. Why First Solar Is a Strong Momentum Stock
• Neutral Sentiment: Analyst and industry coverage continues to focus on strong solar demand, but changing U.S. policies, tariffs and import rules could affect pricing, customer decisions and First Solar’s 2026 earnings outlook. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Neutral Sentiment: Institutional positioning was mixed: several large investors added FSLR shares in the second quarter, while others reduced holdings. Separately, unusually heavy put-option activity suggests increased hedging or bearish speculation, but does not establish the market’s future direction.
• Negative Sentiment: First Solar faces a securities class-action lawsuit filed in federal court. The complaint alleges that the company and certain executives made misleading statements regarding tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. Multiple law firms are publicizing an August 24 lead-plaintiff deadline. The allegations have not been proven, but the litigation adds reputational, financial and sentiment risk. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold a small number of shares to cover tax withholding obligations related to vested equity awards. Because the sale was designated for taxes and represented only 127 shares, it is unlikely to be a major fundamental signal.

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.