First Solar, Inc. $FSLR Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 6.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 32,086 shares of the solar cell manufacturer’s stock after selling 2,387 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Solar were worth $7,076,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Woodline Partners LP grew its stake in First Solar by 40.7% in the 1st quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after acquiring an additional 2,615 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of First Solar by 6.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,877 shares of the solar cell manufacturer’s stock worth $311,000 after purchasing an additional 111 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of First Solar by 7.9% during the second quarter. Nordea Investment Management AB now owns 7,929 shares of the solar cell manufacturer’s stock worth $1,313,000 after purchasing an additional 579 shares during the last quarter. Private Trust Co. NA grew its position in shares of First Solar by 2,610.0% in the second quarter. Private Trust Co. NA now owns 271 shares of the solar cell manufacturer’s stock valued at $45,000 after purchasing an additional 261 shares during the period. Finally, Stratos Wealth Partners LTD. acquired a new position in First Solar in the second quarter valued at $268,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of First Solar in a research note on Monday, December 29th. Morgan Stanley set a $275.00 price objective on shares of First Solar in a report on Friday, October 31st. Wall Street Zen raised shares of First Solar from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Wells Fargo & Company upped their price target on shares of First Solar from $270.00 to $285.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Finally, Mizuho cut their price target on shares of First Solar from $335.00 to $326.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, First Solar has an average rating of “Moderate Buy” and an average target price of $275.61.

First Solar Trading Up 3.7%

Shares of FSLR stock opened at $241.88 on Friday. The stock has a market cap of $25.96 billion, a price-to-earnings ratio of 18.58, a price-to-earnings-growth ratio of 0.30 and a beta of 1.60. The company has a quick ratio of 1.55, a current ratio of 1.91 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The firm’s 50 day moving average price is $246.03 and its two-hundred day moving average price is $234.81.

Key Stories Impacting First Solar

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

• Positive Sentiment: Supreme Court struck down the administration’s proposed “reciprocal” tariffs, removing a major policy overhang that could have increased costs or disrupted supply chains for U.S. solar projects and module makers — a clear near-term positive for First Solar’s domestic project economics and project pipeline. First Solar surges after Supreme Court strikes down Trump’s ‘reciprocal’ tariffs
• Positive Sentiment: First Solar secured a $1.5B five-year senior unsecured revolving credit facility, improving liquidity and financial flexibility to fund plant ramp, working capital and project development. That reduces financing risk around expansion plans. First Solar Secures $1.5 Billion Revolving Credit Facility
• Positive Sentiment: Company expansion and tax-credit activity — including a new ~$1.1B Louisiana plant and a recent tax-credit sale — are cited as lifting the outlook, supporting revenue visibility as First Solar scales U.S. manufacturing. First Solar to Release Q4 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Upcoming Q4 earnings are a near-term catalyst — results and guidance will be watched for margins, demand trends and any commentary on U.S. vs. Asia supply mix. Investors should expect volatility around the print. First Solar to Release Q4 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Heightened retail/investor attention (Zacks/Yahoo coverage) is drawing flows and may amplify intraday moves, but it doesn’t change fundamentals by itself. First Solar, Inc. (FSLR) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Sector data: Array Technologies’ rebound highlights strong U.S. solar demand and backlog, which can be a tailwind for installers and module suppliers (indirect for FSLR). Array Technologies Legacy Operations Regain Momentum on Volume Surge?
• Negative Sentiment: Competition from low-cost Asian output remains a structural headwind mentioned in previews; margins and ASP pressure could reappear if global oversupply intensifies despite the tariff ruling. First Solar to Release Q4 Earnings: What’s in Store for the Stock?
• Negative Sentiment: Recent intraday weakness reported in coverage and odd/unclear short-interest reporting suggest potential for near-term volatility and noisy price action; monitor volume and updates. First Solar (FSLR) Suffers a Larger Drop Than the General Market: Key Insights

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.