171,576 Shares in First Solar, Inc. $FSLR Bought by Danske Bank A S

Danske Bank A S purchased a new position in shares of First Solar, Inc. (NASDAQ:FSLR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 171,576 shares of the solar cell manufacturer’s stock, valued at approximately $37,838,000.

A number of other hedge funds also recently bought and sold shares of FSLR. Vanguard Group Inc. grew its position in shares of First Solar by 3.5% during the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after buying an additional 464,130 shares in the last quarter. State Street Corp raised its holdings in First Solar by 2.1% in the second quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock valued at $881,680,000 after acquiring an additional 111,927 shares in the last quarter. Viking Global Investors LP raised its holdings in First Solar by 60.6% in the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after acquiring an additional 854,919 shares in the last quarter. Amundi lifted its stake in First Solar by 38.6% in the third quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock worth $459,917,000 after acquiring an additional 564,032 shares during the last quarter. Finally, Schroder Investment Management Group lifted its stake in First Solar by 3.7% in the second quarter. Schroder Investment Management Group now owns 1,350,084 shares of the solar cell manufacturer’s stock worth $223,493,000 after acquiring an additional 47,646 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Mark R. Widmar sold 1,937 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $200.80, for a total transaction of $388,949.60. Following the transaction, the chief executive officer directly owned 102,798 shares in the company, valued at approximately $20,641,838.40. This trade represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Caroline Stockdale sold 335 shares of First Solar stock in a transaction on Monday, March 16th. The shares were sold at an average price of $200.80, for a total transaction of $67,268.00. Following the completion of the transaction, the insider directly owned 34,060 shares in the company, valued at $6,839,248. The trade was a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 75,989 shares of company stock valued at $14,921,902. 0.48% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on FSLR shares. Glj Research downgraded shares of First Solar from a “buy” rating to a “hold” rating and dropped their price objective for the company from $314.43 to $207.82 in a research report on Wednesday, March 4th. The Goldman Sachs Group decreased their price objective on shares of First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Evercore lowered their target price on shares of First Solar from $241.00 to $212.00 in a research note on Thursday, March 5th. Susquehanna cut their price target on First Solar from $292.00 to $280.00 and set a “positive” rating on the stock in a research note on Wednesday, February 25th. Finally, Needham & Company LLC raised their price target on First Solar from $286.00 to $303.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $248.17.

More First Solar News

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

• Positive Sentiment: Guggenheim kept a Buy rating and trimmed its price target to $269 (from $312) — still implying sizable upside and signaling institutional conviction despite the cut. Guggenheim price target update
• Positive Sentiment: Polen Capital highlighted First Solar’s CdTe technology and favorable policy momentum (“One Big Beautiful Bill”), reinforcing the company’s competitive positioning in utility-scale solar. Polen Capital investor letter
• Positive Sentiment: Several media/analyst pieces continue to label FSLR undervalued on forward P/E metrics, which can attract value-focused buyers and support mean‑reversion. Undervalued renewable energy roundup
• Neutral Sentiment: Evercore ISI lowered its price target to $212 (from $241) but retained an In‑Line rating — a recalibration rather than a downgrade that may temper upside expectations. Evercore ISI price target cut
• Neutral Sentiment: Small, routine insider sales were reported (e.g., CAO Nathan Theurer sold 96 shares); such filings are common and often reflect personal liquidity rather than a signal on fundamentals. InsiderTrades CAO sale
• Negative Sentiment: Concentrated executive selling: multiple senior officers — notably the CFO (large 14,106‑share sale), General Counsel and CEO — disclosed significant reductions in positions. Clustered large sales from top executives are amplifying negative sentiment and raising investor questions. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing legal risk and potential headline‑driven volatility that investors should monitor closely. Pomerantz investor alert

First Solar Stock Down 1.3%

First Solar stock opened at $197.81 on Thursday. The company has a market capitalization of $21.23 billion, a P/E ratio of 13.92, a PEG ratio of 0.35 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The stock has a 50-day simple moving average of $223.56 and a 200-day simple moving average of $236.24.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.65 EPS. Equities research analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current year.

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.