AIA Group Ltd Buys 16,766 Shares of First Solar, Inc. $FSLR

AIA Group Ltd increased its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 203.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,014 shares of the solar cell manufacturer’s stock after acquiring an additional 16,766 shares during the quarter. AIA Group Ltd’s holdings in First Solar were worth $5,516,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in First Solar in the second quarter worth $212,621,000. Viking Global Investors LP boosted its position in shares of First Solar by 60.6% during the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after purchasing an additional 854,919 shares in the last quarter. Amundi grew its holdings in shares of First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after buying an additional 564,032 shares during the period. Vanguard Group Inc. grew its holdings in shares of First Solar by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after buying an additional 464,130 shares during the period. Finally, Atreides Management LP bought a new stake in shares of First Solar in the 2nd quarter valued at $65,134,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insiders Place Their Bets

In related news, insider Georges Antoun sold 245 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $200.80, for a total transaction of $49,196.00. Following the sale, the insider owned 19,126 shares in the company, valued at approximately $3,840,500.80. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Jason E. Dymbort sold 9,022 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $199.62, for a total value of $1,800,971.64. Following the transaction, the general counsel directly owned 9,850 shares of the company’s stock, valued at $1,966,257. This trade represents a 47.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 75,989 shares of company stock valued at $14,921,902 in the last quarter. 0.48% of the stock is currently owned by corporate insiders.

First Solar Stock Performance

Shares of FSLR opened at $197.81 on Thursday. The stock has a market capitalization of $21.23 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 0.35 and a beta of 1.65. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99. The firm has a fifty day simple moving average of $223.56 and a 200 day simple moving average of $236.24. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the firm posted $3.65 earnings per share. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Research analysts forecast that First Solar, Inc. will post 13.05 EPS for the current fiscal year.

Key Stories Impacting First Solar

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

Wall Street Analyst Weigh In

FSLR has been the topic of several research analyst reports. Wolfe Research downgraded First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Argus lowered their price target on First Solar from $300.00 to $250.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. Glj Research lowered First Solar from a “buy” rating to a “hold” rating and dropped their price target for the stock from $314.43 to $207.82 in a research report on Wednesday, March 4th. Royal Bank Of Canada cut their price objective on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft lowered First Solar from a “buy” rating to a “hold” rating and decreased their price objective for the company from $300.00 to $245.00 in a research report on Wednesday, February 25th. Twenty 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $248.17.

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.