First Solar, Inc. $FSLR Holdings Reduced by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lowered its position in First Solar, Inc. (NASDAQ:FSLR) by 4.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,543 shares of the solar cell manufacturer’s stock after selling 9,486 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.19% of First Solar worth $45,769,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FSLR. Strategic Wealth Investment Group LLC bought a new position in First Solar in the 2nd quarter worth approximately $26,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in First Solar during the 3rd quarter valued at $44,000. Total Investment Management Inc. bought a new stake in First Solar during the 2nd quarter valued at $36,000. NBT Bank N A NY boosted its position in First Solar by 550.0% during the 3rd quarter. NBT Bank N A NY now owns 221 shares of the solar cell manufacturer’s stock worth $49,000 after acquiring an additional 187 shares during the period. Finally, Mather Group LLC. acquired a new position in First Solar during the 3rd quarter worth $52,000. Institutional investors own 92.08% of the company’s stock.

Insider Buying and Selling

In other news, CEO Mark R. Widmar sold 1,937 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $200.80, for a total value of $388,949.60. Following the completion of the sale, the chief executive officer owned 102,798 shares of the company’s stock, valued at $20,641,838.40. This trade represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Alexander R. Bradley sold 14,106 shares of First Solar stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $199.97, for a total value of $2,820,776.82. Following the transaction, the chief financial officer directly owned 30,000 shares in the company, valued at approximately $5,999,100. This trade represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 75,989 shares of company stock valued at $14,921,902. 0.48% of the stock is currently owned by company insiders.

First Solar Stock Performance

First Solar stock opened at $197.81 on Thursday. 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 simple moving average is $223.56 and its 200-day simple moving average is $236.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35. The company has a market cap of $21.23 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 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 firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter last year, the company posted $3.65 EPS. The firm’s revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts predict that First Solar, Inc. will post 13.05 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on FSLR shares. Bank of America lowered their price target on First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Barclays decreased their target price on shares of First Solar from $279.00 to $228.00 and set an “overweight” rating for the company in a research report on Monday, March 2nd. Robert W. Baird reissued a “neutral” rating and set a $205.00 target price (down from $264.00) on shares of First Solar in a research note on Wednesday, February 25th. Guggenheim dropped their price target on shares of First Solar from $312.00 to $269.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $205.00 price target on shares of First Solar in a research note on Thursday, February 26th. Twenty 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’s stock. According to MarketBeat.com, First Solar presently has an average rating of “Moderate Buy” and an average price target of $248.17.

First Solar News Roundup

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 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.