First Solar, Inc. $FSLR Shares Sold by Fulcrum Capital LLC

Fulcrum Capital LLC lessened its holdings in First Solar, Inc. (NASDAQ:FSLR) by 10.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,592 shares of the solar cell manufacturer’s stock after selling 4,160 shares during the period. First Solar makes up approximately 1.5% of Fulcrum Capital LLC’s portfolio, making the stock its 25th largest position. Fulcrum Capital LLC’s holdings in First Solar were worth $6,824,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FSLR. Norges Bank purchased a new position in First Solar in the fourth quarter valued at $392,040,000. Viking Global Investors LP increased its holdings in First Solar by 60.6% during the 2nd 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 during the period. Polar Capital Holdings Plc acquired a new stake in First Solar in the 4th quarter valued at about $200,109,000. Lightrock Netherlands B.V. raised its position in First Solar by 2,663.8% in the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock valued at $174,059,000 after purchasing an additional 642,199 shares in the last quarter. Finally, Amundi boosted its stake 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. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. HSBC boosted their price objective on First Solar from $211.00 to $231.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Wells Fargo & Company lifted their price target on shares of First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Jefferies Financial Group lowered their price target on shares of First Solar from $205.00 to $187.00 and set a “hold” rating for the company in a report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft upgraded shares of First Solar from a “hold” rating to a “buy” rating and raised their price objective for the company from $245.00 to $272.00 in a report on Monday. Finally, Guggenheim boosted their target price on shares of First Solar from $269.00 to $279.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $254.31.

Insider Activity

In other First Solar news, General Counsel Jason E. Dymbort sold 409 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $88,192.67. Following the completion of the transaction, the general counsel owned 10,409 shares in the company, valued at $2,244,492.67. This represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Markus Gloeckler sold 420 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total value of $90,564.60. Following the transaction, the chief technology officer directly owned 10,896 shares in the company, valued at approximately $2,349,504.48. The trade was a 3.71% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 32,466 shares of company stock worth $8,014,105 over the last three months. Company insiders own 0.39% of the company’s stock.

Key Headlines Impacting First Solar

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

• Positive Sentiment: Susquehanna raised its price target on First Solar to $270 from $250 and maintained a positive rating, signaling continued analyst confidence in the stock’s upside potential. Benzinga report on Susquehanna price target increase
• Neutral Sentiment: Zacks highlighted First Solar as a strong value stock, which may support the longer-term investment case but is unlikely to move the shares on its own. Zacks value stock article
• Negative Sentiment: Multiple law firms issued class-action reminders and lead-plaintiff deadline alerts tied to First Solar, reinforcing legal uncertainty and potential investor concern around the company. Newsfile class action alert
• Negative Sentiment: Recent coverage also tied the stock’s weakness to the earlier steep selloff and reduced 2026 guidance, which continues to hang over sentiment. PR Newswire class action alert

First Solar Stock Performance

Shares of FSLR opened at $227.83 on Friday. The company has a market capitalization of $24.48 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 0.51 and a beta of 1.73. First Solar, Inc. has a 52-week low of $159.85 and a 52-week high of $320.95. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average price of $250.91 and a 200 day moving average price of $230.97.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter last year, the company earned $1.95 earnings per share. Research analysts predict that First Solar, Inc. will post 17.6 EPS for the current fiscal year.

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.