AMF Tjanstepension AB Reduces Stake in First Solar, Inc. $FSLR

AMF Tjanstepension AB decreased its holdings in First Solar, Inc. (NASDAQ:FSLR) by 98.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,949 shares of the solar cell manufacturer’s stock after selling 319,418 shares during the quarter. AMF Tjanstepension AB’s holdings in First Solar were worth $779,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in FSLR. Apollon Wealth Management LLC lifted its position in First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after acquiring an additional 44 shares during the period. Root Financial Partners LLC increased its holdings in shares of First Solar by 18.2% in the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after purchasing an additional 45 shares during the period. FIL Ltd increased its holdings in shares of First Solar by 6.9% in the fourth quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after purchasing an additional 46 shares during the period. Fielder Capital Group LLC raised its stake in shares of First Solar by 4.1% during the fourth quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after purchasing an additional 47 shares during the last quarter. Finally, Burford Brothers Inc. raised its stake in shares of First Solar by 0.3% during the fourth quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock worth $4,984,000 after purchasing an additional 48 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

Analysts Set New Price Targets

FSLR has been the subject of several recent research reports. Jefferies Financial Group decreased their price target on First Solar from $205.00 to $187.00 and set a “hold” rating for the company in a report on Tuesday, April 7th. Citigroup dropped their price objective on shares of First Solar from $300.00 to $243.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Wells Fargo & Company upped their price objective on shares of First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Argus raised their target price on shares of First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Finally, Barclays lowered their target price on shares of First Solar from $228.00 to $213.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $254.31.

First Solar News Summary

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

Insider Buying and Selling

In related news, General Counsel Jason E. Dymbort sold 409 shares of First Solar stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $88,192.67. Following the completion of the transaction, the general counsel directly owned 10,409 shares in the company, valued at $2,244,492.67. The trade was a 3.78% decrease in their position. The sale was disclosed in a document filed 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, insider Caroline Stockdale sold 10,628 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total value of $2,929,076.80. Following the completion of the sale, the insider directly owned 23,792 shares in the company, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 32,466 shares of company stock valued at $8,014,105. 0.39% of the stock is owned by company insiders.

First Solar Price Performance

Shares of NASDAQ:FSLR opened at $227.83 on Monday. The business’s 50 day simple moving average is $250.91 and its 200-day simple moving average is $230.60. The firm has a market capitalization of $24.48 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 0.50 and a beta of 1.73. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. First Solar, Inc. has a 12 month low of $159.85 and a 12 month high of $320.95.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter last year, the business posted $1.95 earnings per share. As a group, equities analysts forecast that First Solar, Inc. will post 17.6 earnings per share for the current fiscal 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.