Performance Wealth Partners LLC Acquires Shares of 12,853 First Solar, Inc. $FSLR

Performance Wealth Partners LLC acquired a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) in the second quarter, HoldingsChannel.com reports. The fund acquired 12,853 shares of the solar cell manufacturer’s stock, valued at approximately $3,033,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC raised its holdings in First Solar by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after buying an additional 24,206 shares during the last quarter. Viking Global Investors LP raised its stake 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 valued at $375,122,000 after acquiring an additional 854,919 shares during the last quarter. Amundi boosted its holdings in shares of First Solar by 9.4% during the fourth quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock worth $578,791,000 after purchasing an additional 189,626 shares during the period. Norges Bank bought a new stake in shares of First Solar in the fourth quarter worth about $392,040,000. Finally, Schroder Investment Management Group increased its holdings in First Solar by 7.6% during the 4th quarter. Schroder Investment Management Group now owns 1,427,105 shares of the solar cell manufacturer’s stock valued at $372,803,000 after purchasing an additional 100,908 shares during the period. Institutional investors own 92.08% of the company’s stock.

Insiders Place Their Bets

In other news, insider Michael Koralewski sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the transaction, the insider owned 7,642 shares in the company, valued at approximately $1,692,779.42. This represents a 47.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 3,425 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $218.95, for a total transaction of $749,903.75. Following the completion of the transaction, the chief technology officer owned 7,471 shares in the company, valued at approximately $1,635,775.45. This represents a 31.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 30,979 shares of company stock valued at $7,694,724. 0.39% of the stock is owned by company insiders.

First Solar News Summary

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

• Positive Sentiment: First Solar’s latest results remain a fundamental support: the company reported quarterly earnings of $3.92 per share versus the $2.90 analyst consensus, reaffirmed its 2026 outlook and cited a contracted sales backlog of 45.1 gigawatts through 2030. Revenue was approximately $1.06 billion. First Solar Slides as Investors Weigh Tariff Uncertainty and Recent Policy Risks
• Neutral Sentiment: Institutional positioning was mixed in the latest quarter: 488 investors added FSLR shares, while 610 reduced their holdings. Several large funds, including Capital World Investors, D. E. Shaw and JPMorgan, reported sizable additions, partly offset by reductions from other managers.
• Negative Sentiment: Multiple law firms publicized an existing securities class-action lawsuit and the August 24 lead-plaintiff deadline. The suit reportedly concerns alleged misrepresentations about tariffs, guidance and production-facility utilization; the allegations have not been proven, but the repeated notices increase reputational and litigation overhang. FSLR Class Action Notice
• Negative Sentiment: Investors remain concerned about U.S. solar trade policy. A new 15% duty on polysilicon derivatives and a minimum import-price framework could benefit domestic manufacturers over time, but may also disrupt demand, pricing and customer purchasing decisions. First Solar’s own 2026 outlook continues to include a net tariff-related impact. Tariff Uncertainty and Recent Policy Risks
• Negative Sentiment: Put-option volume rose about 77% above its typical level, signaling increased demand for downside protection or bearish speculation. In addition, reported insider activity showed sales but no open-market purchases over the past six months, another factor that may weigh on confidence.

First Solar Trading Down 3.4%

First Solar stock opened at $217.85 on Tuesday. First Solar, Inc. has a 12 month low of $182.99 and a 12 month high of $320.95. The company has a market capitalization of $23.41 billion, a price-to-earnings ratio of 13.43, a price-to-earnings-growth ratio of 0.49 and a beta of 1.76. The business’s fifty day simple moving average is $232.45 and its two-hundred day simple moving average is $224.63.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating the consensus estimate of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the company earned $3.18 earnings per share. The company’s revenue was down 3.4% on a year-over-year basis. On average, equities research analysts predict that First Solar, Inc. will post 17.75 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on FSLR. TD Cowen reiterated a “buy” rating on shares of First Solar in a report on Monday, July 20th. Oppenheimer reissued a “market perform” rating on shares of First Solar in a research note on Friday, July 31st. Barclays upped their target price on First Solar from $213.00 to $279.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Robert W. Baird set a $318.00 price target on First Solar and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Finally, Roth Capital reiterated a “buy” rating and issued a $300.00 price target on shares of First Solar in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, First Solar has an average rating of “Moderate Buy” and a consensus target price of $261.75.

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.