Vontobel Holding Ltd. Acquires 19,240 Shares of First Solar, Inc. $FSLR

Vontobel Holding Ltd. boosted its holdings in First Solar, Inc. (NASDAQ:FSLR) by 42.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,624 shares of the solar cell manufacturer’s stock after purchasing an additional 19,240 shares during the period. Vontobel Holding Ltd.’s holdings in First Solar were worth $11,320,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FSLR. Ellsworth Advisors LLC raised its stake in shares of First Solar by 7.7% during the 3rd quarter. Ellsworth Advisors LLC now owns 9,608 shares of the solar cell manufacturer’s stock worth $1,683,000 after purchasing an additional 690 shares during the period. V Square Quantitative Management LLC boosted its holdings in shares of First Solar by 18.6% in the 3rd quarter. V Square Quantitative Management LLC now owns 3,248 shares of the solar cell manufacturer’s stock worth $569,000 after buying an additional 509 shares during the last quarter. Viking Fund Management LLC boosted its holdings in shares of First Solar by 20.0% in the 3rd quarter. Viking Fund Management LLC now owns 12,000 shares of the solar cell manufacturer’s stock worth $2,102,000 after buying an additional 2,000 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in First Solar by 11.9% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 1,498 shares of the solar cell manufacturer’s stock valued at $262,000 after buying an additional 159 shares during the period. Finally, Courier Capital LLC grew its position in First Solar by 102.1% during the third quarter. Courier Capital LLC now owns 23,602 shares of the solar cell manufacturer’s stock valued at $4,134,000 after buying an additional 11,926 shares during the period. Institutional investors own 92.08% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on FSLR shares. Robert W. Baird decreased their price objective on shares of First Solar from $318.00 to $290.00 and set an “outperform” rating for the company in a report on Tuesday, September 22nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a $199.00 price objective on shares of First Solar in a research report on Friday. HC Wainwright initiated coverage on shares of First Solar in a research note on Thursday, August 27th. They issued a “buy” rating on the stock. Mizuho set a $324.00 target price on shares of First Solar in a research note on Thursday, August 13th. Finally, Barclays reduced their target price on shares of First Solar from $279.00 to $259.00 and set an “overweight” rating for the company in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $265.87.

First Solar Price Performance

Shares of FSLR opened at $172.64 on Friday. The firm has a market cap of $18.55 billion, a PE ratio of 10.64, a PEG ratio of 0.47 and a beta of 1.80. The stock’s fifty day moving average price is $198.70 and its two-hundred day moving average price is $218.97. First Solar, Inc. has a 1 year low of $168.60 and a 1 year high of $320.95.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.18 EPS. Sell-side analysts anticipate that First Solar, Inc. will post 17.63 earnings per share for the current fiscal year.

Key First Solar News

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

• Positive Sentiment: Investor attention remains focused on First Solar’s strong annual revenue growth, positive free cash flow, improving returns on capital and expanding market share. These factors support the long-term investment case despite near-term market volatility. How Investors Are Reacting To First Solar Strong Fundamentals And Market Share Gains
• Positive Sentiment: High trading volume in First Solar call options suggests some traders are positioning for a potential rebound or increased volatility ahead of the company’s earnings report, although options activity is not a guarantee of future gains. Traders Purchase High Volume of First Solar Call Options
• Neutral Sentiment: First Solar will release third-quarter 2026 results after the market closes on October 29 and host an investor webcast. The report could provide important updates on demand, margins, production and guidance. First Solar to Announce Third Quarter 2026 Financial Results
• Negative Sentiment: Higher interest rates are pressuring clean-tech valuations and encouraging investors to rotate away from growth-oriented renewable-energy stocks. This macro backdrop has weighed on the Guinness Sustainable Energy Fund and the broader solar group. Guinness Sustainable Energy Fund Discusses First Solar Amid Solar Industry Weakness
• Negative Sentiment: First Solar declined more sharply than the broader market in the latest session, reflecting continued sector weakness and risk aversion rather than a newly reported company-specific deterioration. First Solar Falls More Steeply Than Broader Market

Insider Transactions at First Solar

In related news, CTO Markus Gloeckler sold 800 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $174.00, for a total value of $139,200.00. Following the sale, the chief technology officer directly owned 5,042 shares in the company, valued at approximately $877,308. The trade was a 13.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jason Dymbort sold 3,700 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total transaction of $922,706.00. Following the sale, the general counsel directly owned 5,624 shares in the company, valued at approximately $1,402,513.12. This trade represents a 39.68% decrease in their ownership of the stock. 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 90 days, insiders have sold 16,681 shares of company stock valued at $3,756,286. 0.39% of the stock is currently owned by insiders.

First Solar Company Profile

First Solar, Inc is a solar technology and manufacturing company that designs and produces photovoltaic (PV) solar modules for utility-scale power projects. Unlike conventional crystalline-silicon panels, its modules use thin-film semiconductor technology based on cadmium telluride (CdTe), which the company says can provide advantages in energy yield, temperature performance and lifecycle sustainability.

The company’s product portfolio includes its Series 6 and Series 7 thin-film solar modules, along with related services such as technical support, module recycling and end-of-life collection.