SPX Gestao de Recursos Ltda Acquires Shares of 116,250 First Solar, Inc. $FSLR

SPX Gestao de Recursos Ltda bought a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) during the third quarter, HoldingsChannel reports. The firm bought 116,250 shares of the solar cell manufacturer’s stock, valued at approximately $25,637,000. First Solar makes up approximately 2.1% of SPX Gestao de Recursos Ltda’s holdings, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FSLR. Linden Thomas Advisory Services LLC increased its stake in shares of First Solar by 1.7% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after acquiring an additional 39 shares in the last quarter. Signaturefd LLC boosted its stake in First Solar by 2.6% during the third quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock worth $414,000 after acquiring an additional 47 shares in the last quarter. Figure 8 Investment Strategies LLC grew its holdings in First Solar by 0.6% in the third quarter. Figure 8 Investment Strategies LLC now owns 8,116 shares of the solar cell manufacturer’s stock worth $1,790,000 after purchasing an additional 48 shares during the period. Hemington Wealth Management increased its stake in shares of First Solar by 22.9% during the third quarter. Hemington Wealth Management now owns 306 shares of the solar cell manufacturer’s stock valued at $67,000 after purchasing an additional 57 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of First Solar by 14.9% during the third quarter. Assetmark Inc. now owns 448 shares of the solar cell manufacturer’s stock valued at $99,000 after purchasing an additional 58 shares in the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, General Counsel Jason E. Dymbort sold 3,273 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $641,278.89. Following the transaction, the general counsel owned 16,625 shares of the company’s stock, valued at approximately $3,257,336.25. This trade represents a 16.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Alexander R. Bradley sold 3,194 shares of First Solar stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $625,800.42. Following the transaction, the chief financial officer owned 40,794 shares in the company, valued at $7,992,768.42. This represents a 7.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 31,975 shares of company stock worth $6,267,492 in the last quarter. Insiders own 0.48% of the company’s stock.

First Solar Price Performance

Shares of FSLR opened at $189.21 on Friday. The company has a market capitalization of $20.30 billion, a P/E ratio of 13.32, a price-to-earnings-growth ratio of 0.31 and a beta of 1.65. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average of $234.09 and a 200 day moving average of $236.03. First Solar, Inc. has a twelve month low of $116.56 and a twelve month high of $285.99.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (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 business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the company posted $3.65 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FSLR has been the topic of a number of analyst reports. Royal Bank Of Canada dropped their price target on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Rothschild & Co Redburn raised their price objective on First Solar from $150.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Jefferies Financial Group reiterated a “hold” rating and set a $205.00 price objective on shares of First Solar in a research note on Thursday, February 26th. Needham & Company LLC boosted their target price on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Finally, Wolfe Research cut First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Twenty investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $249.65.

Trending Headlines about First Solar

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

• Positive Sentiment: U.S. manufacturing expansion: First Solar commissioned a new factory in Louisiana and plans additional capacity in South Carolina, improving domestic supply?chain positioning and medium/long?term revenue visibility. First Solar Expands US Manufacturing Footprint
• Neutral Sentiment: Options and retail/trending activity are elevated, which can amplify intraday swings but do not change the company’s fundamentals. Behind the Scenes of First Solar’s Latest Options Trends
• Negative Sentiment: 2026 guidance disappointed analysts, triggering multiple downgrades and the primary near?term selling pressure as investors reprice earnings/margins. 2026 Guidance Disappoints, Triggers Downgrades
• Negative Sentiment: Analyst price?target cuts (examples: Evercore to $212, Morgan Stanley to $230, Barclays to $228, Argus to $250) reduce headline upside and analyst support. Analyst Price Target Moves
• Negative Sentiment: Insider selling disclosed on March 4 — CTO Markus Gloeckler sold ~3,640 shares (~$717k) and CAO Nathan Theurer sold 92 shares — which some investors view as a negative signal even if routine. CTO Insider Sale SEC Filing
• Negative Sentiment: Pomerantz LLP announced an investor investigation into First Solar, introducing legal/financial risk that could increase near?term cautiousness. Pomerantz Investigates First Solar
• Negative Sentiment: High?profile negative commentary (e.g., Jim Cramer calling the recent quarter “one awful quarter”) can amplify short?term selling momentum among retail traders. Jim Cramer on First Solar

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.