Strs Ohio Sells 125,996 Shares of First Solar, Inc. $FSLR

Strs Ohio trimmed its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 62.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 76,931 shares of the solar cell manufacturer’s stock after selling 125,996 shares during the quarter. Strs Ohio’s holdings in First Solar were worth $20,097,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Linden Thomas Advisory Services LLC lifted its holdings in shares of First Solar by 1.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock valued at $504,000 after buying an additional 39 shares during the period. Apollon Wealth Management LLC increased its stake in shares of First Solar by 1.2% in the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after purchasing an additional 44 shares in the last quarter. Signaturefd LLC increased its stake in shares of First Solar by 2.6% in the 3rd quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock worth $414,000 after purchasing an additional 47 shares in the last quarter. Figure 8 Investment Strategies LLC increased its stake in shares of First Solar by 0.6% in the 3rd 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 in the last quarter. Finally, Cromwell Holdings LLC increased its stake in shares of First Solar by 15.8% in the 4th quarter. Cromwell Holdings LLC now owns 367 shares of the solar cell manufacturer’s stock worth $96,000 after purchasing an additional 50 shares in the last quarter. 92.08% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other First Solar news, CEO Mark R. Widmar sold 1,937 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $200.80, for a total value of $388,949.60. Following the completion of the sale, the chief executive officer owned 102,798 shares in the company, valued at approximately $20,641,838.40. This represents a 1.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kuntal Kumar Verma sold 573 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $210.00, for a total value of $120,330.00. Following the completion of the sale, the insider owned 8,863 shares of the company’s stock, valued at $1,861,230. The trade was a 6.07% 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. Insiders have sold a total of 76,562 shares of company stock worth $15,042,232 in the last three months. 0.39% of the stock is owned by company insiders.

First Solar Stock Performance

Shares of FSLR stock opened at $211.71 on Monday. First Solar, Inc. has a 52-week low of $122.47 and a 52-week high of $285.99. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The firm has a market capitalization of $22.75 billion, a PE ratio of 13.68, a PEG ratio of 0.48 and a beta of 1.57. The stock has a fifty day simple moving average of $198.46 and a two-hundred day simple moving average of $231.85.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the prior year, the business posted $1.95 EPS. First Solar’s revenue for the quarter was up 23.6% compared to the same quarter last year. On average, analysts predict that First Solar, Inc. will post 17.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on FSLR. Wells Fargo & Company reduced their price objective on First Solar from $285.00 to $255.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Mizuho reduced their price objective on First Solar from $271.00 to $243.00 and set an “outperform” rating for the company in a research note on Monday, April 27th. Wolfe Research lowered First Solar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. Susquehanna reduced their price objective on First Solar from $280.00 to $250.00 and set a “positive” rating for the company in a research note on Thursday, April 9th. Finally, UBS Group reduced their price objective on First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $245.47.

Trending Headlines about First Solar

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

• Positive Sentiment: Q1 earnings and margins beat expectations: First Solar reported $3.22 GAAP EPS vs. consensus ~$2.87 and record quarterly revenue (~$1.04B), with notable margin expansion that improves near?term earnings visibility. Company Press Release
• Positive Sentiment: Guidance reaffirmed: Management reconfirmed FY2026 net sales ($4.9B–$5.2B) and adjusted EBITDA ($2.6B–$2.8B), removing some uncertainty around full?year expectations and supporting valuation models. Quiver Quant Article
• Positive Sentiment: Strong bookings and demand mix: Management highlighted gross bookings (1.9 GW) and growth in key markets (India and U.S. utility scale), signaling continued sales momentum. Earnings Transcript (The Motley Fool)
• Positive Sentiment: Secular demand thesis reinforced by management: CEO Mark Widmar discussed rising power demand (including AI data centers) and U.S. manufacturing scale on TV, underscoring long?term growth drivers. CEO Interview (YouTube)
• Neutral Sentiment: Guidance nuance — midpoint slightly below some sell?side estimates: while guidance was reaffirmed, the midpoint was reported modestly under some analyst models, which could temper upside expectations. Yahoo Finance Recap
• Neutral Sentiment: Analyst and institutional positioning mixed: median price target sits well above current levels but firms have recently trimmed or raised targets unevenly; institutional flows show major rebalances. These mixed signals can limit conviction. Quiver Quant — analyst & institutional data
• Negative Sentiment: Heavy insider selling: recent disclosures show numerous insider sales (no purchases) over the past six months, which some investors view as a governance or timing concern. Quiver Quant — insider trading
• Negative Sentiment: Ongoing trade/tariff and policy risk: multiple reports note management is navigating tariff and regulatory uncertainty; this remains a tail risk that could widen volatility despite the beat. MSN — Tariffs Article

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.