Stephens Inc. AR Grows Position in First Solar, Inc. $FSLR

Stephens Inc. AR raised its stake in shares of First Solar, Inc. (NASDAQ:FSLR) by 8.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,841 shares of the solar cell manufacturer’s stock after purchasing an additional 2,786 shares during the quarter. Stephens Inc. AR’s holdings in First Solar were worth $6,912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FSLR. Praxis Investment Management Inc. increased its position in shares of First Solar by 20.0% in the 1st quarter. Praxis Investment Management Inc. now owns 8,075 shares of the solar cell manufacturer’s stock valued at $1,593,000 after acquiring an additional 1,345 shares during the period. Koshinski Asset Management Inc. lifted its position in First Solar by 3.3% during the 1st quarter. Koshinski Asset Management Inc. now owns 2,248 shares of the solar cell manufacturer’s stock worth $443,000 after acquiring an additional 72 shares during the period. V Square Quantitative Management LLC grew its stake in First Solar by 16.9% during the 1st quarter. V Square Quantitative Management LLC now owns 3,183 shares of the solar cell manufacturer’s stock valued at $628,000 after purchasing an additional 459 shares during the last quarter. Burford Brothers Inc. grew its stake in First Solar by 0.3% during the 1st quarter. Burford Brothers Inc. now owns 19,131 shares of the solar cell manufacturer’s stock valued at $3,774,000 after purchasing an additional 51 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of First Solar by 2.4% in the first quarter. HB Wealth Management LLC now owns 3,994 shares of the solar cell manufacturer’s stock valued at $788,000 after purchasing an additional 95 shares during the period. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Insider Activity

In other news, insider Kuntal Kumar Verma sold 582 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $250.00, for a total transaction of $145,500.00. Following the sale, the insider owned 4,967 shares of the company’s stock, valued at approximately $1,241,750. This represents a 10.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the firm’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 transaction of $2,929,076.80. Following the completion of the transaction, the insider directly owned 23,792 shares of the company’s stock, valued at $6,557,075.20. This represents a 30.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,466 shares of company stock worth $8,014,105 in the last quarter. Insiders own 0.39% of the company’s stock.

More First Solar News

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

• Positive Sentiment: Wells Fargo raised its price target on First Solar to $320 from $255 and reiterated an Overweight rating, pointing to potential upside from a pending tariff decision that could favor domestic solar manufacturers. Benzinga / The Fly report
• Positive Sentiment: Analyst enthusiasm has reinforced the stock’s recent strength, with several recent price targets above current trading levels and continued optimism around First Solar’s fundamentals and backlog visibility.
• Neutral Sentiment: One analyst roundup noted First Solar among several names receiving research attention, but did not add any new company-specific operating update.
• Negative Sentiment: First Solar is facing multiple shareholder class-action lawsuit notices alleging securities law violations for purchases made between February 26, 2025 and February 24, 2026, which may keep legal risk in focus for investors. PR Newswire lawsuit notice
• Negative Sentiment: Additional law-firm deadline alerts about the securities class action may create near-term headline pressure, even though they do not change the company’s operations.

First Solar Price Performance

NASDAQ FSLR traded down $5.00 during mid-day trading on Tuesday, hitting $228.06. The stock had a trading volume of 464,992 shares, compared to its average volume of 2,425,330. The firm’s 50 day moving average is $248.30 and its 200 day moving average is $231.72. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. The stock has a market capitalization of $24.51 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 0.50 and a beta of 1.73. First Solar, Inc. has a twelve month low of $159.85 and a twelve month high of $320.95.

First Solar (NASDAQ:FSLR) last issued its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.35. The company 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 firm’s quarterly revenue was up 23.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.95 EPS. Equities research analysts forecast that First Solar, Inc. will post 17.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Weiss Ratings upgraded First Solar from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 25th. Citigroup dropped their target price on First Solar from $300.00 to $243.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Evercore lifted their price objective on shares of First Solar from $212.00 to $219.00 in a research note on Monday, May 4th. Morgan Stanley cut their price objective on shares of First Solar from $275.00 to $230.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 28th. Finally, 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 report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, First Solar has an average rating of “Moderate Buy” and an average price target of $253.06.

About First Solar

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.