Lightrock Netherlands B.V. Has $119.84 Million Stake in First Solar, Inc. $FSLR

Lightrock Netherlands B.V. decreased its stake in shares of First Solar, Inc. (NASDAQ:FSLR) by 8.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 607,502 shares of the solar cell manufacturer’s stock after selling 58,805 shares during the period. First Solar makes up 12.1% of Lightrock Netherlands B.V.’s investment portfolio, making the stock its 2nd largest holding. Lightrock Netherlands B.V.’s holdings in First Solar were worth $119,836,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Aventura Private Wealth LLC bought a new position in First Solar in the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new stake in First Solar during the 4th quarter valued at approximately $26,000. Reflection Asset Management bought a new stake in First Solar during the 4th quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC purchased a new position in shares of First Solar during the 2nd quarter worth approximately $26,000. Finally, Larson Financial Group LLC grew its holdings in shares of First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the period. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded First Solar from a “hold” rating to a “buy” rating and raised their target price for the company from $245.00 to $272.00 in a research note on Monday, July 6th. Wells Fargo & Company increased their price objective on First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Barclays increased their price objective on First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a report on Tuesday. Mizuho boosted their target price on shares of First Solar from $243.00 to $300.00 and gave the company an “outperform” rating in a report on Friday, June 12th. Finally, Truist Financial assumed coverage on shares of First Solar in a report on Monday. They set a “hold” rating and a $249.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $256.41.

First Solar Stock Down 5.3%

Shares of NASDAQ:FSLR opened at $211.93 on Friday. The company has a current ratio of 2.56, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02. The stock has a fifty day simple moving average of $251.39 and a two-hundred day simple moving average of $229.14. First Solar, Inc. has a 12-month low of $167.60 and a 12-month high of $320.95. The stock has a market capitalization of $22.77 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 0.50 and a beta of 1.73.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.35. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The company’s revenue was up 23.6% on a year-over-year basis. During the same period last year, the company earned $1.95 earnings per share. On average, research analysts anticipate that First Solar, Inc. will post 17.54 earnings per share for the current fiscal year.

Insider Buying and Selling at First Solar

In other news, insider Kuntal Kumar Verma sold 582 shares of the stock in a transaction that occurred on 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 in the company, valued at $1,241,750. This represents a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 420 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total transaction of $90,564.60. Following the completion of the transaction, the chief technology officer owned 10,896 shares of the company’s stock, valued at approximately $2,349,504.48. The trade was a 3.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 31,893 shares of company stock worth $7,893,775 in the last 90 days. Insiders own 0.39% of the company’s stock.

First Solar News Roundup

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

• Positive Sentiment: Recent analyst and valuation commentary still points to upside potential, with some estimates implying the stock may be trading below intrinsic value and price targets remaining well above current levels. First Solar (FSLR) Stock Sees Modest Fair Value Lift As Analysts Weigh Tariffs And Tax Credits
• Positive Sentiment: First Solar confirmed it will release second-quarter results on July 30, giving investors a near-term catalyst for updates on demand, margins, and guidance. First Solar, Inc. to Announce Second Quarter 2026 Financial Results on July 30, 2026
• Neutral Sentiment: Some market commentary says the pullback could simply reflect profit-taking after recent strength and renewed attention on the stock’s longer-term valuation. Is First Solar (FSLR) Reasonable After Tariff Hopes And A 31% Gap?
• Negative Sentiment: Multiple class action lawsuits were filed against First Solar, increasing legal risk and keeping pressure on sentiment around tariff and production disclosures. Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSLR
• Negative Sentiment: Investor notices and legal reminders suggest the securities case is still fresh, with a lead plaintiff deadline of August 24 and allegations tied to tariff-related harm. SueWallSt Reminds First Solar, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of August 24, 2026 – FSLR
• Negative Sentiment: Quiver’s market read says traders are weighing the legal overhang and awaiting results, with insider selling and mixed institutional positioning adding to caution. First Solar Slides as Traders Weigh Legal Overhang and Await Late-July Results

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.