First Solar, Inc. $FSLR Shares Sold by Redwood Grove Capital LLC

Redwood Grove Capital LLC decreased its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 2.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,400 shares of the solar cell manufacturer’s stock after selling 2,800 shares during the quarter. First Solar accounts for about 6.0% of Redwood Grove Capital LLC’s holdings, making the stock its 5th biggest position. Redwood Grove Capital LLC’s holdings in First Solar were worth $18,621,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in First Solar during the fourth quarter worth $26,000. Reflection Asset Management acquired a new stake in First Solar in the fourth quarter valued at $26,000. Strategic Wealth Investment Group LLC acquired a new stake in First Solar in the second quarter valued at $26,000. Larson Financial Group LLC increased its position in shares of First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in shares of First Solar in the fourth quarter valued at $30,000. 92.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at First Solar

In other news, CTO Markus Gloeckler sold 420 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value 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 $2,349,504.48. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Caroline Stockdale sold 10,628 shares of the company’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 transaction, the insider directly owned 23,792 shares in the company, valued at $6,557,075.20. The trade was a 30.88% decrease in their position. 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 quarter, insiders sold 31,893 shares of company stock valued at $7,893,775. Corporate insiders own 0.39% of the company’s stock.

First Solar News Summary

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

• Positive Sentiment: First Solar enters its Q2 report with a reported $14.4 billion backlog and continued strength from its U.S. manufacturing operations. These factors could support revenue visibility and domestic production economics, although lower overseas production may weigh on margins. First Solar to Release Q2 Earnings: Here’s What You Need to Know
• Neutral Sentiment: Investors are awaiting First Solar’s Q2 results for updates on manufacturing output, margins, backlog execution and full-year guidance. The company previously reported quarterly earnings above consensus, with revenue up 23.6% year over year, but the current focus is whether overseas production and policy conditions affect the outlook.
• Negative Sentiment: Pomerantz announced that a securities class action has been filed against First Solar and certain officers in federal court. The proposed class covers investors who purchased securities from February 26, 2025, through February 24, 2026, and alleges violations of federal securities laws. The allegations have not been proven, but the litigation creates potential legal costs, reputational risk and an overhang on the shares. Pomerantz Class Action Announcement
• Negative Sentiment: Multiple law firms, including Rosen, SueWallSt, Faruqi, Gross, Robbins and others, are soliciting investors to seek lead-plaintiff status by August 24, 2026. The repeated alerts reference an alleged 13.61% single-day decline and claims that First Solar provided overly favorable tariff expectations before reducing 2026 guidance. These notices amplify concerns about the company’s prior disclosures, even though they largely repeat the same underlying lawsuit. Rosen Investor Deadline Alert

First Solar Stock Performance

First Solar stock opened at $202.59 on Wednesday. First Solar, Inc. has a fifty-two week low of $171.99 and a fifty-two week high of $320.95. The company has a market capitalization of $21.77 billion, a price-to-earnings ratio of 13.09, a PEG ratio of 0.46 and a beta of 1.73. The stock has a fifty day moving average of $247.65 and a two-hundred day moving average of $225.89. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 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 firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter last year, the business posted $1.95 EPS. The firm’s quarterly revenue was up 23.6% compared to the same quarter last year. On average, analysts anticipate that First Solar, Inc. will post 17.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on FSLR. The Goldman Sachs Group lifted their price target on First Solar from $300.00 to $310.00 in a research note on Friday, May 1st. Jefferies Financial Group restated a “hold” rating and set a $207.00 target price on shares of First Solar in a report on Tuesday, July 21st. Mizuho lifted their target price on shares of First Solar from $243.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, June 12th. Citigroup restated a “buy” rating on shares of First Solar in a research report on Wednesday, July 22nd. Finally, Weiss Ratings raised shares of First Solar from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $257.10.

First Solar 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.