Keebeck Wealth Management Makes New Investment in First Solar, Inc. $FSLR

Keebeck Wealth Management bought a new position in shares of First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,500 shares of the solar cell manufacturer’s stock, valued at approximately $590,000.

A number of other large investors have also added to or reduced their stakes in the business. Root Financial Partners LLC increased its holdings in shares of First Solar by 18.2% in the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after purchasing an additional 45 shares during the last quarter. Fiduciary Financial Group LLC lifted its stake in shares of First Solar by 2.3% during the 2nd quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock worth $478,000 after buying an additional 45 shares during the last quarter. FIL Ltd boosted its holdings in shares of First Solar by 6.9% during the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after buying an additional 46 shares during the period. Fielder Capital Group LLC boosted its holdings in shares of First Solar by 4.1% during the 4th quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after buying an additional 47 shares during the period. Finally, Burford Brothers Inc. grew its stake in First Solar by 0.3% in the 4th quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer’s stock valued at $4,984,000 after buying an additional 48 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

Key First Solar News

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

• Positive Sentiment: First Solar could benefit competitively as a wave of bankruptcies pressures weaker solar-sector companies, potentially improving its relative market position and customer opportunities. First Solar stands to gain as bankruptcy wave hits solar sector
• Neutral Sentiment: The securities class action covers investors who purchased First Solar shares between February 26, 2025, and February 24, 2026. Investors have been urged to seek lead-plaintiff status by August 24. The deadline notices from Kaplan Fox, Pomerantz, Faruqi & Faruqi, Rosen, SBS, DJS and other firms largely repeat the same information and do not represent a new operating announcement by First Solar. Kaplan Fox class action deadline notice
• Negative Sentiment: The lawsuit alleges that First Solar and certain officers violated federal securities laws by making misleading statements or omissions. Reported areas of investor concern include underutilization in Series 6 module production and costly challenges associated with expanding domestic manufacturing operations in South Carolina. If the case advances, it could create legal costs, potential damages and reputational risk for First Solar. SueWallSt First Solar class action allegations

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Evercore restated a “positive” rating and set a $218.00 price objective on shares of First Solar in a report on Monday. Jefferies Financial Group set a $196.00 target price on First Solar in a research note on Monday, August 3rd. Freedom Capital upgraded First Solar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. TD Cowen reaffirmed a “buy” rating on shares of First Solar in a report on Monday, July 20th. Finally, Argus increased their price objective on First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $264.44.

First Solar Trading Up 0.1%

NASDAQ FSLR opened at $214.28 on Friday. The company has a market cap of $23.03 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 0.47 and a beta of 1.75. The company has a 50 day moving average of $228.86 and a 200-day moving average of $224.26. First Solar, Inc. has a 1-year low of $182.99 and a 1-year high of $320.95.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the business posted $3.18 earnings per share. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts forecast that First Solar, Inc. will post 17.72 earnings per share for the current year.

Insider Activity at First Solar

In related news, insider Caroline Stockdale sold 10,628 shares of the company’s stock in a transaction dated 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 sale, the insider owned 23,792 shares of the company’s stock, valued at $6,557,075.20. This represents a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $222.95, for a total transaction of $28,314.65. Following the sale, the executive vice president owned 2,018 shares in the company, valued at $449,913.10. The trade was a 5.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 25,709 shares of company stock worth $6,386,163 in the last quarter. 0.39% of the stock is currently owned by corporate insiders.

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.