15,231 Shares in First Solar, Inc. $FSLR Bought by Cibc World Market Inc.

Cibc World Market Inc. purchased a new position in First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,231 shares of the solar cell manufacturer’s stock, valued at approximately $3,594,000.

Several other institutional investors have also added to or reduced their stakes in the business. Reflection Asset Management purchased a new position in shares of First Solar in the fourth quarter worth about $26,000. Commonwealth Retirement Investments LLC purchased a new stake in First Solar during the 4th quarter valued at about $26,000. Larson Financial Group LLC boosted its holdings in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares during the period. Elyxium Wealth LLC bought a new position in First Solar during the 4th quarter worth approximately $30,000. Finally, MV Capital Management Inc. bought a new position in First Solar during the 4th quarter worth approximately $30,000. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, General Counsel Jason E. Dymbort sold 3,700 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total transaction of $922,706.00. Following the completion of the transaction, the general counsel owned 5,624 shares in the company, valued at $1,402,513.12. This represents a 39.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $222.95, for a total value of $28,314.65. Following the completion of the sale, the executive vice president directly owned 2,018 shares of the company’s stock, valued at $449,913.10. The trade was a 5.92% decrease in their position. 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 15,081 shares of company stock valued at $3,457,086 over the last three months. 0.39% of the stock is currently owned by corporate insiders.

First Solar Price Performance

Shares of NASDAQ:FSLR opened at $205.93 on Thursday. First Solar, Inc. has a 1 year low of $182.99 and a 1 year high of $320.95. The company has a market cap of $22.13 billion, a PE ratio of 12.70, a P/E/G ratio of 0.45 and a beta of 1.75. The stock’s 50-day moving average is $225.43 and its 200 day moving average is $223.58.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company posted $3.18 EPS. First Solar’s quarterly revenue was down 3.4% compared to the same quarter last year. Analysts expect that First Solar, Inc. will post 17.77 EPS for the current fiscal year.

First Solar News Roundup

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

• Positive Sentiment: Argus reaffirmed its Buy rating and set a $275 price target, implying substantial upside from recent trading levels and signaling confidence in First Solar’s valuation and outlook. Benzinga rating report
• Positive Sentiment: Potential U.S. government support could benefit First Solar. New Section 232 tariffs on polysilicon imports may encourage additional domestic-solar investment, including the possibility of government-backed equity arrangements modeled on the Intel deal. However, no such investment in First Solar has been confirmed. Trump solar tariffs article
• Positive Sentiment: Value-focused coverage remains supportive. Zacks identified FSLR as a highly ranked value stock, potentially attracting investors seeking comparatively inexpensive solar exposure. Zacks value-stock article
• Neutral Sentiment: Jim Cramer discussed First Solar alongside several other stocks, but the report provided no specific new recommendation or fundamental update for FSLR. Jim Cramer stock discussion
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, making the figures unreliable or non-informative for trading analysis.
• Negative Sentiment: New FCC restrictions on foreign inverters are favoring SolarEdge more directly, while First Solar and Enphase drifted lower. The policy divergence suggests investors do not view FSLR as a primary beneficiary of the inverter-related rule change. SolarEdge and inverter import curbs article
• Negative Sentiment: Two law firms announced investigations or investor solicitations involving First Solar. These notices can weigh on sentiment by raising concerns about potential shareholder litigation, although they do not establish wrongdoing or financial liability. First Solar investor alert

Analysts Set New Price Targets

FSLR has been the subject of several recent research reports. Argus reiterated a “buy” rating and issued a $275.00 price objective on shares of First Solar in a research report on Wednesday. Mizuho set a $324.00 target price on shares of First Solar in a report on Thursday, August 13th. Guggenheim raised their target price on shares of First Solar from $279.00 to $282.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Jefferies Financial Group set a $196.00 target price on shares of First Solar in a research note on Monday, August 3rd. Finally, Oppenheimer reiterated a “market perform” rating on shares of First Solar in a report on Friday, July 31st. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, First Solar currently has a consensus rating of “Moderate Buy” and an average price target of $265.37.

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.