SPX Gestao de Recursos Ltda Takes $25.64 Million Position in First Solar, Inc. $FSLR

SPX Gestao de Recursos Ltda bought a new stake in shares of First Solar, Inc. (NASDAQ:FSLR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 116,250 shares of the solar cell manufacturer’s stock, valued at approximately $25,637,000. First Solar accounts for 2.1% of SPX Gestao de Recursos Ltda’s portfolio, making the stock its 15th biggest holding. SPX Gestao de Recursos Ltda owned 0.11% of First Solar as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FSLR. Strategic Wealth Investment Group LLC bought a new stake in First Solar in the second quarter valued at approximately $26,000. Hantz Financial Services Inc. grew its holdings in shares of First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock worth $30,000 after purchasing an additional 75 shares during the last quarter. Total Investment Management Inc. bought a new position in shares of First Solar in the second quarter worth approximately $36,000. CYBER HORNET ETFs LLC purchased a new position in shares of First Solar in the second quarter worth $47,000. Finally, NBT Bank N A NY raised its holdings in First Solar by 550.0% during the 3rd quarter. NBT Bank N A NY now owns 221 shares of the solar cell manufacturer’s stock valued at $49,000 after buying an additional 187 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on FSLR shares. Robert W. Baird reissued a “neutral” rating and issued a $205.00 price target (down from $264.00) on shares of First Solar in a report on Wednesday, February 25th. The Goldman Sachs Group lowered their price objective on shares of First Solar from $316.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Wolfe Research lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Daiwa Securities Group raised their target price on First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 9th. Finally, DZ Bank upgraded First Solar to a “strong sell” rating in a report on Thursday, February 26th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, First Solar has a consensus rating of “Moderate Buy” and an average price target of $249.65.

Trending Headlines about First Solar

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

• Positive Sentiment: U.S. manufacturing expansion: First Solar commissioned a new factory in Louisiana and plans additional capacity in South Carolina, improving domestic supply‑chain positioning and medium/long‑term revenue visibility. First Solar Expands US Manufacturing Footprint
• Neutral Sentiment: Options and retail/trending activity are elevated, which can amplify intraday swings but do not change the company’s fundamentals. Behind the Scenes of First Solar’s Latest Options Trends
• Negative Sentiment: 2026 guidance disappointed analysts, triggering multiple downgrades and the primary near‑term selling pressure as investors reprice earnings/margins. 2026 Guidance Disappoints, Triggers Downgrades
• Negative Sentiment: Analyst price‑target cuts (examples: Evercore to $212, Morgan Stanley to $230, Barclays to $228, Argus to $250) reduce headline upside and analyst support. Analyst Price Target Moves
• Negative Sentiment: Insider selling disclosed on March 4 — CTO Markus Gloeckler sold ~3,640 shares (~$717k) and CAO Nathan Theurer sold 92 shares — which some investors view as a negative signal even if routine. CTO Insider Sale SEC Filing
• Negative Sentiment: Pomerantz LLP announced an investor investigation into First Solar, introducing legal/financial risk that could increase near‑term cautiousness. Pomerantz Investigates First Solar
• Negative Sentiment: High‑profile negative commentary (e.g., Jim Cramer calling the recent quarter “one awful quarter”) can amplify short‑term selling momentum among retail traders. Jim Cramer on First Solar

Insider Buying and Selling

In other First Solar news, CFO Alexander R. Bradley sold 3,194 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $625,800.42. Following the completion of the sale, the chief financial officer directly owned 40,794 shares in the company, valued at $7,992,768.42. This trade represents a 7.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Mark R. Widmar sold 7,738 shares of First Solar stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $1,516,106.34. Following the sale, the chief executive officer directly owned 91,787 shares in the company, valued at approximately $17,983,826.91. The trade was a 7.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 31,975 shares of company stock valued at $6,267,492 over the last quarter. 0.48% of the stock is currently owned by insiders.

First Solar Stock Down 1.4%

Shares of First Solar stock opened at $189.21 on Friday. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 12-month low of $116.56 and a 12-month high of $285.99. The company has a market cap of $20.30 billion, a P/E ratio of 13.32, a PEG ratio of 0.31 and a beta of 1.65. The company’s fifty day simple moving average is $234.09 and its two-hundred day simple moving average is $236.03.

First Solar (NASDAQ:FSLR) last posted its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38). The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $3.65 earnings per share. Research analysts anticipate that First Solar, Inc. will post 13.05 EPS for the current year.

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.