Munich Reinsurance Co Stock Corp in Munich Purchases New Stake in First Solar, Inc. $FSLR

Munich Reinsurance Co Stock Corp in Munich acquired a new position in First Solar, Inc. (NASDAQ:FSLR) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,456 shares of the solar cell manufacturer’s stock, valued at approximately $983,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of First Solar by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after purchasing an additional 464,130 shares during the period. State Street Corp grew its position in First Solar by 2.1% during the second quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock valued at $881,680,000 after purchasing an additional 111,927 shares in the last quarter. Geode Capital Management LLC grew its position in First Solar by 0.9% during the second quarter. Geode Capital Management LLC now owns 2,857,848 shares of the solar cell manufacturer’s stock valued at $471,927,000 after purchasing an additional 26,476 shares in the last quarter. Viking Global Investors LP increased its stake in First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after buying an additional 854,919 shares during the period. Finally, Schroder Investment Management Group lifted its position in First Solar by 3.7% in the 2nd quarter. Schroder Investment Management Group now owns 1,350,084 shares of the solar cell manufacturer’s stock worth $223,493,000 after buying an additional 47,646 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key Stories Impacting 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 Activity

In other news, CTO Markus Gloeckler sold 3,640 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $196.95, for a total transaction of $716,898.00. Following the completion of the transaction, the chief technology officer directly owned 8,037 shares in the company, valued at $1,582,887.15. The trade was a 31.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Georges Antoun sold 1,958 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $194.95, for a total value of $381,712.10. Following the completion of the sale, the insider directly owned 17,705 shares of the company’s stock, valued at $3,451,589.75. This represents a 9.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 31,975 shares of company stock worth $6,267,492 over the last 90 days. Company insiders own 0.48% of the company’s stock.

First Solar Stock Performance

Shares of FSLR opened at $189.21 on Friday. The company has a market capitalization of $20.30 billion, a PE ratio of 13.32, a price-to-earnings-growth ratio of 0.30 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 2.35. First Solar, Inc. has a one year low of $116.56 and a one year high of $285.99. The company’s fifty day moving average price is $234.09 and its 200 day moving average price is $236.21.

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

Analysts Set New Price Targets

Several research firms have recently commented on FSLR. Daiwa Securities Group boosted their price target on shares of First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a report on Tuesday, December 9th. Barclays dropped their target price on First Solar from $279.00 to $228.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. UBS Group reduced their price target on First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Evercore lowered their price target on First Solar from $241.00 to $212.00 in a research note on Thursday. Finally, Guggenheim increased their price objective on First Solar from $289.00 to $312.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Twenty research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.65.

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.