First Solar, Inc. $FSLR Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its holdings in First Solar, Inc. (NASDAQ:FSLR) by 6.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 179,716 shares of the solar cell manufacturer’s stock after acquiring an additional 10,905 shares during the quarter. Russell Investments Group Ltd.’s holdings in First Solar were worth $39,762,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Strategic Wealth Investment Group LLC acquired a new position in First Solar during the second quarter valued at $26,000. Total Investment Management Inc. purchased a new stake in First Solar in the second quarter valued at $36,000. NBT Bank N A NY grew its position 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 worth $49,000 after purchasing an additional 187 shares during the period. Mather Group LLC. acquired a new stake in First Solar during the 3rd quarter worth about $52,000. Finally, Westfuller Advisors LLC purchased a new position in shares of First Solar during the 3rd quarter valued at about $52,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Jefferies Financial Group reissued a “hold” rating and issued a $205.00 price objective on shares of First Solar in a report on Thursday, February 26th. Susquehanna dropped their target price on First Solar from $292.00 to $280.00 and set a “positive” rating on the stock in a report on Wednesday, February 25th. Robert W. Baird reiterated a “neutral” rating and set a $205.00 price target (down from $264.00) on shares of First Solar in a research report on Wednesday, February 25th. Mizuho decreased their price target on First Solar from $326.00 to $271.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lowered their price objective on First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, First Solar currently has an average rating of “Moderate Buy” and an average price target of $249.65.

First Solar News Summary

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

• Positive Sentiment: Analyst support remains: Barclays reiterated an Overweight rating (while trimming its price target), signaling confidence in demand and the company’s growth trajectory — this helps underpin buying interest. Read More.
• Positive Sentiment: Broader analyst/backing and coverage (several buys and outperform ratings from firms such as Guggenheim and Goldman cited in recent notes) reinforce a longer‑term bullish view even as some targets were trimmed — supports conviction among growth/value investors. Read More.
• Neutral Sentiment: Market context: Zacks notes FSLR rose while the broader market dipped — a near‑term technical/flow event rather than fundamental news. Traders may have rotated into defensible renewable names on the pullback. Read More.
• Neutral Sentiment: Relative performance note: commentary that FSLR has lagged some energy peers in 2026 is more market narrative than company news, but can weigh on sentiment/flows if investors favor cyclical energy winners. Read More.
• Negative Sentiment: Significant insider selling on March 9–10: multiple senior executives — including CEO Mark Widmar (5,537 shares, ~\$1.05M) and other C‑suite members — sold stock. The breadth of sales can be perceived as reduced insider exposure or opportunistic monetization and is a short‑term negative for investor sentiment. Read More.
• Negative Sentiment: Pomerantz issued an investor alert investigating claims on behalf of First Solar investors — potential litigation/regulatory scrutiny increases uncertainty and is typically viewed as a near‑term headwind for the stock. Read More.

Insider Transactions at First Solar

In other news, insider Kuntal Kumar Verma sold 3,426 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $671,256.18. Following the completion of the sale, the insider directly owned 8,334 shares in the company, valued at $1,632,880.62. This represents a 29.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Alexander R. Bradley sold 3,194 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $625,800.42. Following the completion of the transaction, the chief financial officer directly owned 40,794 shares in the company, valued at approximately $7,992,768.42. This represents a 7.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 47,761 shares of company stock worth $9,276,424 in the last quarter. 0.48% of the stock is owned by insiders.

First Solar Price Performance

NASDAQ:FSLR opened at $200.25 on Thursday. The stock has a 50 day moving average of $230.08 and a two-hundred day moving average of $236.15. First Solar, Inc. has a 12 month low of $116.56 and a 12 month high of $285.99. The firm has a market cap of $21.49 billion, a P/E ratio of 14.09, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65. 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 (NASDAQ:FSLR) last released its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing the consensus estimate of $5.22 by ($0.38). The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business earned $3.65 EPS. On average, analysts expect that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

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.