Lansforsakringar Fondforvaltning AB publ Has $7.03 Million Position in First Solar, Inc. $FSLR

Lansforsakringar Fondforvaltning AB publ cut its stake in shares of First Solar, Inc. (NASDAQ:FSLR) by 36.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,636 shares of the solar cell manufacturer’s stock after selling 20,043 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in First Solar were worth $7,030,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of First Solar by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after purchasing an additional 24,206 shares during the period. Viking Global Investors LP grew its stake in shares of 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. Amundi increased its position in First Solar by 9.4% in the 4th quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock valued at $578,791,000 after buying an additional 189,626 shares in the last quarter. Norges Bank bought a new stake in First Solar in the 4th quarter valued at about $392,040,000. Finally, Schroder Investment Management Group raised its stake in First Solar by 7.6% during the 4th quarter. Schroder Investment Management Group now owns 1,427,105 shares of the solar cell manufacturer’s stock worth $372,803,000 after buying an additional 100,908 shares during the period. 92.08% of the stock is currently owned by institutional investors and hedge funds.

Key First Solar News

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

• Negative Sentiment: Multiple law firms, including Rosen, Pomerantz, Bronstein Gewirtz & Grossman, Faruqi & Faruqi, Levi & Korsinsky, and Howard G. Smith, announced or reminded investors about the First Solar securities class action and the August 24, 2026 lead-plaintiff deadline, signaling ongoing legal overhang for the stock. Article: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages First Solar, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FSLR
• Negative Sentiment: The newly filed class action alleges federal securities law violations by First Solar and certain officers, which could raise legal expenses and create uncertainty around management and disclosures. Article: Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSLR
• Neutral Sentiment: First Solar continues to draw market attention as a trending stock, while other commentary points to the company’s thin-film manufacturing expansion and module recycling strategy, which may support the long-term investment case but do not appear to be the main driver of today’s move. Article: How Is First Solar Strengthening Its Module Recycling Leadership?

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FSLR. BMO Capital Markets reduced their price objective on First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. UBS Group upped their target price on First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Barclays reduced their price target on shares of First Solar from $228.00 to $213.00 and set an “overweight” rating for the company in a research report on Monday, April 20th. Sanford C. Bernstein restated an “underperform” rating on shares of First Solar in a research note on Friday, June 26th. Finally, HSBC raised their price objective on shares of First Solar from $211.00 to $231.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $249.78.

Insider Buying and Selling at First Solar

In other First Solar news, insider Caroline Stockdale sold 10,628 shares of First Solar stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $275.60, for a total value of $2,929,076.80. Following the sale, the insider owned 23,792 shares of the company’s stock, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark R. Widmar sold 4,815 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $247.43, for a total value of $1,191,375.45. Following the completion of the transaction, the chief executive officer owned 89,033 shares in the company, valued at approximately $22,029,435.19. The trade was a 5.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 32,466 shares of company stock valued at $8,014,105 in the last ninety days. 0.39% of the stock is owned by corporate insiders.

First Solar Stock Down 3.2%

Shares of NASDAQ:FSLR opened at $224.57 on Friday. The business’s 50 day moving average is $246.84 and its 200 day moving average is $232.12. First Solar, Inc. has a 12-month low of $159.85 and a 12-month high of $320.95. The stock has a market cap of $24.13 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 0.51 and a beta of 1.73. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the firm posted $1.95 EPS. First Solar’s quarterly revenue was up 23.6% compared to the same quarter last year. On average, sell-side analysts forecast that First Solar, Inc. will post 17.61 earnings per share for the current fiscal 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.