Mediolanum International Funds Ltd Has $5.65 Million Holdings in First Solar, Inc. $FSLR

Mediolanum International Funds Ltd decreased its holdings in First Solar, Inc. (NASDAQ:FSLR) by 67.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,598 shares of the solar cell manufacturer’s stock after selling 62,101 shares during the quarter. Mediolanum International Funds Ltd’s holdings in First Solar were worth $5,651,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Woodline Partners LP boosted its position in shares of First Solar by 40.7% during the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock valued at $1,143,000 after buying an additional 2,615 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of First Solar by 50.9% during the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock valued at $85,000 after purchasing an additional 174 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of First Solar by 84.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,529 shares of the solar cell manufacturer’s stock worth $750,000 after buying an additional 2,072 shares during the last quarter. Cerity Partners LLC bought a new position in First Solar in the 2nd quarter valued at $494,000. Finally, AXA S.A. grew its position in First Solar by 6.3% during the second quarter. AXA S.A. now owns 18,862 shares of the solar cell manufacturer’s stock valued at $3,122,000 after buying an additional 1,115 shares during the period. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar Price Performance

FSLR stock opened at $205.31 on Tuesday. The firm has a 50 day simple moving average of $250.67 and a two-hundred day simple moving average of $228.33. The stock has a market cap of $22.06 billion, a PE ratio of 13.26, a P/E/G ratio of 0.47 and a beta of 1.73. First Solar, Inc. has a one year low of $171.99 and a one year high of $320.95. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.35. First Solar had a net margin of 30.73% and a return on equity of 18.01%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter last year, the company posted $1.95 EPS. The business’s quarterly revenue was up 23.6% on a year-over-year basis. On average, analysts predict that First Solar, Inc. will post 17.54 EPS for the current fiscal year.

Insider Activity

In related news, CEO Mark R. Widmar sold 4,815 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $247.43, for a total transaction of $1,191,375.45. Following the transaction, the chief executive officer directly owned 89,033 shares of the company’s stock, valued at approximately $22,029,435.19. This trade represents a 5.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kuntal Kumar Verma sold 582 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $250.00, for a total value of $145,500.00. Following the transaction, the insider directly owned 4,967 shares in the company, valued at approximately $1,241,750. This represents a 10.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 31,893 shares of company stock valued at $7,893,775. 0.39% of the stock is owned by insiders.

First Solar News Roundup

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

• Negative Sentiment: Multiple law firms, including Rosen, Faruqi & Faruqi, Glancy Prongay Wolke & Rotter, Kaplan Fox, and Bronstein, Gewirtz & Grossman, issued reminders about the Aug. 24, 2026 lead-plaintiff deadline in a filed class action against First Solar, which keeps legal overhang front and center for shareholders.
• Negative Sentiment: Levi & Korsinsky said the case focuses on alleged misrepresentations about Series 6 module production underutilization and the challenges of onshoring operations to South Carolina, adding to concerns about operational execution and disclosure risk.
• Neutral Sentiment: Several market-related articles also highlighted First Solar as a notable solar/green-energy name, but these pieces were broad industry commentary rather than company-specific catalysts.
• Neutral Sentiment: BMO Capital reportedly kept a Hold rating on First Solar, suggesting analysts remain cautious but not outright bearish on the stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Sanford C. Bernstein reissued an “underperform” rating on shares of First Solar in a research report on Friday, June 26th. Jefferies Financial Group decreased their price objective on First Solar from $205.00 to $187.00 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. Citigroup dropped their price objective on First Solar from $300.00 to $243.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. Mizuho raised their price objective on shares of First Solar from $243.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, June 12th. Finally, Susquehanna raised their price objective on shares of First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, First Solar currently has a consensus rating of “Moderate Buy” and an average target price of $256.41.

First Solar 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.