2,500 Shares in First Solar, Inc. $FSLR Acquired by Keebeck Wealth Management

Keebeck Wealth Management acquired a new stake in shares of First Solar, Inc. (NASDAQ:FSLRFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,500 shares of the solar cell manufacturer’s stock, valued at approximately $590,000.

Other large investors have also recently bought and sold shares of the company. Reflection Asset Management acquired a new stake in First Solar during the 4th quarter worth $26,000. Commonwealth Retirement Investments LLC acquired a new position in First Solar in the fourth quarter valued at about $26,000. Larson Financial Group LLC grew its stake in First Solar by 117.0% in the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares during the period. Elyxium Wealth LLC bought a new stake in shares of First Solar in the fourth quarter worth about $30,000. Finally, MV Capital Management Inc. acquired a new stake in shares of First Solar during the fourth quarter worth about $30,000. Institutional investors own 92.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FSLR. Mizuho set a $324.00 price objective on First Solar in a research report on Thursday, August 13th. Oppenheimer restated a “market perform” rating on shares of First Solar in a report on Friday, July 31st. Robert W. Baird set a $318.00 price target on shares of First Solar and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Truist Financial reiterated a “hold” rating and issued a $229.00 price target (down from $249.00) on shares of First Solar in a report on Friday, July 31st. Finally, Evercore reissued a “positive” rating and set a $218.00 price objective on shares of First Solar in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $264.44.

View Our Latest Report on First Solar

More First Solar News

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

  • Positive Sentiment: First Solar could benefit competitively as a wave of bankruptcies pressures weaker solar-sector companies, potentially improving its relative market position and customer opportunities. First Solar stands to gain as bankruptcy wave hits solar sector
  • Neutral Sentiment: The securities class action covers investors who purchased First Solar shares between February 26, 2025, and February 24, 2026. Investors have been urged to seek lead-plaintiff status by August 24. The deadline notices from Kaplan Fox, Pomerantz, Faruqi & Faruqi, Rosen, SBS, DJS and other firms largely repeat the same information and do not represent a new operating announcement by First Solar. Kaplan Fox class action deadline notice
  • Negative Sentiment: The lawsuit alleges that First Solar and certain officers violated federal securities laws by making misleading statements or omissions. Reported areas of investor concern include underutilization in Series 6 module production and costly challenges associated with expanding domestic manufacturing operations in South Carolina. If the case advances, it could create legal costs, potential damages and reputational risk for First Solar. SueWallSt First Solar class action allegations

Insider Activity at First Solar

In other news, insider Caroline Stockdale sold 10,628 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the sale, the insider owned 23,792 shares in the company, valued at $6,557,075.20. This represents a 30.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $221.51, for a total value of $1,550,570.00. Following the completion of the sale, the insider directly owned 7,642 shares of the company’s stock, valued at approximately $1,692,779.42. The trade was a 47.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 25,709 shares of company stock worth $6,386,163. Insiders own 0.39% of the company’s stock.

First Solar Price Performance

Shares of NASDAQ:FSLR opened at $214.28 on Friday. The company’s 50-day moving average price is $228.86 and its two-hundred day moving average price is $224.26. First Solar, Inc. has a one year low of $182.99 and a one year high of $320.95. The stock has a market capitalization of $23.03 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 0.47 and a beta of 1.75.

First Solar (NASDAQ:FSLRGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating the consensus estimate of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the company earned $3.18 EPS. First Solar’s revenue for the quarter was down 3.4% compared to the same quarter last year. On average, analysts anticipate that First Solar, Inc. will post 17.72 earnings per share for the current fiscal year.

First Solar Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for First Solar (NASDAQ:FSLR)

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