First Solar, Inc. $FSLR Stake Boosted by Perfromance Wealth Partners LLC

Perfromance Wealth Partners LLC increased its holdings in First Solar, Inc. (NASDAQ:FSLR) by 45.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,177 shares of the solar cell manufacturer’s stock after buying an additional 4,100 shares during the quarter. Perfromance Wealth Partners LLC’s holdings in First Solar were worth $3,442,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aventura Private Wealth LLC bought a new position in First Solar in the 4th quarter worth approximately $25,000. Strategic Wealth Investment Group LLC bought a new position in First Solar in the 2nd quarter worth approximately $26,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in First Solar in the 3rd quarter worth approximately $44,000. Harbor Investment Advisory LLC grew its holdings in First Solar by 41.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 204 shares of the solar cell manufacturer’s stock worth $53,000 after buying an additional 60 shares in the last quarter. Finally, Total Investment Management Inc. bought a new position in First Solar in the 2nd quarter worth approximately $36,000. 92.08% of the stock is owned by institutional investors.

Insider Activity at First Solar

In other news, CEO Mark R. Widmar sold 1,937 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $200.80, for a total transaction of $388,949.60. Following the completion of the sale, the chief executive officer owned 102,798 shares in the company, valued at approximately $20,641,838.40. This represents a 1.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kuntal Kumar Verma sold 180 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $199.53, for a total value of $35,915.40. Following the sale, the insider owned 9,436 shares of the company’s stock, valued at $1,882,765.08. This trade represents a 1.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 75,989 shares of company stock worth $14,921,902. 0.48% of the stock is owned by corporate insiders.

First Solar News Roundup

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

• Positive Sentiment: Company fundamentals: First Solar reported solid revenue growth and strong margins in its last quarterly report (year‑over‑year revenue up, net margin ~29%) — a reminder that the business still generates attractive cashflow and profitability despite recent headwinds.
• Neutral Sentiment: Project and market tailwinds: New utility-scale solar projects (e.g., Geronimo Power’s 117MW Dodson Creek project in PJM) support long‑term demand for solar modules and grid buildout, which is structurally positive for module manufacturers like First Solar. Geronimo Power begins operations at 117MW solar project in Ohio
• Neutral Sentiment: Investor research and screeners publishing mixed takes on FSLR’s valuation and outlook — some outlets ask whether FSLR is a buy now and summarize bearish theses; these pieces can keep volatility elevated but don’t alter fundamentals immediately. Is First Solar, Inc. (FSLR) A Good Stock To Buy Now? Is First Solar, Inc. (FSLR) A Good Stock To Buy Now?
• Negative Sentiment: Analyst price‑target cut: Jefferies lowered its FSLR price target to $187 (from $205) and kept a Hold rating, citing logistics/inflationary pressure that could compress near‑term margins — this is the most direct catalyst behind today’s selling pressure. First Solar Price Target Cut by Jefferies as Logistics Inflation Threatens Near-Term Margins
• Negative Sentiment: Market reaction coverage: Reports highlighting the stock’s decline and restating analyst concerns (logistics inflation, margin risk, and cautious ratings) amplify downside momentum as momentum and sentiment drive near‑term flows. First Solar (FSLR) Stock Sinks As Market Gains: Here’s Why

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. HSBC reissued a “hold” rating and issued a $211.00 price objective (down from $280.00) on shares of First Solar in a report on Wednesday, February 25th. Barclays decreased their price objective on First Solar from $279.00 to $228.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft lowered First Solar from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $300.00 to $245.00 in a report on Wednesday, February 25th. Needham & Company LLC upped their target price on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, JPMorgan Chase & Co. cut their target price on First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $247.17.

First Solar Stock Performance

FSLR opened at $192.31 on Wednesday. The company has a market capitalization of $20.64 billion, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 0.35 and a beta of 1.61. 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 1-year low of $116.56 and a 1-year high of $285.99. The business has a 50 day moving average price of $210.11 and a two-hundred day moving average price of $235.40.

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 analysts’ consensus estimates of $5.22 by ($0.38). The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the company earned $3.65 earnings per share. Research analysts predict that First Solar, Inc. will post 13.05 EPS 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.