Wealthfront Advisers LLC Has $3.69 Million Stock Holdings in First Solar, Inc. $FSLR

Wealthfront Advisers LLC boosted its holdings in shares of First Solar, Inc. (NASDAQ:FSLR) by 52.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,127 shares of the solar cell manufacturer’s stock after acquiring an additional 4,878 shares during the period. Wealthfront Advisers LLC’s holdings in First Solar were worth $3,690,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FSLR. Viking Global Investors LP raised its holdings in First Solar by 60.6% during the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after buying an additional 854,919 shares during the last quarter. Lightrock Netherlands B.V. raised its holdings in First Solar by 2,663.8% during the fourth quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after buying an additional 642,199 shares during the last quarter. Amundi raised its holdings in First Solar by 38.6% during the third quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock worth $459,917,000 after buying an additional 564,032 shares during the last quarter. Vanguard Group Inc. raised its holdings in First Solar by 3.5% during the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after buying an additional 464,130 shares during the last quarter. Finally, Atreides Management LP acquired a new position in First Solar during the second quarter worth $65,134,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on FSLR shares. BMO Capital Markets lowered their price objective on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating on the stock in a report on Monday, April 20th. DZ Bank upgraded shares of First Solar to a “strong sell” rating in a report on Thursday, February 26th. Glj Research downgraded shares of First Solar from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $314.43 to $207.82 in a report on Wednesday, March 4th. Evercore lowered their target price on shares of First Solar from $241.00 to $212.00 in a report on Thursday, March 5th. Finally, Susquehanna lowered their target price on shares of First Solar from $280.00 to $250.00 and set a “positive” rating for the company in a report on Thursday, April 9th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.10.

Key Stories Impacting First Solar

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

• Positive Sentiment: Q1 earnings and margins beat expectations: First Solar reported $3.22 GAAP EPS vs. consensus ~$2.87 and record quarterly revenue (~$1.04B), with notable margin expansion that improves near‑term earnings visibility. Company Press Release
• Positive Sentiment: Guidance reaffirmed: Management reconfirmed FY2026 net sales ($4.9B–$5.2B) and adjusted EBITDA ($2.6B–$2.8B), removing some uncertainty around full‑year expectations and supporting valuation models. Quiver Quant Article
• Positive Sentiment: Strong bookings and demand mix: Management highlighted gross bookings (1.9 GW) and growth in key markets (India and U.S. utility scale), signaling continued sales momentum. Earnings Transcript (The Motley Fool)
• Positive Sentiment: Secular demand thesis reinforced by management: CEO Mark Widmar discussed rising power demand (including AI data centers) and U.S. manufacturing scale on TV, underscoring long‑term growth drivers. CEO Interview (YouTube)
• Neutral Sentiment: Guidance nuance — midpoint slightly below some sell‑side estimates: while guidance was reaffirmed, the midpoint was reported modestly under some analyst models, which could temper upside expectations. Yahoo Finance Recap
• Neutral Sentiment: Analyst and institutional positioning mixed: median price target sits well above current levels but firms have recently trimmed or raised targets unevenly; institutional flows show major rebalances. These mixed signals can limit conviction. Quiver Quant — analyst & institutional data
• Negative Sentiment: Heavy insider selling: recent disclosures show numerous insider sales (no purchases) over the past six months, which some investors view as a governance or timing concern. Quiver Quant — insider trading
• Negative Sentiment: Ongoing trade/tariff and policy risk: multiple reports note management is navigating tariff and regulatory uncertainty; this remains a tail risk that could widen volatility despite the beat. MSN — Tariffs Article

First Solar Stock Performance

Shares of FSLR stock opened at $211.71 on Friday. The firm has a 50-day moving average of $198.46 and a 200-day moving average of $231.76. The company has a market cap of $22.75 billion, a P/E ratio of 14.90, a P/E/G ratio of 0.46 and a beta of 1.57. 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 one year low of $122.47 and a one year high of $285.99.

First Solar (NASDAQ:FSLR) last announced its earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, beating the consensus estimate of $2.87 by $0.35. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. First Solar had a net margin of 30.73% and a return on equity of 18.44%. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.95 earnings per share. Equities research analysts forecast that First Solar, Inc. will post 17.41 EPS for the current fiscal year.

Insider Activity at First Solar

In related news, CEO Mark R. Widmar sold 7,738 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 transaction of $1,516,106.34. Following the completion of the transaction, the chief executive officer owned 91,787 shares in the company, valued at approximately $17,983,826.91. This represents a 7.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Markus Gloeckler sold 3,640 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $196.95, for a total transaction of $716,898.00. Following the transaction, the chief technology officer owned 8,037 shares of the company’s stock, valued at approximately $1,582,887.15. The trade was a 31.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 76,562 shares of company stock valued at $15,042,232 in the last 90 days. 0.39% of the stock is currently owned by company insiders.

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.