Danske Bank A S Invests $21.84 Million in First Solar, Inc. $FSLR

Danske Bank A S bought a new stake in First Solar, Inc. (NASDAQ:FSLR) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 92,572 shares of the solar cell manufacturer’s stock, valued at approximately $21,843,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Woodline Partners LP boosted its stake in shares of First Solar by 40.7% during the 1st quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after acquiring an additional 2,615 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in First Solar by 50.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the solar cell manufacturer’s stock worth $85,000 after purchasing an additional 174 shares during the period. Brown Advisory Inc. raised its holdings in 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 purchasing an additional 2,072 shares during the period. Cerity Partners LLC purchased a new position in First Solar during the second quarter worth approximately $494,000. Finally, AXA S.A. boosted 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 worth $3,122,000 after purchasing an additional 1,115 shares in the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

First Solar Price Performance

Shares of First Solar stock opened at $214.06 on Friday. The stock has a market cap of $23.00 billion, a P/E ratio of 13.20, a P/E/G ratio of 0.49 and a beta of 1.75. The stock’s 50 day simple moving average is $229.93 and its 200-day simple moving average is $224.33. First Solar, Inc. has a 1-year low of $182.99 and a 1-year high of $320.95.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS 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 firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the firm earned $3.18 earnings per share. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. As a group, research analysts expect that First Solar, Inc. will post 17.72 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FSLR. Roth Capital reissued a “buy” rating and issued a $300.00 price objective on shares of First Solar in a report on Friday, July 24th. Zacks Research raised shares of First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. TD Cowen restated a “buy” rating on shares of First Solar in a research report on Monday, July 20th. Guggenheim lifted their target price on shares of First Solar from $279.00 to $282.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Argus boosted their target price on shares of First Solar from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $264.44.

Insider Transactions at First Solar

In other First Solar news, EVP Samantha L. Sloan sold 127 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $222.95, for a total transaction of $28,314.65. Following the completion of the sale, the executive vice president owned 2,018 shares of the company’s stock, valued at $449,913.10. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jason E. Dymbort sold 3,700 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total value of $922,706.00. Following the sale, the general counsel directly owned 5,624 shares of the company’s stock, valued at $1,402,513.12. The trade was a 39.68% decrease in their ownership of the stock. 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 have sold a total of 25,709 shares of company stock valued at $6,386,163 in the last three months. 0.39% of the stock is currently owned by corporate insiders.

Key Stories Impacting First Solar

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

• Positive Sentiment: First Solar could benefit from a wave of solar-industry bankruptcies if weaker competitors exit the market, potentially reducing competition and supporting demand for its domestically produced thin-film modules. First Solar stands to gain as bankruptcy wave hits solar sector
• Positive Sentiment: Some market commentary argues that First Solar may be undervalued, while a 15% tariff on imported polysilicon could support domestic pricing and cash flow. These factors offer potential offsets to the company’s legal and policy risks. First Solar Stock Could Be 30% Undervalued As Tariff News Lifts Sentiment
• Neutral Sentiment: First Solar executive Samantha Sloan sold 127 shares for approximately $28,315 to cover tax withholding on vested equity awards. The small, tax-related transaction is unlikely to represent a meaningful change in management’s view of the business.
• Negative Sentiment: Several law firms are promoting a securities class action against First Solar and certain officers. The lawsuit alleges investors were misled about Series 6 module production underutilization, the costs and challenges of moving operations to South Carolina, and related tariff and production risks during the February 26, 2025–February 24, 2026 class period. The allegations have not been proven, but potential damages, legal costs and reputational harm are weighing on sentiment. Investors have until August 24, 2026, to seek lead-plaintiff status. Pomerantz Announces First Solar Class Action

About First Solar

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.