Deutsche Bank AG Acquires New Position in First Solar, Inc. $FSLR

Key Points

• Deutsche Bank acquired 901,111 First Solar shares worth approximately $212.6 million, giving it a 0.84% stake. Institutional investors collectively own 92.08% of the company, with several other major funds also adding shares.
• First Solar reported quarterly EPS of $3.92, beating the $2.90 consensus estimate, on revenue of $1.06 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $264.44.
• Company insiders have sold 31,106 shares worth about $7.7 million over the past 90 days, while changing U.S. policies, tariffs and a newly reported securities class-action lawsuit pose potential risks to investor sentiment and future earnings.

Deutsche Bank AG acquired a new stake in shares of First Solar, Inc. (NASDAQ:FSLR - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 901,111 shares of the solar cell manufacturer's stock, valued at approximately $212,626,000. Deutsche Bank AG owned approximately 0.84% of First Solar as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of First Solar during the fourth quarter valued at approximately $392,040,000. Viking Global Investors LP raised its holdings in First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer's stock worth $375,122,000 after acquiring an additional 854,919 shares during the last quarter. Polar Capital Holdings Plc purchased a new position in First Solar in the 4th quarter worth approximately $200,109,000. Bank of New York Mellon Corp bought a new position in First Solar in the 2nd quarter valued at approximately $164,962,000. Finally, Amundi lifted its position in First Solar by 38.6% in the 3rd quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer's stock valued at $459,917,000 after acquiring an additional 564,032 shares in the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other First Solar news, General Counsel Jason E. Dymbort sold 3,700 shares of the 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 transaction, the general counsel owned 5,624 shares of the company's stock, valued at approximately $1,402,513.12. This represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the firm's stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $275.60, for a total value of $2,929,076.80. Following the completion of the transaction, the insider directly owned 23,792 shares in the company, valued at $6,557,075.20. The trade was a 30.88% 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. Insiders have sold 31,106 shares of company stock valued at $7,723,039 in the last 90 days. Insiders own 0.39% of the company's stock.

Wall Street Analyst Weigh In

FSLR has been the subject of a number of research analyst reports. Robert W. Baird set a $318.00 target price on First Solar and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Roth Capital reaffirmed a "buy" rating and set a $300.00 price target on shares of First Solar in a report on Friday, July 24th. Oppenheimer reaffirmed a "market perform" rating on shares of First Solar in a report on Friday, July 31st. Citigroup increased their price objective on First Solar from $294.00 to $297.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Finally, TD Cowen reiterated a "buy" rating on shares of First Solar in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $264.44.

First Solar Trading Up 1.0%

Shares of FSLR opened at $220.01 on Wednesday. The firm has a fifty day simple moving average of $231.60 and a two-hundred day simple moving average of $224.42. The firm has a market cap of $23.64 billion, a PE ratio of 13.56, a P/E/G ratio of 0.49 and a beta of 1.76. First Solar, Inc. has a 1-year low of $182.99 and a 1-year high of $320.95.

First Solar (NASDAQ:FSLR - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the business posted $3.18 EPS. The company's revenue for the quarter was down 3.4% on a year-over-year basis. As a group, research analysts forecast that First Solar, Inc. will post 17.75 EPS for the current fiscal year.

First Solar News Summary

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

• Positive Sentiment: First Solar was highlighted among the stronger second-quarter renewable-energy performers. The company’s latest results included adjusted EPS of $3.92, well above the $2.90 consensus estimate, while its contracted backlog remains substantial. Q2 Earnings Outperformers: First Solar and the Rest of the Renewable Energy Stocks
• Positive Sentiment: Zacks identified FSLR as a strong momentum stock, which may support investor interest following its earnings outperformance and relatively attractive valuation metrics. Why First Solar Is a Strong Momentum Stock
• Neutral Sentiment: Analyst and industry coverage continues to focus on strong solar demand, but changing U.S. policies, tariffs and import rules could affect pricing, customer decisions and First Solar’s 2026 earnings outlook. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Neutral Sentiment: Institutional positioning was mixed: several large investors added FSLR shares in the second quarter, while others reduced holdings. Separately, unusually heavy put-option activity suggests increased hedging or bearish speculation, but does not establish the market’s future direction.
• Negative Sentiment: First Solar faces a securities class-action lawsuit filed in federal court. The complaint alleges that the company and certain executives made misleading statements regarding tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. Multiple law firms are publicizing an August 24 lead-plaintiff deadline. The allegations have not been proven, but the litigation adds reputational, financial and sentiment risk. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold a small number of shares to cover tax withholding obligations related to vested equity awards. Because the sale was designated for taxes and represented only 127 shares, it is unlikely to be a major fundamental signal.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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