E. Ohman J or Asset Management AB Has $35.86 Million Holdings in First Solar, Inc. $FSLR

Key Points

• E. Ohman J or Asset Management AB increased its First Solar stake by 10.8% in the second quarter, bringing its holdings to 151,973 shares valued at approximately $35.86 million. Institutional investors collectively own 92.08% of the company.
• First Solar reported second-quarter EPS of $3.92, beating estimates of $2.90, on $1.06 billion in revenue. Analysts maintain a “Moderate Buy” consensus with an average price target of $254.89.
• Insiders sold 28,579 shares worth about $7.08 million over the past 90 days, with no insider purchases reported in the broader recent trading data, adding a potential near-term selling-pressure concern.

E. Ohman J or Asset Management AB lifted its holdings in First Solar, Inc. (NASDAQ:FSLR - Free Report) by 10.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,973 shares of the solar cell manufacturer's stock after purchasing an additional 14,797 shares during the quarter. First Solar accounts for approximately 0.8% of E. Ohman J or Asset Management AB's investment portfolio, making the stock its 28th biggest holding. E. Ohman J or Asset Management AB owned 0.14% of First Solar worth $35,860,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Pictet Asset Management Holding SA increased its position in shares of First Solar by 29.3% in the first quarter. Pictet Asset Management Holding SA now owns 1,138,473 shares of the solar cell manufacturer's stock valued at $224,540,000 after acquiring an additional 258,204 shares during the last quarter. Atlatl Advisers LLC acquired a new position in First Solar during the fourth quarter valued at approximately $1,697,000. Northwestern Mutual Wealth Management Co. grew its stake in First Solar by 1,054.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 52,219 shares of the solar cell manufacturer's stock valued at $13,641,000 after purchasing an additional 47,695 shares in the last quarter. Genus Capital Management Inc. bought a new position in First Solar in the fourth quarter valued at approximately $4,525,000. Finally, TABR Capital Management LLC acquired a new position in shares of First Solar during the 4th quarter worth approximately $5,626,000. Institutional investors and hedge funds own 92.08% of the company's stock.

Insider Activity at First Solar

In other First Solar news, insider Caroline Stockdale sold 10,628 shares of the stock in a transaction 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 transaction, the insider owned 23,792 shares in the company, valued at $6,557,075.20. This trade represents a 30.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 on Monday, August 3rd. The stock was sold at an average price of $221.51, for a total value of $1,550,570.00. Following the transaction, the insider owned 7,642 shares in the company, valued at $1,692,779.42. The trade was a 47.81% decrease in their position. 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 28,579 shares of company stock valued at $7,084,044 in the last 90 days. Corporate insiders own 0.39% of the company's stock.

Analysts Set New Price Targets

FSLR has been the topic of a number of analyst reports. Freedom Capital upgraded First Solar from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 5th. Weiss Ratings raised shares of First Solar from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, June 25th. Citigroup boosted their target price on shares of First Solar from $294.00 to $297.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. Zacks Research raised shares of First Solar from a "strong sell" rating to a "hold" rating in a research report on Monday, April 27th. Finally, Evercore increased their price target on shares of First Solar from $212.00 to $219.00 in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $254.89.

Trending Headlines about First Solar

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

• Positive Sentiment: Recent analyst actions were supportive: HSBC upgraded First Solar, while another analyst raised the price target to $313. The broader analyst consensus remains cautiously optimistic, with several targets above the current trading range. First Solar Upgraded at HSBC First Solar Price Target Raised to $313
• Positive Sentiment: First Solar reported higher second-quarter 2026 earnings, record quarterly and first-half sales volume, reaffirmed full-year guidance and maintained a 45.1-gigawatt backlog. New U.S. tariffs and minimum-price measures on imported polysilicon-related products could improve the competitive position of domestic manufacturers over time. First Solar’s Profit Engine Faces a New Policy Test in Washington
• Neutral Sentiment: The tariff framework appears strategically favorable, but analysts note that the impact may be staged rather than immediate. Investors are therefore reassessing the timing of stronger pricing power, customer purchasing and project starts. First Solar Slides as Tariff Euphoria Fades
• Negative Sentiment: Multiple law firms publicized a securities class action involving investors who purchased FSLR shares between February 26, 2025, and February 24, 2026. The August 24 lead-plaintiff deadline increases litigation visibility, although the notices do not establish wrongdoing. Rosen Law Firm Securities Action Notice
• Negative Sentiment: Reported trading data showed extensive insider selling, with no insider purchases during the past six months. Institutional ownership data also showed more investors reducing positions than adding shares, reinforcing near-term selling pressure.

First Solar Stock Performance

NASDAQ FSLR opened at $239.33 on Tuesday. The stock has a market cap of $25.72 billion, a PE ratio of 14.76, a P/E/G ratio of 0.55 and a beta of 1.76. The firm has a 50-day moving average of $239.72 and a 200-day moving average of $225.11. First Solar, Inc. has a 52-week low of $176.47 and a 52-week 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 for the quarter, beating the consensus estimate of $2.90 by $1.02. The firm had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business's revenue was down 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.18 EPS. As a group, analysts predict that First Solar, Inc. will post 17.75 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.

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