M. Kulyk & Associates LLC Takes Position in First Solar, Inc. $FSLR

M. Kulyk & Associates LLC purchased a new position in shares of First Solar, Inc. (NASDAQ:FSLR - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,783 shares of the solar cell manufacturer's stock, valued at approximately $3,016,000.

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

Wall Street Analyst Weigh In

FSLR has been the topic of several recent research reports. Susquehanna increased their target price on First Solar from $250.00 to $270.00 and gave the stock a "positive" rating in a research report on Friday, July 10th. Morgan Stanley lifted their price target on First Solar from $245.00 to $323.00 and gave the company an "overweight" rating in a research report on Tuesday. Oppenheimer reiterated a "market perform" rating on shares of First Solar in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft raised First Solar from a "hold" rating to a "buy" rating and increased their price objective for the stock from $245.00 to $272.00 in a report on Monday, July 6th. Finally, Mizuho set a $324.00 target price on First Solar in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $264.44.

First Solar Trading Up 1.0%

FSLR stock opened at $220.01 on Wednesday. The company's 50 day moving average is $231.60 and its 200 day moving average is $224.42. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 13.56, a price-to-earnings-growth 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 announced its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the business posted $3.18 earnings per share. First Solar's revenue for the quarter was down 3.4% on a year-over-year basis. As a group, sell-side analysts forecast that First Solar, Inc. will post 17.75 EPS for the current fiscal year.

Insider Activity

In related news, insider Caroline Stockdale sold 10,628 shares of the company's stock in a transaction on Thursday, May 28th. The shares were 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 approximately $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 829 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $248.00, for a total value of $205,592.00. Following the completion of the transaction, the chief technology officer directly owned 6,642 shares in the company, valued at approximately $1,647,216. This represents a 11.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 31,106 shares of company stock worth $7,723,039. Corporate insiders own 0.39% of the company's stock.

Key Headlines Impacting First Solar

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 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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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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