Sentry Funding Administration LLC lowered its place in First Photo voltaic, Inc. (NASDAQ:FSLR – Free Report) by 17.0% within the second quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities & Alternate Fee. The institutional investor owned 465 shares of the photo voltaic cell producer’s inventory after promoting 95 shares in the course of the quarter. Sentry Funding Administration LLC’s holdings in First Photo voltaic have been value $105,000 on the finish of the newest quarter.
A number of different hedge funds and different institutional buyers have additionally made modifications to their positions in FSLR. Vanguard Group Inc. raised its place in First Photo voltaic by 0.9% in the course of the first quarter. Vanguard Group Inc. now owns 12,257,053 shares of the photo voltaic cell producer’s inventory value $2,068,991,000 after buying a further 105,236 shares over the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its place in shares of First Photo voltaic by 11.1% in the course of the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 2,801,916 shares of the photo voltaic cell producer’s inventory value $472,963,000 after buying a further 279,719 shares over the last quarter. Schroder Funding Administration Group lifted its stake in First Photo voltaic by 16.7% within the 4th quarter. Schroder Funding Administration Group now owns 2,454,499 shares of the photo voltaic cell producer’s inventory valued at $422,861,000 after shopping for a further 351,540 shares within the final quarter. Norges Financial institution acquired a brand new stake in First Photo voltaic in the course of the 4th quarter valued at $298,123,000. Lastly, Northern Belief Corp elevated its place in First Photo voltaic by 1.7% in the course of the fourth quarter. Northern Belief Corp now owns 1,020,527 shares of the photo voltaic cell producer’s inventory value $175,816,000 after shopping for a further 16,756 shares within the final quarter. Institutional buyers and hedge funds personal 92.08% of the corporate’s inventory.
First Photo voltaic Value Efficiency
First Photo voltaic inventory opened at $235.95 on Friday. The agency has a fifty day transferring common of $220.93 and a 200-day transferring common of $209.11. First Photo voltaic, Inc. has a 52-week low of $129.21 and a 52-week excessive of $306.77. The corporate has a fast ratio of 1.65, a present ratio of two.23 and a debt-to-equity ratio of 0.06. The agency has a market capitalization of $25.26 billion, a P/E ratio of 24.73, a PEG ratio of 0.35 and a beta of 1.44.
First Photo voltaic (NASDAQ:FSLR – Get Free Report) final introduced its quarterly earnings outcomes on Tuesday, July thirtieth. The photo voltaic cell producer reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.56. The agency had income of $1.01 billion in the course of the quarter, in comparison with the consensus estimate of $939.71 million. First Photo voltaic had a return on fairness of 17.73% and a web margin of 31.98%. The agency’s quarterly income was up 24.6% in comparison with the identical quarter final yr. Throughout the identical interval within the prior yr, the agency earned $1.85 EPS. As a bunch, analysts predict that First Photo voltaic, Inc. will submit 13.6 EPS for the present yr.
Wall Avenue Analyst Weigh In
FSLR has been the subject of numerous analyst stories. Oppenheimer elevated their value goal on First Photo voltaic from $325.00 to $326.00 and gave the corporate an “outperform” score in a analysis notice on Wednesday, July thirty first. Piper Sandler lifted their value goal on shares of First Photo voltaic from $219.00 to $250.00 and gave the inventory an “obese” score in a report on Monday, July twenty second. Robert W. Baird lowered their value goal on shares of First Photo voltaic from $344.00 to $307.00 and set an “outperform” score on the inventory in a analysis notice on Tuesday, July 2nd. JPMorgan Chase & Co. lifted their goal value on shares of First Photo voltaic from $262.00 to $282.00 and gave the inventory an “obese” score in a analysis notice on Tuesday, July sixteenth. Lastly, Barclays boosted their value goal on First Photo voltaic from $280.00 to $290.00 and gave the corporate an “obese” score in a report on Friday, August 2nd. 5 analysis analysts have rated the inventory with a maintain score and twenty-one have issued a purchase score to the inventory. Based mostly on knowledge from MarketBeat.com, the inventory presently has a median score of “Reasonable Purchase” and a consensus value goal of $277.25.
View Our Newest Evaluation on FSLR
Insider Shopping for and Promoting
In different First Photo voltaic information, insider Patrick James Buehler bought 8,619 shares of the inventory in a transaction that occurred on Tuesday, August thirteenth. The shares have been bought at a median value of $222.00, for a complete worth of $1,913,418.00. Following the completion of the sale, the insider now owns 3,468 shares of the corporate’s inventory, valued at $769,896. The sale was disclosed in a submitting with the Securities & Alternate Fee, which may be accessed by way of this hyperlink. In associated information, CAO Byron Michael Jeffers bought 1,766 shares of the inventory in a transaction dated Wednesday, August seventh. The inventory was bought at a median value of $216.50, for a complete worth of $382,339.00. Following the completion of the transaction, the chief accounting officer now owns 500 shares of the corporate’s inventory, valued at $108,250. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is offered at the SEC web site. Additionally, insider Patrick James Buehler bought 8,619 shares of First Photo voltaic inventory in a transaction that occurred on Tuesday, August thirteenth. The inventory was bought at a median value of $222.00, for a complete worth of $1,913,418.00. Following the sale, the insider now owns 3,468 shares within the firm, valued at $769,896. The disclosure for this sale may be discovered right here. Within the final ninety days, insiders have bought 12,506 shares of firm inventory valued at $2,827,217. Company insiders personal 0.58% of the corporate’s inventory.
About First Photo voltaic
First Photo voltaic, Inc, a photo voltaic expertise firm, supplies photovoltaic (PV) photo voltaic power options in america, France, Japan, Chile, and internationally. The corporate manufactures and sells PV photo voltaic modules with a skinny movie semiconductor expertise that gives a lower-carbon various to traditional crystalline silicon PV photo voltaic modules.
See Additionally
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