Tobam elevated its place in First Photo voltaic, Inc. (NASDAQ:FSLR – Free Report) by 1.6% within the third quarter, based on its most up-to-date disclosure with the SEC. The institutional investor owned 26,367 shares of the photo voltaic cell producer’s inventory after buying an extra 425 shares in the course of the interval. First Photo voltaic accounts for about 1.2% of Tobam’s funding portfolio, making the inventory its twenty ninth greatest holding. Tobam’s holdings in First Photo voltaic have been value $6,577,000 on the finish of the newest reporting interval.
Quite a few different hedge funds have additionally purchased and bought shares of the corporate. CWM LLC grew its stake in First Photo voltaic by 9.1% within the third quarter. CWM LLC now owns 3,971 shares of the photo voltaic cell producer’s inventory value $991,000 after buying an extra 331 shares within the final quarter. True North Advisors LLC acquired a brand new place in First Photo voltaic within the third quarter valued at roughly $212,000. Brookstone Capital Administration boosted its stake in First Photo voltaic by 23.6% within the third quarter. Brookstone Capital Administration now owns 1,698 shares of the photo voltaic cell producer’s inventory valued at $424,000 after buying an extra 324 shares in the course of the interval. Metropolis Holding Co. boosted its stake in First Photo voltaic by 1,377.0% within the third quarter. Metropolis Holding Co. now owns 901 shares of the photo voltaic cell producer’s inventory valued at $225,000 after buying an extra 840 shares in the course of the interval. Lastly, Clear Yield Group boosted its stake in First Photo voltaic by 1.1% within the third quarter. Clear Yield Group now owns 26,382 shares of the photo voltaic cell producer’s inventory valued at $6,581,000 after buying an extra 298 shares in the course of the interval. 92.08% of the inventory is presently owned by institutional buyers and hedge funds.
Insider Shopping for and Promoting at First Photo voltaic
In different First Photo voltaic information, CAO Byron Michael Jeffers bought 1,766 shares of the enterprise’s inventory in a transaction on Wednesday, August seventh. The shares have been bought at a mean worth of $216.50, for a complete transaction of $382,339.00. Following the sale, the chief accounting officer now instantly owns 500 shares of the corporate’s inventory, valued at $108,250. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the Securities & Trade Fee, which is offered by means of this hyperlink. In different information, CAO Byron Michael Jeffers bought 1,766 shares of the corporate’s inventory in a transaction on Wednesday, August seventh. The shares have been bought at a mean worth of $216.50, for a complete worth of $382,339.00. Following the transaction, the chief accounting officer now instantly owns 500 shares of the corporate’s inventory, valued at roughly $108,250. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which will be accessed by means of this hyperlink. Additionally, insider Patrick James Buehler bought 8,619 shares of the corporate’s inventory in a transaction on Tuesday, August thirteenth. The inventory was bought at a mean worth of $222.00, for a complete transaction of $1,913,418.00. Following the completion of the transaction, the insider now instantly owns 3,468 shares within the firm, valued at $769,896. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Insiders have bought a complete of 10,885 shares of firm inventory valued at $2,405,757 within the final three months. 0.58% of the inventory is presently owned by firm insiders.
First Photo voltaic Inventory Down 9.1 %
NASDAQ:FSLR traded down $20.50 throughout buying and selling hours on Thursday, hitting $205.55. 3,939,709 shares of the inventory traded fingers, in comparison with its common quantity of two,363,610. The agency has a 50 day transferring common worth of $227.86 and a 200 day transferring common worth of $220.82. The corporate has a present ratio of two.23, a fast ratio of 1.65 and a debt-to-equity ratio of 0.06. First Photo voltaic, Inc. has a fifty-two week low of $129.21 and a fifty-two week excessive of $306.77. The agency has a market cap of $22.00 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 0.42 and a beta of 1.44.
First Photo voltaic (NASDAQ:FSLR – Get Free Report) final introduced its 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. First Photo voltaic had a web margin of 31.98% and a return on fairness of 17.73%. The corporate had income of $1.01 billion for the quarter, in comparison with the consensus estimate of $939.71 million. Throughout the identical interval within the earlier 12 months, the enterprise earned $1.85 EPS. The corporate’s income was up 24.6% on a year-over-year foundation. Equities analysis analysts anticipate that First Photo voltaic, Inc. will publish 13.62 earnings per share for the present 12 months.
Analysts Set New Value Targets
Quite a few equities analysts have commented on the corporate. Deutsche Financial institution Aktiengesellschaft lifted their goal worth on First Photo voltaic from $215.00 to $280.00 and gave the corporate a “purchase” score in a analysis observe on Friday, June twenty eighth. BMO Capital Markets reduce their worth goal on First Photo voltaic from $311.00 to $286.00 and set an “outperform” score on the inventory in a report on Wednesday, July thirty first. Janney Montgomery Scott reduce First Photo voltaic from a “purchase” score to a “impartial” score in a report on Tuesday, June 18th. Clarkson Capital assumed protection on First Photo voltaic in a report on Wednesday, August 14th. They set a “purchase” score and a $270.00 worth goal on the inventory. Lastly, Truist Monetary assumed protection on First Photo voltaic in a report on Thursday, September twenty sixth. They set a “purchase” score and a $300.00 worth goal on the inventory. 4 equities analysis analysts have rated the inventory with a maintain score and twenty-two have issued a purchase score to the inventory. Based on knowledge from MarketBeat.com, the inventory has a consensus score of “Average Purchase” and a mean goal worth of $285.44.
Learn Our Newest Evaluation on First Photo voltaic
First Photo voltaic Profile
First Photo voltaic, Inc, a photo voltaic know-how firm, supplies photovoltaic (PV) photo voltaic vitality options in the US, France, Japan, Chile, and internationally. The corporate manufactures and sells PV photo voltaic modules with a skinny movie semiconductor know-how that gives a lower-carbon different to standard crystalline silicon PV photo voltaic modules.
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