E. Ohman J:or Asset Management 13F: Cuts FSLR Stake by $10M

E. Ohman J:or Asset Management lowered its position in First Solar, Inc. (NASDAQ:FSLR) by 57,181 shares during the quarter, according to a Form 13F filing on October 22, 2026. The institutional investor owned 151,973 shares previously and held 94,792 shares after the sale. That change worked out to a 37.6% decrease, leaving the remaining stake valued at roughly $16.6 million.

FSLR First Solar, Inc.

$172.37 ▼ -37.17% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in E. Ohman J:or Asset Management's First Solar Position

The asset manager stepped back from its investment in the solar panel maker by offloading more than a third of its shares. The reduced block of 94,792 shares carried a reported value of $16,603,767 at the time of the filing. First Solar shares closed at $168.95 on the day the filing went public.

Other Institutional Activity in First Solar

Other large investors have adjusted their positions around the solar company as well. Hill City Capital, Lp grew its holdings by 450,543 shares, ending with 2,628,130 shares worth about $444.0 million in data filed for the period ending June 30, 2026.

First Solar, Inc. Stock Down 1.7%

First Solar shares recently traded around $171.53 as of October 22, 2026, up about 1.5% from their close of $168.95 on the filing date. The stock trades near the bottom of its 52-week range of $168.60 to $320.95, hovering below both its 50-day moving average of $195.43 and its 200-day moving average of $218.40. The company carries a market capitalization of roughly $18.8 billion and a price-to-earnings ratio of 10.8.

Recent Earnings

First Solar posted trailing twelve month revenue of $5.38 billion alongside earnings of $16.22 per share. The business operates with a net profit margin of 32.5% and a return on equity of 18.5%. Investors look toward the company's next scheduled earnings report on October 29, 2026.

Insider Buying and Selling at First Solar, Inc.

Company insiders executed several sales prior to the filing. Chief Technology Officer Markus Gloeckler sold 4,254 shares on August 4, 2026, followed by a separate sale of 800 shares on September 1, 2026. General Counsel Jason E Dymbort parted with 3,700 shares at $249.38 on August 11, 2026, for a total of $922,706. Officer Samantha L. Sloan sold 127 shares at $222.95 on August 17, 2026, bringing in $28,315.

Analysts Set New Price Targets

Wall Street firms updated their stances on First Solar ahead of the filing. On October 8, 2026, Goldman Sachs maintained its Buy rating while adjusting its target from $310.00 to $272.00. Truist Securities upgraded the stock to a Buy rating with a $270.00 target on October 12, 2026, moving up from $229.00. Morgan Stanley kept an Overweight rating on October 14, 2026, lifting its target to $326.00 from $323.00. Barclays maintained an Overweight rating on October 15, 2026, lowering its target from $279.00 to $259.00. JP Morgan kept an Overweight rating on October 19, 2026, trimming its target to $252.00 from $256.00. Across the street, analysts hold a consensus Buy rating with a mean price target of $273.67.

About First Solar

First Solar, Inc. designs and manufactures photovoltaic solar modules and energy systems using advanced thin film semiconductor technology. Headquartered in Phoenix, Arizona, the company serves utility-scale solar projects across the United States, Europe, India, and other international markets, converting sunlight into electricity with cadmium telluride modules.

Bottom Line

E. Ohman J:or Asset Management joined other market participants in adjusting exposure to First Solar. Shareholders now watch for the upcoming earnings release on October 29, 2026, for fresh details on operational performance and revenue trends.