Retirement Systems of Alabama Sells 13247 Shares of First Solar, Inc. (FSLR)

Lloyd Doyle
November 19, 2017

Its up 0.46, from 1.1 in 2017Q1. It increased, as 41 investors sold First Solar, Inc. shares while 67 reduced holdings. 67 funds opened positions while 102 raised stakes. The fund owned 7,000 shares of the solar cell manufacturer's stock after selling 18,000 shares during the quarter.

Finding out how much of a company's total shares outstanding are held by institutional investors, specifically, is quite useful - to any investor out there. Nomura accumulated 12,294 shares or 0% of the stock. The shares were sold at an average price of $33.69, for a total transaction of $286,095.48.

Axiom Securities began coverage on shares of First Solar, Inc. About 1.79M shares traded or 25.17% up from the average. Aviance Mgmt Ltd Liability holds 0% or 1,265 shares in its portfolio. 139,300 were reported by Renaissance Limited Liability Company. PNC Financial Services Group Inc. lifted its stake in First Solar by 356.1% in the first quarter.

With a total market value of $0, First Solar, Inc. has with a one year low of $25.56 and a one year high of $53.00. (NASDAQ:FSLR) bumped up the target price from $0.00 to $38.00 that suggested an upside of 0.09%. (FSLR) is BLACKROCK INC., which now holds 7,183,020 shares. Therefore 40% are positive. First Solar's revenue for the quarter was up 59.5% compared to the same quarter last year. equities research analysts expect that First Solar, Inc. will post 2.47 EPS for the current fiscal year. As per Thursday, December 10, the company rating was downgraded by Needham. Standpoint Research upgraded the stock to "Buy" rating in Monday, January 18 report. The company was maintained on Friday, August 4 by UBS.

September 26 investment analysts at Roth Capital made no change to the stock rating of "Buy" projecting a price of $60.00. The firm has "Buy" rating by Argus Research given on Wednesday, May 18. The firm has "Buy" rating given on Wednesday, July 26 by Roth Capital. (NASDAQ:FSLR) in a report released on Tuesday. Barclays Capital has "Overweight" rating and $71 target. On October 27 Robert W. Baird left the company rating at "Hold" with a current price target of $53.00. Cowen & Co maintained the shares of FSLR in report on Tuesday, July 25 with "Buy" rating. Ameriprise Fin Incorporated invested 0.01% of its portfolio in First Solar, Inc. First Solar has a consensus rating of "Hold" and an average price target of $45.54. First Solar, Inc. (NASDAQ:FSLR) has declined 22.83% since November 17, 2016 and is downtrending. It has underperformed by 39.53% the S&P500. The stock has a market capitalization of $6,300.00, a price-to-earnings ratio of 15.02 and a beta of 1.99. The Company designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. It now has negative earnings. The Company also develops, designs, constructs and sells PV solar power systems that primarily use the modules it manufactures.

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First Solar Inc (FSLR) Stake Up in Latest Report from Geode Capital Management, LLC

More notable recent First Solar, Inc.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, October 26th. Stock Is on the Verge of a Breakout" on November 15, 2017, also Fool.com with their article: "First Solar Keeps Beating Expectations" published on October 27, 2017, Investorplace.com published: "Trade of the Day: First Solar, Inc. "Is Reaching for the Stars" published on November 06, 2017, Fool.com published: "Is growth ahead for First Solar?" on November 09, 2017.

The latest insider trades for First Solar, Inc.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by StockNewsTimes and is owned by of StockNewsTimes.

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