First Solar Shares Trimmed by Investment Firm

Duff & Phelps Investment Management Co. reduces stake in solar cell manufacturer

Mar. 12, 2026 at 8:34am

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Duff & Phelps Investment Management Co. has trimmed its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 21.3% in the 3rd quarter, according to a recent SEC filing. The institutional investor now owns 21,396 shares of the solar cell manufacturer's stock, valued at $4.72 million.

Why it matters

First Solar is a major player in the solar energy industry, and changes in institutional ownership can signal shifts in investor sentiment and the stock's performance. This move by Duff & Phelps may reflect broader market trends or specific concerns about First Solar's outlook.

The details

According to the filing, Duff & Phelps sold 5,795 shares of First Solar stock during the quarter. The firm cited unspecified reasons for reducing its position in the company. First Solar's stock price has fluctuated in recent months, with the share price ranging from a 52-week low of $116.56 to a high of $285.99.

  • Duff & Phelps trimmed its First Solar stake in the 3rd quarter of 2026.

The players

Duff & Phelps Investment Management Co.

An institutional investment firm that has reduced its position in solar cell manufacturer First Solar, Inc.

First Solar, Inc.

A U.S.-based solar technology company that designs and manufactures thin-film photovoltaic modules using cadmium telluride semiconductor technology.

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The takeaway

This reduction in institutional ownership of First Solar shares could signal broader market uncertainty around the solar industry or specific concerns about the company's outlook. Investors will likely monitor First Solar's performance and any further changes in major shareholders in the coming quarters.