CIBC Private Wealth Group Reduces First Solar Holdings

Institutional investor trims stake in solar cell manufacturer

Mar. 19, 2026 at 8:25am

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CIBC Private Wealth Group LLC lowered its position in First Solar, Inc. (NASDAQ:FSLR) by 4.4% during the 3rd quarter, according to a recent SEC filing. The firm owned 207,543 shares of the solar cell manufacturer's stock after selling 9,486 shares during the quarter.

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 impact the company's stock price performance.

The details

CIBC Private Wealth Group reduced its stake in First Solar by selling 9,486 shares during the third quarter. The firm now owns 207,543 shares, or about 0.19% of the company's outstanding stock. The move comes as First Solar has seen its share price fluctuate in recent months amid a mix of positive and negative sentiment from Wall Street analysts.

  • CIBC Private Wealth Group reduced its First Solar holdings in the 3rd quarter of 2026.

The players

CIBC Private Wealth Group LLC

An institutional investment management firm.

First Solar, Inc.

A U.S.-based solar technology company that manufactures thin-film photovoltaic modules and provides solar energy solutions.

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The takeaway

The reduction in CIBC Private Wealth Group's First Solar holdings reflects the ongoing volatility and uncertainty in the solar energy sector, as investors weigh factors like technology advancements, policy changes, and competition.