FNY Investment Advisers Boosts Stake in First Solar

Institutional investor increases holdings in solar cell manufacturer by over 2,000%

Mar. 19, 2026 at 8:33am

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FNY Investment Advisers LLC significantly increased its stake in First Solar, Inc. (NASDAQ:FSLR) during the third quarter, acquiring an additional 5,978 shares to bring its total holdings to 6,250 shares worth $1.38 million. This represents a 2,197.8% increase in the firm's position in the solar cell manufacturer.

Why it matters

The substantial increase in FNY Investment Advisers' position in First Solar suggests growing institutional confidence in the company's prospects, even as some analysts have lowered their price targets. First Solar's advanced cadmium telluride (CdTe) solar cell technology and its positioning as a provider of both components and complete solar energy systems have made it an attractive investment in the renewable energy sector.

The details

According to the SEC filing, FNY Investment Advisers acquired 5,978 additional shares of First Solar during the third quarter, bringing its total position to 6,250 shares. This represents a 2,197.8% increase in the firm's holdings of the solar cell manufacturer's stock.

  • FNY Investment Advisers increased its stake in First Solar during the 3rd quarter of the year.

The players

FNY Investment Advisers LLC

An institutional investment firm that significantly increased its stake in 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

The substantial increase in FNY Investment Advisers' position in First Solar suggests growing institutional confidence in the company's advanced solar technology and its position as a provider of both components and complete solar energy systems, despite some analyst price target reductions.