Perpetual Ltd Reduces First Solar Holdings

Investment firm cuts stake in solar cell manufacturer by over 65%

Apr. 6, 2026 at 9:33am

Got story updates? Submit your updates here. ›

Perpetual Ltd, an investment management firm, has reduced its position in First Solar, Inc. (NASDAQ:FSLR) by 65.2% during the fourth quarter, according to a recent disclosure with the Securities and Exchange Commission. The firm now owns 3,171 shares of the solar cell manufacturer's stock, down from 9,117 shares previously.

Why it matters

First Solar is a leading U.S. solar technology company, known for its thin-film photovoltaic modules. This reduction in Perpetual Ltd's holdings could signal a shift in investor sentiment around the stock or the solar industry more broadly.

The details

According to the SEC filing, Perpetual Ltd sold 5,946 shares of First Solar during the fourth quarter, leaving the firm with a remaining stake worth $828,000. The move comes as First Solar's stock price has fluctuated in recent months, with shares trading between a 52-week low of $116.56 and a high of $285.99.

  • Perpetual Ltd reduced its First Solar holdings during the fourth quarter of 2025.
  • The filing was made with the SEC on April 6, 2026.

The players

Perpetual Ltd

An investment management firm that has reduced its stake in First Solar, Inc.

First Solar, Inc.

A U.S. solar technology company that designs and manufactures thin-film photovoltaic modules.

Got photos? Submit your photos here. ›

The takeaway

This reduction in Perpetual Ltd's First Solar holdings could signal broader shifts in investor sentiment around solar stocks, as the industry navigates fluctuating market conditions and technological changes.