Are Hedge Funds Betting Against First Solar, Inc. (FSLR)?

Click to Enlarge

Alkeon Capital Management Llc sold 857,008 shares as Jd Com Inc (JD)'s stock rose 37.55%. The NASDAQ listed company saw a recent bid of 115.44 and 840695 shares have traded hands in the session. The stock increased 0.38% or $0.67 during the last trading session, reaching $174.96. About 13.48 million shares traded. It has outperformed by 60.97% the S&P500.

Investors are looking at First Solar, Inc. The stock had a trading volume of 6,340,000 shares, compared to its average volume of 2,110,000. It also increased its holding in Chesapeake Energy Corp (Call) (NYSE:CHK) by 750,000 shares in the quarter, for a total of 1.00 million shares, and has risen its stake in Target Corp (NYSE:TGT). Goldman Sachs Group Incorporated stated it has 0.01% in First Solar, Inc.

The average true range (ATR) was fashioned to allow traders to more precisely evaluate the daily volatility of an asset by using straightforward calculations. First Solar, Inc. (NASDAQ:FSLR)'s EPS growth this year is -164.80% and their trailing 12-month EPS is -4.16. It has underperformed by 39.53% the S&P500. Therefore 76% are positive. (NASDAQ:FSLR). Parametric Associates Limited Co reported 205,698 shares. The firm has "Neutral" rating by Macquarie Research given on Wednesday, November 23. The rating was downgraded by Zacks on Tuesday, August 4 to "Buy". (NASDAQ:FSLR) on Thursday, November 17 to "Mkt Underperform" rating. The company was initiated on Wednesday, January 11 by Bernstein. Nfc Investments Llc who had been investing in Pico Holdings Inc for a number of months, seems to be bullish on the $292.23 million market cap company. Roth Capital maintained First Solar, Inc. M Partners upgraded JD.com, Inc. (NASDAQ:AAPL) shares were sold by LEVINSON ARTHUR D. On Thursday, August 24 the insider COOK TIMOTHY D sold $43.15M. The company now has a consensus rating of "Hold" and a consensus price target of $63.22. On Monday, October 10 the stock rating was initiated by Piper Jaffray with "Neutral". The Brigade Capital Management Lp holds 525,000 shares with $11.71M value, up from 335,000 last quarter. Intellectus Partners LLC now owns 17,450 shares of the solar cell manufacturer's stock valued at $696,000 after buying an additional 200 shares in the last quarter. 63,388 Apple Inc. (NASDAQ:AAPL) shares with value of $9.78M were sold by AHRENDTS ANGELA J.

Analysts await JD.com, Inc. (NASDAQ:AAPL) to report earnings on January, 30. During the same period in the prior year, the firm posted $1.22 earnings per share. equities analysts anticipate that First Solar will post 2.52 earnings per share for the current fiscal year. Net earnings for the quarter were posted at $1.95 per share, whereas Wall Street had forecast $0.84 per share. (NASDAQ:FSLR). Centurylink Inv reported 0.49% in First Solar, Inc. First Solar has a 12-month low of $25.56 and a 12-month high of $76.61. The firm has "Underperform" rating given on Wednesday, February 22 by Credit Suisse. State Of Wisconsin Invest Board owns 0% invested in First Solar, Inc. (NASDAQ:FSLR) on Monday, July 31. The company was maintained on Tuesday, July 18 by Oppenheimer. JMP Securities restated an "outperform" rating and set a $50.00 target price (down previously from $67.00) on shares of First Solar in a research report on Tuesday, September 26th. Vetr raised First Solar from a "sell" rating to a "hold" rating and set a $66.50 price objective on the stock in a research note on Thursday, December 14th. The stock has "Market Perform" rating by Wells Fargo on Thursday, June 2.

Click to Enlarge
Click to Enlarge

Since July 31, 2017, it had 0 buys, and 8 sales for $6.48 million activity.

Among 29 analysts covering First Solar Inc. (NASDAQ:FSLR). Credit Suisse Ag accumulated 90,837 shares. On Thursday, January 4 the insider DeJong Philip sold $1.04 million. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints. Northwestern Mutual Wealth Mngmt has invested 0% in First Solar, Inc. (NASDAQ:FSLR) shares were sold by Widmar Mark R. Garabedian Raffi had sold 11,284 shares worth $790,580.

Recently, analysts have updated the overall rating to 2.24.

Major cryptocurrency conference no longer accepting Bitcoin payments
Called "Bitcoin as Money", the paper predicts that Bitcoin will climb higher this year, improving on its record performance in 2017.

Related:

  • Ulta Beauty Inc (ULTA) Shares Bought by Dimensional Fund Advisors LP

    Ulta Beauty Inc (ULTA) Shares Bought by Dimensional Fund Advisors LP

    Baird set a $265.00 price target on Ulta Beauty and gave the company a "buy" rating in a report on Monday, October 23rd. It has outperformed by 24.76% the S&P500. ( ULTA ) by 198.2% based on its latest 2017Q3 regulatory filing with the SEC.

    Thomaspartners Has Increased Texas Instrs (TXN) Stake; Regis Has 1.02 Sentiment

    Mark Sheptoff Fincl Planning Limited Co stated it has 0.19% of its portfolio in Texas Instruments Incorporated (NASDAQ: TXN ). It increased, as 55 investors sold TXN shares while 333 reduced holdings. 68 funds opened positions while 163 raised stakes.

    Taiwan Semiconductor Manufacturing Company Limited (TSM) Stock Unusual Activity

    Ameriprise Financial has invested 0% in Spirit Realty Capital, Inc. (NASDAQ:ATVI). 50,400 are held by Odey Asset Grp Limited. HSBC downgraded Taiwan Semiconductor Manufacturing Company Limited ( NYSE : TSM ) on Wednesday, June 21 to "Hold" rating.
  • Lindsay Lohan Steps Out in Style for Grandma's 94th Birthday

    Lindsay Lohan Steps Out in Style for Grandma's 94th Birthday

    Relationships, I've had enough of them. "This is actually quite a long time ago if you think about it now. It became more of a scripted thing, until Oprah came back and then it was real".
    Gov. Abbott sets out to revamp special education system in Texas

    Gov. Abbott sets out to revamp special education system in Texas

    Affected students couldn't get assistance such as therapy or extra instruction for learning disabilities. Department of Education announced Thursday , after a 15-month investigation .

    Platform Specialty Products Corporation (PAH): What are the Technicals Saying?

    The rating was maintained by SunTrust on Thursday, November 2 with "Buy". (NYSE:UA) on Monday, August 10 with "Overweight" rating. For shareholders, given the total diluted outstanding shares of 286.7 million, this means overall earnings per share of -0.24.
  • No VAR worries for Welbeck after Chelsea penalty shout

    No VAR worries for Welbeck after Chelsea penalty shout

    VAR was used in the FA Cup tie between Brighton and Crystal Palace and again in the Carabao Cup match between Chelsea and Arsenal .

    Cisco Systems (CSCO) Rating Increased to Hold at Vetr

    CSCO has been the subject of several research analyst reports. ( NASDAQ : CSCO ) was sold by BARTZ CAROL on Thursday, December 14. CSCO traded at an unexpectedly high level on 11/01/2018 when the stock experienced a 0.48% gain to a closing price of $40.1.
    Abreu qualifies for Chili Bowl final with A Main win

    Abreu qualifies for Chili Bowl final with A Main win

    The NASCAR star drove to a commanding victory in Tuesday night's opening night of the Super Bowl of Midget Racing. Abreu had not raced since September because of injuries he suffered in a race at Eldora Speedway.
  • Bayern Munich Confirm Interest In Signing Leon Goretzka

    Bayern Munich Confirm Interest In Signing Leon Goretzka

    However, Schalke chief rejected these claims, saying: "Leon has not informed us that he has made a decision to leave". Goretzka has continued to shine with some impressive performances in the Bundesliga.

    Reiterates "Hold" Rating for Pacira Pharmaceuticals (PCRX)

    Finally, Leerink Swann started coverage on shares of Pacira Pharmaceuticals in a research report on Tuesday, January 2nd. Malaga Cove Capital Llc increased Pacira Pharmaceuticals Inc ( PCRX ) stake by 166.54% reported in 2017Q3 SEC filing.

    Restaurant Brands International Inc. (QSR) Given Average Recommendation of "Buy" by Analysts

    Shares of Restaurant Brands International (TSE: QSR ) traded down 1.415% during mid-day trading on Monday, reaching $63.765. In terms of value, Restaurant Brands International Inc . has a P/E value of 42.36, combined with a forward P/E of 22.88.

Comments

Latest news

Hackers broadcast NWA's F-Tha Police on police radio frequency
Lloyd said the force has ruled out a stolen police radio as the source, given than no radios have been reported missing. The risk of interfering with police radio frequencies can be punished by up to one year behind bars.

SNK Heroines: Tag Team Frenzy throwing down on Nintendo Switch
However, now it looks like things are changing and perhaps indicating that KOFXIV or future titles might head there as well. In the Nintendo Direct Mini that was released today , we got the first look at SNK Heroines: Tag Team Frenzy for the Switch.

Europe to spend €1bn on supercomputers and big data infrastructure
For example, auto production cycles can be reduced thanks to supercomputers from 60 months to 24 months. We want to finance the development of competitive European High Performance Computing.

Chandler Riggs Glad Carl Has A Lasting Impact On The Walking Dead
The first half of "The Walking Dead" Season 8 concluded with one of the show's central characters being bitten by a walker. The loss of Carl doesn't necessarily mean that we're going to be losing big swaths of the comic book story.

Analyst's Predictions on Oclaro, Inc. (OCLR), Brixmor Property Group Inc. (BRX)
The company has market cap of $5.11 billion. (NYSE: BRX ) earned "Equalweight" rating by Barclays Capital on Tuesday, July 19. ValuEngine upgraded Brixmor Property Group from a "hold" rating to a "buy" rating in a research note on Monday, October 2nd.

Capital Research Global Investors Has $408834000 Position in Applied Materials, Inc. (AMAT)
Since August 23, 2017, it had 0 insider buys, and 5 sales for $12.03 million activity. (NASDAQ:AMAT) for 5.44 million shares. Deutsche Bank maintained Applied Materials, Inc. (NASDAQ:AMAT) has "Buy" rating given on Friday, May 27 by Stifel Nicolaus.

High Court of Madras directs striking Transport to resume work from today
Approaching the busy Pongal festive period, the number of people travelling by bus increases significantly. There are almost 1.4 lakh workers in the TN's transport department who handle around 22,500 buses.

Rafa Benitez NOT selling any Newcastle starters in January transfer window
The hope is that the stand-off between Benitez and Ashley could end now that the billionaire is back in the country. And with that in mind, he has no intention of letting any of his current players go.

Which Stocks To Invest? - Callaway Golf Company (ELY), Kosmos Energy Ltd. (KOS)
The competitors from Application Software hold an average P/S ratio of 5.7, which offer premium compared with the sector's 2.77. Jennison Associates Llc increased Mueller Wtr Prods Inc (NYSE:MWA) stake by 729,104 shares to 2.35M valued at $30.06M in 2017Q3.

Temperatures Will Get Warmer; Sleet and Freezing Rain Could Happen Sunday
Wednesday's high in Madison was 12, 15 degrees below normal and 45 degrees below the record high of 57 for January 3, set in 1874. Breezes out of the west kept the wind chill buried below zero all day on Monday , according to National Weather Service data.

Snapchat's Redesign Gets Slammed by Users
Some have contacted Snapchat support on Twitter to air frustrations and asking it to return to the previous version of the app. The data also indicates that just 391 of the reviews give the update three, four or five stars.

McLaren Sports Series updated
The 570GT with the Sport Pack will also feature the same electronic stability control "S tune" and Pirelli P-Zero Corsa tires. It's two years since the McLaren 570GT arrived as a new softer, more luxurious take on McLaren's Sports Series 570S.

Look closely Shares of Express Scripts Holding Company (ESRX)
How Company Returns Shareholder's Value? As per Friday, November 6, the company rating was downgraded by BMO Capital Markets. The investor is now holding $36.85 million shares due in part to a decrease of 1.05 million new shares in their portfolio.

Has $658000 Holdings in Texas Instruments Incorporated (TXN)
LLC now owns 1,641 shares of the company's stock valued at $115,000 after buying an additional 140 shares during the last quarter. It improved, as 55 investors sold TXN shares while 333 reduced holdings. 104 funds opened positions while 332 raised stakes.

HUD Sending $83.2 Million to Florida Groups Helping the Homeless
New federal funding is heading to New Jersey to help support efforts to put an end to homelessness in the state. HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all .

Other news