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Truist Financial Corp Boosts Holdings in First Solar, Inc. $FSLR
Truist Financial Corp significantly increased its stake in First Solar, Inc. by 132.8% in Q4, holding 15,528 shares valued at approximately $4.06 million. This move is part of a broader trend of high institutional ownership, with major investors like Vanguard, Viking Global, and Amundi also boosting their positions, leading to 92.08% institutional ownership. First Solar recently reported strong quarterly results, with EPS of $3.22 and revenue of $1.04 billion surpassing estimates, maintaining a “Moderate Buy” analyst rating.