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Tobam Decreases Holdings in First Solar, Inc. $FSLR
Tobam significantly reduced its stake in First Solar, Inc. by 25.9% in the third quarter, selling 5,683 shares and now owning 16,244 shares valued at $3.58 million. Despite this, other institutional investors like Fifth Third Bancorp and Todd Asset Management LLC increased their holdings in FSLR. First Solar’s stock opened at $225.65, with several analysts recently adjusting their price targets, leading to an average rating of “Moderate Buy” and an average price target of $275.61.