Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fastenal Co shares valued at $5,147,957 were sold by Lewis Holden on Mar 14 ’25. At $74.97 per share, Lewis Holden sold 68,664 shares. The insider’s holdings dropped to 10,097 shares worth approximately $0.77 million following the completion of this transaction.
Also, HOLDEN LEWIS purchased 68,655 shares, netting a total of over 5,147,275 in proceeds.
Before that, Jansen James C had sold 19,564 shares from its account. In a trade valued at $1,625,279, the Executive Vice President traded Fastenal Co shares for $83.08 each. Upon closing the transaction, the insider’s holdings decreased to 19,564 shares, worth approximately $2.0 million.
As published in a research note from Wolfe Research on April 03, 2025, Fastenal Co [FAST] has been rated up from an Underperform to a Peer perform. Analysts at William Blair upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early March. As of December 11, 2024, Stifel has decreased its “Buy” rating to a “Hold” for FAST. Earlier on December 11, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Reduce” for FAST stock which previously was a “a Hold”.
Analyzing FAST Stock Performance
During the last five days, there has been a drop of approximately -1.97%. Over the course of the year, Fastenal Co shares have jumped approximately 6.34%. Shares of the company reached a 52-week high of $82.15 on 03/10/25 and a 52-week low of $70.61 on 04/08/25. A 50-day SMA is recorded $75.37, while a 200-day SMA reached $73.35.
Support And Resistance Levels for Fastenal Co (FAST)
According to the 24-hour chart, there is a support level at 72.57, which, if violated, would cause prices to drop to 68.67. In the upper region, resistance lies at 78.52. The next price resistance is at 80.57. RSI (Relative Strength Index) is 52.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.81, which suggests the price will decrease in the coming days. Percent R is at 29.31%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.