The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Fastenal Co shares valued at $1,219,642 were sold by Drazkowski William Joseph on Apr 14 ’25. At $81.31 per share, Drazkowski William Joseph sold 15,000 shares. The insider’s holdings dropped to 5,997 shares worth approximately $0.48 million following the completion of this transaction.
Also, WILLIAM J. DRAZKOWSKI purchased 15,000 shares, netting a total of over 1,219,642 in proceeds.
Before that, Lewis Holden had sold 68,664 shares from its account. In a trade valued at $5,147,957, the Chief Financial Officer/EVP traded Fastenal Co shares for $74.97 each. Upon closing the transaction, the insider’s holdings decreased to 68,664 shares, worth approximately $0.81 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 surge of approximately 5.20%. Over the course of the year, Fastenal Co shares have jumped approximately 11.88%. Shares of the company reached a 52-week high of $82.42 on 04/15/25 and a 52-week low of $70.61 on 04/08/25. A 50-day SMA is recorded $75.98, while a 200-day SMA reached $73.75.
Support And Resistance Levels for Fastenal Co (FAST)
According to the 24-hour chart, there is a support level at 79.60, which, if violated, would cause prices to drop to 78.74. In the upper region, resistance lies at 81.56. The next price resistance is at 82.66. RSI (Relative Strength Index) is 59.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.89, which suggests the price will increase in the coming days. Percent R is at 16.68%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
