Fastenal Co’s filing revealed that its EVP-Sales Drazkowski William Joseph unloaded Company’s shares for reported $1.22 million on Apr 14 ’25. In the deal valued at $81.31 per share,15,000 shares were sold. As a result of this transaction, Drazkowski William Joseph now holds 5,997 shares worth roughly $0.49 million.
Then, WILLIAM J. DRAZKOWSKI bought 15,000 shares, generating $1,219,642 in total proceeds.
Before that, Lewis Holden sold 68,664 shares. Fastenal Co shares valued at $5,147,957 were divested by the Chief Financial Officer/EVP at a price of $74.97 per share. As a result of the transaction, Lewis Holden now holds 10,097 shares, worth roughly $0.82 million.
Wolfe Research upgraded its Fastenal Co [FAST] rating to a Peer perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who increased its forecast for the stock in early March from “a Mkt perform” to “an Outperform”. Stifel also remained covering FAST and has decreased its forecast on December 11, 2024 with a “Hold” recommendation from previously “Buy” rating. HSBC Securities revised its rating on December 11, 2024. It rated FAST as “a Reduce” which previously was an “a Hold”.
Price Performance Review of FAST
On Thursday, Fastenal Co [NASDAQ:FAST] saw its stock jump 1.40% to $81.58. Over the last five days, the stock has gained 7.64%. Fastenal Co shares have risen nearly 13.45% since the year began. Nevertheless, the stocks have risen 18.59% over the past one year. While a 52-week high of $84.88 was reached on 04/15/25, a 52-week low of $61.36 was recorded on 04/08/25. SMA at 50 days reached $76.14, while 200 days put it at $73.85.
Levels Of Support And Resistance For FAST Stock
The 24-hour chart illustrates a support level at 80.81, which if violated will result in even more drops to 80.03. On the upside, there is a resistance level at 82.21. A further resistance level may holdings at 82.83. The Relative Strength Index (RSI) on the 14-day chart is 61.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.11%. Stochastics %K at 89.90% indicates the stock is a selling.
How much short interest is there in Fastenal Co?
A steep rise in short interest was recorded in Fastenal Co stocks on 2025-03-31, growing by 0.57 million shares to a total of 14.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 13.65 million shares. There was a rise of 4.01%, which implies that there is a positive sentiment for the stock.
