Wolfe Research upgrades Fastenal Co (FAST) rating to a Peer perform

Fastenal Co’s filing revealed that its EVP-Strategy and Communication Papenfuss Donnalee Kathleen unloaded Company’s shares for reported $0.12 million on Jun 05 ’25. In the deal valued at $41.27 per share,2,956 shares were sold. As a result of this transaction, Papenfuss Donnalee Kathleen now holds 0 shares worth roughly $0.0.

Then, DONNALEE K. PAPENFUSS bought 2,956 shares, generating $121,983 in total proceeds.

Before that, Soderberg John Lewis sold 16,362 shares. Fastenal Co shares valued at $1,349,068 were divested by the Senior EVP-IT at a price of $82.45 per share. As a result of the transaction, Soderberg John Lewis now holds 0 shares, worth roughly $0.0.

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 Monday, Fastenal Co [NASDAQ:FAST] saw its stock jump 0.10% to $42.0. Over the last five days, the stock has gained 1.69%. Fastenal Co shares have risen nearly 32.47% since the year began. Nevertheless, the stocks have risen 16.81% over the past one year. While a 52-week high of $43.10 was reached on 06/12/25, a 52-week low of $30.68 was recorded on 04/08/25.

Levels Of Support And Resistance For FAST Stock

The 24-hour chart illustrates a support level at 41.82, which if violated will result in even more drops to 41.63. On the upside, there is a resistance level at 42.16. A further resistance level may holdings at 42.31.

How much short interest is there in Fastenal Co?

A steep rise in short interest was recorded in Fastenal Co stocks on 2025-06-13, growing by 1.36 million shares to a total of 29.77 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 28.41 million shares. There was a rise of 4.56%, which implies that there is a positive sentiment for the stock.

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