Today, the SEVP of Fastenal Company (NASDAQ: FAST), Terry Modock Owen, bought shares of FAST for $78.11K.
This recent transaction increases Terry Modock Owen’s holding in the company by 54.57% to a total of $221.2K. In addition to Terry Modock Owen, one other FAST executive reported Buy trades in the last month.
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Based on Fastenal Company’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.28 billion and quarterly net profit of $198 million. In comparison, last year the company earned revenue of $1.13 billion and had a net profit of $143 million. FAST’s market cap is $14.95B and the company has a P/E ratio of 20.26. Currently, Fastenal Company has an average volume of 3.11M.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $57.50, reflecting a 9.2% upside.
Terry Modock Owen’s trades have generated a -9.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools and metalworking; fasteners; material handling, storage and packaging; power transmission and motors; tools and equipment; electrical; abrasives; hydraulics and pneumatics; plumbing; lifting and rigging; raw materials; fleet and automotive; welding; office products and furniture; janitorial; and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.
