Fastenal Director Robert Kierlin Sells 100,000 Shares (FAST) – NorthForkVue

Article by · 2013/10/17 ·

October 16th, 2013 – 0 comments – Filed Under – by Marcella Simdorn
Fastenal (NASDAQ:FAST) Director Robert Kierlin sold 100,000 shares of Fastenal stock on the open market in a transaction dated Friday, October 11th. The stock was sold at an average price of $47.77, for a total transaction of $4,777,000.00. Following the completion of the transaction, the director now directly owns 12,354,580 shares in the company, valued at approximately $590,178,287. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Fastenal in a research note to investors on Thursday, October 10th. They now have a $49.00 price target on the stock. (…)

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