Fastenal’s $220M Volume Dips 22% as Stock Nears 52-Week High on Strong Earnings and Exec Share Sale

On August 18, 2025, Fastenal (NASDAQ:FAST) traded with a volume of $220 million, marking a 22.1% decline from the previous day’s volume. The stock closed with a 0.47% gain, placing it near its 52-week high of $49.26. Key developments included insider transactions and earnings momentum driving investor sentiment.

Executive Vice President of Sales William Joseph Drazkowski sold 6,842 shares at $48.6717 per share, totaling $333,011. This transaction followed the exercise of options to acquire 6,842 shares at $19 per share, adding to his existing holdings of 11,994 direct shares and 10,600 indirect shares via the company’s 401(k) plan. The sale occurred as the stock approached its 52-week peak, reflecting confidence in its recent performance.

Strong second-quarter results further supported the stock’s trajectory. Fastenal reported EPS of $0.29, outperforming expectations, alongside $2.08 billion in revenue. Analysts responded with upgraded ratings, including Baird’s shift to Outperform and BofA Securities’ raised price target to $49.00. JPMorgan and UBS also adjusted their outlooks, citing improved margins and sales growth of 8.6% year-over-year.

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