Varma Mutual Pension Insurance Co increased its stake in Fastenal Company by 11.7% to 230,600 shares, valued at $11.31 million. Institutional investors now own approximately 81.38% of Fastenal’s stock. Insider activity showed mixed signals with one director buying shares and another selling a significant portion of their holdings. The company reported quarterly EPS in line with estimates, revenue slightly below expectations, and increased its quarterly dividend.
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Fastenal Company $FAST Stake Lifted by Varma Mutual Pension Insurance Co
Varma Mutual Pension Insurance Co increased its stake in Fastenal Company by 11.7% to 230,600 shares, valued at $11.31 million. Institutional investors now own approximately 81.38% of Fastenal’s stock. Insider activity showed mixed signals with one director buying shares and another selling a significant portion of their holdings. The company reported quarterly EPS in line with estimates, revenue slightly below expectations, and increased its quarterly dividend.