Fastenal EVP Lisowski sells $951k in stock after option exercise

Published 18/07/2025, 20:28
Fastenal EVP Lisowski sells $951k in stock after option exercise

Fastenal (NASDAQ:FAST) Interim CFO and EVP-CAO/Treas., Lisowski Sheryl Ann, sold 17,052 shares of common stock on July 17, 2025, at prices ranging from $45.2028 to $45.22, totaling $951,832. The sale comes as the stock trades near its 52-week high of $46.04, with the company’s market capitalization now standing at $52.49 billion. According to InvestingPro analysis, the stock appears to be trading at elevated valuation levels.

Lisowski also exercised options to acquire 21,052 shares at prices of $19.0 and $24.0, amounting to $479,988. The timing of these transactions coincides with Fastenal’s strong performance, having delivered a 29.03% return year-to-date.

Following these transactions, Lisowski directly owns 10,192 shares of Fastenal stock and indirectly owns 4,195 shares held in a 401(k) plan. She also holds 4,000 employee stock options. For deeper insights into Fastenal’s valuation and 17 additional key investment tips, visit InvestingPro, where you’ll find comprehensive analysis and the exclusive Pro Research Report.

In other recent news, Fastenal reported robust second-quarter 2025 earnings, with earnings per share of $0.29, surpassing the forecast of $0.28. The company’s revenue reached $2.08 billion, marking an 8.6% increase year-over-year, and exceeded the $2 billion mark for the first time. BofA Securities responded to these results by raising its price target for Fastenal to $49, maintaining a Buy rating, while JPMorgan increased its price target to $41 due to strong margins. UBS kept a Neutral rating with a $41 price target, acknowledging the company’s strong sales growth. Fastenal’s daily sales growth accelerated to 9.8% year-over-year, with significant increases in sales per customer site despite a decrease in the total number of customer sites. JPMorgan highlighted that Fastenal’s pricing actions and market share gains are driving top-line growth, although it noted concerns about the company’s valuation. Fastenal also continues to expand its digital sales, which now account for over 30% of total sales, reflecting its strategic focus on innovation and supply chain improvements.

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