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Fastenal Company: Fastenal: Raising Fair Value Estimate After Transferring Coverage of This Wide-Moat Distributor
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Engaging In Options Activity, DANIEL FLORNESS Exercises Options Valued At $2.63M In Fastenal
The latest update on Tuesday morning shows Fastenal shares down by 0.01%, trading at $80.1. At this price, FLORNESS's 50,000 shares are worth $2,629,999.
Fastenal Entrenches Its Wide Economic Moat as It Grows With Its Customers
Fastenal’s balance sheet is rock-solid. Its net leverage, measured through the net debt/EBITDA ratio, hovers around zero, which is considerably lower than the other industrial distributors we cover.