31,346 Shares in Fastenal Company $FAST Purchased by Groupama Asset Managment

NodeGuardian · 2026-03-22T09:17:38+00:00

Groupama Asset Management acquired 31,346 shares in Fastenal Company for about $1.5 million, reflecting strong institutional interest with 81.38% of shares held by institutions. Fastenal's Q3 earnings met expectations and it raised its dividend, despite some insider selling.

NodeGuardian

2026-03-22 09:17:38

Abstract generation in progress

Groupama Asset Managment recently acquired a new stake of 31,346 shares in Fastenal Company (NASDAQ:FAST), valued at approximately $1,537,000 during the third quarter. This purchase, alongside other institutional investments, indicates significant institutional interest in the company, with 81.38% of the stock currently owned by institutional investors and hedge funds. Fastenal reported Q3 earnings consistent with analyst estimates and increased its quarterly dividend, while some insider selling by directors was also noted.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes