Stephen Eastman, Fastenal Company (FAST)’s insider Purchased 700 Shares; Farmers National Bank Has Decreased General Electric Co (GE) Stake

Fastenal Company (NASDAQ:FAST) Logo

Farmers National Bank decreased General Electric Co (GE) stake by 20.91% reported in 2017Q4 SEC filing. Farmers National Bank sold 32,435 shares as General Electric Co (GE)’s stock declined 23.20%. The Farmers National Bank holds 122,669 shares with $2.14 million value, down from 155,104 last quarter. General Electric Co now has $122.18B valuation. The stock decreased 2.16% or $0.31 during the last trading session, reaching $14.07. About 48.53M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 1, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Since January 26, 2018, it had 1 buy, and 0 selling transactions for $43,446 activity. DIMITRIEF ALEXANDER bought $43,446 worth of General Electric Company (NYSE:GE) on Friday, January 26.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It dropped, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. American Rech & Company holds 0.44% or 80,927 shares. Westwood Gp Inc Inc holds 0% of its portfolio in General Electric Company (NYSE:GE) for 10,641 shares. Thompson Siegel And Walmsley Ltd Liability Company invested in 164,318 shares. Citizens & Northern Corp reported 61,473 shares. Vaughan Nelson Investment Management Limited Partnership invested 0.01% of its portfolio in General Electric Company (NYSE:GE). Ronna Sue Cohen stated it has 1.59% in General Electric Company (NYSE:GE). Moreover, White Pine Capital Lc has 0.53% invested in General Electric Company (NYSE:GE) for 83,801 shares. Gardner Russo & Gardner Limited Company holds 0% or 7,080 shares. Westwood Mgmt Corporation Il invested in 0.03% or 10,500 shares. Umb Commercial Bank N A Mo owns 204,582 shares or 0.12% of their US portfolio. Chesley Taft & Associate Ltd has 0.6% invested in General Electric Company (NYSE:GE). Da Davidson And accumulated 1.05 million shares. Aperio Gru Limited Com, California-based fund reported 2.12 million shares. Grassi Investment Management reported 54,900 shares or 0.16% of all its holdings. Merriman Wealth Mgmt Ltd Liability Corporation holds 0.4% of its portfolio in General Electric Company (NYSE:GE) for 93,262 shares.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, July 25. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, October 24 by Stifel Nicolaus. BMO Capital Markets maintained General Electric Company (NYSE:GE) on Thursday, March 23 with “Hold” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, July 17. The firm has “Outperform” rating by RBC Capital Markets given on Monday, January 25. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, June 13. Cowen & Co maintained it with “Hold” rating and $2400 target in Monday, August 7 report. The rating was maintained by S&P Research with “Buy” on Tuesday, October 20. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by RBC Capital Markets on Wednesday, October 11. The firm earned “Focus List” rating on Wednesday, September 16 by Credit Suisse.

Among 19 analysts covering Fastenal (NASDAQ:FAST), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Fastenal has $65.0 highest and $27 lowest target. $53.17’s average target is 6.36% above currents $49.99 stock price. Fastenal had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Sterne Agee CRT given on Tuesday, March 22. Susquehanna maintained Fastenal Company (NASDAQ:FAST) on Thursday, August 27 with “Neutral” rating. The stock of Fastenal Company (NASDAQ:FAST) earned “Underweight” rating by Barclays Capital on Monday, October 5. On Monday, August 24 the stock rating was downgraded by Robert W. Baird to “Neutral”. The firm earned “Buy” rating on Tuesday, January 9 by Credit Suisse. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, April 12 report. The stock of Fastenal Company (NASDAQ:FAST) has “Market Perform” rating given on Thursday, April 7 by Avondale. Credit Suisse upgraded Fastenal Company (NASDAQ:FAST) rating on Wednesday, January 17. Credit Suisse has “Buy” rating and $61.0 target. The stock has “Hold” rating by Susquehanna on Friday, January 12. Morgan Stanley maintained Fastenal Company (NASDAQ:FAST) rating on Monday, October 2. Morgan Stanley has “Equal-Weight” rating and $46 target.

The director of Fastenal Co, Stephen Eastman, has just obtained – 700 shares of the firm he’s operating – coming to a total investment of $35,219 U.S. Dollars (this based on average share price of $50.3). Currently, Mr. Stephen, has rights to 3,500 shares, which accounts for 0.00% of Fastenal Co’s market capitalization.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The company has market cap of $14.38 billion. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. It has a 23.25 P/E ratio. The companyÂ’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures.

Analysts await Fastenal Company (NASDAQ:FAST) to report earnings on July, 11. They expect $0.66 earnings per share, up 26.92% or $0.14 from last year’s $0.52 per share. FAST’s profit will be $189.85M for 18.94 P/E if the $0.66 EPS becomes a reality. After $0.61 actual earnings per share reported by Fastenal Company for the previous quarter, Wall Street now forecasts 8.20% EPS growth.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.25, from 1.3 in 2017Q3. It dropped, as 37 investors sold Fastenal Company shares while 215 reduced holdings. 91 funds opened positions while 174 raised stakes. 232.28 million shares or 0.94% less from 234.48 million shares in 2017Q3 were reported. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.03% of its portfolio in Fastenal Company (NASDAQ:FAST) for 13,792 shares. Stonebridge Cap Mgmt owns 35,795 shares. Swiss Bank invested in 0.06% or 1.06M shares. Select Equity Gru Limited Partnership has invested 0.18% in Fastenal Company (NASDAQ:FAST). Leavell Management stated it has 0.08% of its portfolio in Fastenal Company (NASDAQ:FAST). Employees Retirement Sys Of Texas reported 0.01% of its portfolio in Fastenal Company (NASDAQ:FAST). 14,361 are held by Old Mutual Customised Solutions (Proprietary) Limited. 272,911 were accumulated by Gw Henssler Assocs Limited. Savings Bank Of New York Mellon reported 0.23% of its portfolio in Fastenal Company (NASDAQ:FAST). Gulf Intll Bank (Uk) Ltd has invested 0.06% in Fastenal Company (NASDAQ:FAST). Mairs And Pwr owns 2.98 million shares. Virtu Fincl Limited owns 0.02% invested in Fastenal Company (NASDAQ:FAST) for 7,030 shares. The Ontario – Canada-based Turtle Creek Asset Mngmt has invested 2.22% in Fastenal Company (NASDAQ:FAST). Comml Bank Of America De holds 0.02% or 1.72 million shares in its portfolio. Moneta Group Inc Investment Advisors Limited Liability holds 0% in Fastenal Company (NASDAQ:FAST) or 5 shares.

General Electric Company (NYSE:GE) Institutional Positions Chart