Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Yesterday, Jan. 28, 2014, 72 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $440.99 to $7,539,344.56. Highlighted Stocks Traded by Insiders: Fastenal Company (FAST) - FREE Research Report Lundquist Nicholas J who is Executive Vice-President at Fastenal Company bought 4,000 shares at $44.79 on Jan. 28, 2014. Following this transaction, the Executive Vice-President owned 206,000 shares meaning that the stake was reduced by 1.98% with the 4,000-share transaction. Ancius Michael J who is Director at Fastenal Company bought 485 shares at $44.50 on Jan. 28, 2014. Following this transaction, the Director owned 7,364 shares meaning that the stake was reduced by 7.05% with the 485-share transaction. The shares most recently traded at $43.97, down $0.53, or 1.21% since the insider transaction. Historical insider transactions for Fastenal Company go as follows:
4-Week # shares bought: 4,300
4-Week # shares sold: 200,000
12-Week # shares bought: 8,800
12-Week # shares sold: 200,000
24-Week # shares bought: 10,235
24-Week # shares sold: 300,000
The average volume for Fastenal Company has been 2.3 million shares per day over the past 30 days. Fastenal Company has a market cap of $13.2 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 6.52% year-to-date as of the close of trading on Tuesday. Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. The stock currently has a dividend yield of 2.24%. The company has a P/E ratio of 29.5. Currently there are 3 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 6 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on FAST - FREETheStreet Quant Ratings rates Fastenal Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Fastenal Company Ratings Report from TheStreet Quant Ratings now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.