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Wiregrass Investment Management LLC Invests $1.02 Million in Fastenal Company $FAST
Wiregrass Investment Management LLC has initiated a new position in Fastenal Company, purchasing shares worth approximately $1.02 million in the fourth quarter. This comes amidst other institutional investors adjusting their stakes and a notable insider sale by director Reyne K. Wisecup. Despite a consensus “Hold” rating from analysts with an average price target of $49.77, the company reported financial results matching EPS estimates with significant year-over-year revenue growth and a quarterly dividend.