Achmea Investment Management reduced Fastenal stake, CEO sold shares, while Q2 revenue surpassed expectations, and a dividend of $0.39 was declared.

Achmea Investment Management B.V. reduced its Fastenal holdings by 0.5%, now owning 332,199 shares after selling 1,758. CEO Daniel L. Florness sold 45,744 shares at $68.14 each. Fastenal reported Q2 revenue of $1.92 billion, exceeding expectations, with earnings per share of $0.51, and declared a quarterly dividend of $0.39. Institutional investors hold 81.38% of the stock, with various firms increasing their stakes during the quarter.

September 12, 2024
4 Articles