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Daniel L.  Florness net worth and biography

Daniel Florness Biography and Net Worth

CEO of Fastenal
Mr. Florness has been our president and chief executive officer since January 2016. From December 2002 to December 2015, Mr. Florness was our executive vice president and chief financial officer. From June 1996 to November 2002, Mr. Florness was our chief financial officer. During his time as chief financial officer, Mr. Florness' responsibilities expanded beyond finance, including leadership of a portion of our manufacturing division, our product development and procurement, and the company's national accounts business. Mr. Florness has served as one of our directors since January 2016.

What is Daniel L. Florness' net worth?

The estimated net worth of Daniel L. Florness is at least $20.92 million as of November 30th, 2023. Mr. Florness owns 284,410 shares of Fastenal stock worth more than $20,921,200 as of February 29th. This net worth evaluation does not reflect any other investments that Mr. Florness may own. Additionally, Mr. Florness receives a salary of $4,820,000.00 as CEO at Fastenal. Learn More about Daniel L. Florness' net worth.

How old is Daniel L. Florness?

Mr. Florness is currently 61 years old. There are 8 older executives and no younger executives at Fastenal. Learn More on Daniel L. Florness' age.

What is Daniel L. Florness' salary?

As the CEO of Fastenal, Mr. Florness earns $4,820,000.00 per year. Learn More on Daniel L. Florness' salary.

How do I contact Daniel L. Florness?

The corporate mailing address for Mr. Florness and other Fastenal executives is 2001 THEURER BLVD, WINONA MN, 55987. Fastenal can also be reached via phone at (507) 454-5374 and via email at [email protected]. Learn More on Daniel L. Florness' contact information.

Has Daniel L. Florness been buying or selling shares of Fastenal?

Daniel L. Florness has not been actively trading shares of Fastenal during the last ninety days. Most recently, Daniel L. Florness sold 19,500 shares of the business's stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $60.02, for a transaction totalling $1,170,390.00. Following the completion of the sale, the chief executive officer now directly owns 284,410 shares of the company's stock, valued at $17,070,288.20. Learn More on Daniel L. Florness' trading history.

Who are Fastenal's active insiders?

Fastenal's insider roster includes Michael Ancius (Director), Anthony Broersma (EVP), Michael Dolan (Director), William Drazkowski (Insider), Stephen Eastman (Director), Daniel Florness (CEO), Leland Hein (VP), Rita Heise (Director), Hsenghung Hsu (Director), James Jansen (EVP), Daniel Johnson (Director), Sheryl Lisowski (CAO), Nicholas Lundquist (Director), Charles Miller (VP), Sarah Nielsen (Director), Willard Oberton (Director), Terry Owen (VP), John Soderberg (VP), Jeffery Watts (Insider), and Reyne Wisecup (VP). Learn More on Fastenal's active insiders.

Are insiders buying or selling shares of Fastenal?

In the last twelve months, Fastenal insiders bought shares 1 times. They purchased a total of 500 shares worth more than $28,765.00. In the last twelve months, insiders at the sold shares 16 times. They sold a total of 282,732 shares worth more than $17,583,386.46. The most recent insider tranaction occured on February, 20th when insider Jeffery Michael Watts sold 19,420 shares worth more than $1,364,255.00. Insiders at Fastenal own 0.5% of the company. Learn More about insider trades at Fastenal.

Information on this page was last updated on 2/20/2024.

Daniel L. Florness Insider Trading History at Fastenal

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/30/2023Sell19,500$60.02$1,170,390.00284,410View SEC Filing Icon  
11/14/2023Sell20,000$60.21$1,204,200.00282,929View SEC Filing Icon  
9/14/2022Buy4,000$48.00$192,000.00281,929View SEC Filing Icon  
2/12/2020Sell7,500$38.20$286,500.00207,190View SEC Filing Icon  
10/14/2019Sell40,000$36.00$1,440,000.00239,690View SEC Filing Icon  
4/24/2019Sell20,000$70.75$1,415,000.00109,845View SEC Filing Icon  
4/22/2019Sell10,000$69.99$699,900.00109,845View SEC Filing Icon  
10/12/2018Buy2,000$51.95$103,900.0099,845View SEC Filing Icon  
2/26/2016Sell80,000$45.17$3,613,600.00151,845View SEC Filing Icon  
2/5/2016Sell60,000$43.17$2,590,200.00View SEC Filing Icon  
12/5/2012Buy2,645$41.50$109,767.50View SEC Filing Icon  
See Full Table

Daniel L. Florness Buying and Selling Activity at Fastenal

This chart shows Daniel L Florness's buying and selling at Fastenal by year and by quarter.

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Fastenal Company Overview

Fastenal logo
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
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Today's Range

Now: $73.01
Low: $72.47
High: $73.99

50 Day Range

MA: $67.55
Low: $61.98
High: $73.56

2 Week Range

Now: $73.01
Low: $50.30
High: $73.99

Volume

4,777,142 shs

Average Volume

4,147,784 shs

Market Capitalization

$41.78 billion

P/E Ratio

36.14

Dividend Yield

2.13%

Beta

1.05
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