Compass Capital Management Lowered Fastenal Co (FAST) Position; Scynexis (SCYX) Shorts Increased By 8.49%

May 22, 2018 - By Henry Gaston

Fastenal Company (NASDAQ:FAST) Logo

Compass Capital Management Inc decreased Fastenal Co (FAST) stake by 3.18% reported in 2017Q4 SEC filing. Compass Capital Management Inc sold 16,824 shares as Fastenal Co (FAST)’s stock declined 2.22%. The Compass Capital Management Inc holds 512,240 shares with $28.01 million value, down from 529,064 last quarter. Fastenal Co now has $15.48 billion valuation. The stock increased 0.09% or $0.05 during the last trading session, reaching $53.82. About 20,280 shares traded. Fastenal Company (NASDAQ:FAST) has risen 5.62% since May 22, 2017 and is uptrending. It has underperformed by 5.93% the S&P500.

Scynexis Inc (NASDAQ:SCYX) had an increase of 8.49% in short interest. SCYX’s SI was 1.16 million shares in May as released by FINRA. Its up 8.49% from 1.07M shares previously. With 648,700 avg volume, 2 days are for Scynexis Inc (NASDAQ:SCYX)’s short sellers to cover SCYX’s short positions. The SI to Scynexis Inc’s float is 4.39%. The stock increased 0.60% or $0.01 during the last trading session, reaching $1.68. About 685 shares traded. SCYNEXIS, Inc. (NASDAQ:SCYX) has declined 51.26% since May 22, 2017 and is downtrending. It has underperformed by 62.81% the S&P500.

Since March 8, 2018, it had 7 buys, and 0 sales for $246,885 activity. $10,000 worth of SCYNEXIS, Inc. (NASDAQ:SCYX) was bought by Francois Eric. Shares for $24,995 were bought by Angulo Gonzalez David. $169,000 worth of SCYNEXIS, Inc. (NASDAQ:SCYX) was bought by Taglietti Marco on Thursday, March 8. On Thursday, March 8 the insider Sukenick Scott bought $5,001. The insider HASTINGS DAVID C bought $19,999.

SCYNEXIS, Inc., a drug development company, develops and commercializes anti-infectives to address unmet therapeutic needs. The company has market cap of $78.70 million. It is developing its lead product candidate, SCY-078, as a novel oral and intravenous drug for the treatment of various fungal infections, including serious and life-threatening invasive fungal infections. It currently has negative earnings. The firm also develops SCY-078, which is in various Phase I studies for the oral and intravenous formulations, as well as has completed Phase II study as a step-down therapy in patients with invasive candidiasis and vulvovaginal candidiasis.

Investors sentiment increased to 1.43 in 2017 Q4. Its up 0.34, from 1.09 in 2017Q3. It improved, as 4 investors sold SCYNEXIS, Inc. shares while 3 reduced holdings. 4 funds opened positions while 6 raised stakes. 8.53 million shares or 0.18% less from 8.55 million shares in 2017Q3 were reported. 200,000 are owned by California Public Employees Retirement. Susquehanna Ltd Liability Partnership stated it has 95,163 shares or 0% of all its holdings. Geode Capital Management Limited Liability Company reported 128,724 shares. Financial Bank Of Ny Mellon stated it has 0% in SCYNEXIS, Inc. (NASDAQ:SCYX). Moreover, Royal Bancorporation Of Canada has 0% invested in SCYNEXIS, Inc. (NASDAQ:SCYX). Creative Planning stated it has 47,300 shares. Virtu Financial Ltd reported 24,183 shares or 0% of all its holdings. Dafna Capital Mngmt Limited Company invested 0.63% of its portfolio in SCYNEXIS, Inc. (NASDAQ:SCYX). The Texas-based Bridgeway Capital Mgmt Inc has invested 0% in SCYNEXIS, Inc. (NASDAQ:SCYX). Rock Springs Capital L P invested in 760,000 shares or 0.08% of the stock. Jpmorgan Chase & stated it has 5,987 shares. Dimensional Fund Advisors Lp accumulated 245,580 shares or 0% of the stock. Us Bancorp De invested in 0% or 31,500 shares. Federated Invsts Pa has 4.21 million shares. Rbf Ltd owns 11,100 shares for 0% of their portfolio.

Among 8 analysts covering Scynexis Inc (NASDAQ:SCYX), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Scynexis Inc had 15 analyst reports since August 20, 2015 according to SRatingsIntel. As per Friday, October 7, the company rating was upgraded by WBB Securities. The rating was maintained by Needham with “Hold” on Wednesday, August 9. On Monday, August 7 the stock rating was maintained by Roth Capital with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $17 target in Monday, November 16 report. The firm earned “Buy” rating on Wednesday, August 17 by Guggenheim. The company was initiated on Thursday, October 20 by H.C. Wainwright. The stock of SCYNEXIS, Inc. (NASDAQ:SCYX) earned “Buy” rating by Brean Capital on Monday, March 28. WBB Securities initiated it with “Strong Buy” rating and $8.0 target in Tuesday, December 29 report. Needham maintained SCYNEXIS, Inc. (NASDAQ:SCYX) on Thursday, August 20 with “Buy” rating. WBB Securities upgraded the shares of SCYX in report on Tuesday, August 9 to “Buy” rating.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.25, from 1.3 in 2017Q3. It turned negative, as 37 investors sold FAST 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. Arrowstreet Cap Lp holds 0% or 26,100 shares in its portfolio. Gulf International Savings Bank (Uk) Limited owns 92,186 shares or 0.06% of their US portfolio. Alps Advsrs has invested 0% in Fastenal Company (NASDAQ:FAST). Stratos Wealth Prns Limited reported 49,042 shares. Tdam Usa has invested 0.01% in Fastenal Company (NASDAQ:FAST). Stevens Mngmt Ltd Partnership holds 0.17% of its portfolio in Fastenal Company (NASDAQ:FAST) for 80,450 shares. Pnc Finance Svcs Gru Inc accumulated 0.01% or 259,211 shares. Mason Street Advsr Limited Liability Company reported 40,031 shares. Sadoff Mgmt Lc, Wisconsin-based fund reported 7,938 shares. Kentucky Retirement Sys holds 17,722 shares. Ellington Mngmt Group Ltd Liability Com reported 0.03% of its portfolio in Fastenal Company (NASDAQ:FAST). Melvin Cap LP invested in 800,000 shares or 0.41% of the stock. Reilly Fin Limited Co owns 200 shares. Stephens Invest Management Ltd Llc reported 76,832 shares stake. Lafleur & Godfrey Ltd Liability Corporation stated it has 3,685 shares or 0.05% of all its holdings.

Since December 15, 2017, it had 3 insider buys, and 4 sales for $1.96 million activity. On Tuesday, March 6 the insider Drazkowski William Joseph sold $424,808. Another trade for 700 shares valued at $35,219 was bought by Eastman Stephen L.. 242 shares were sold by Jansen James C, worth $14,036 on Friday, March 9. Miller Charles S. had sold 26,250 shares worth $1.48 million. Shares for $140,793 were sold by Polipnick Gary A. on Friday, December 15. Another trade for 1,000 shares valued at $50,275 was bought by Lewis Holden. 455 shares valued at $22,181 were bought by Ancius Michael J on Wednesday, April 25.

Among 19 analysts covering Fastenal (NASDAQ:FAST), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Fastenal had 77 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, March 6, the company rating was maintained by Robert W. Baird. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, January 19. The company was maintained on Tuesday, June 6 by BMO Capital Markets. Macquarie Research initiated it with “Neutral” rating and $50 target in Friday, August 26 report. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, August 21. The firm earned “Buy” rating on Tuesday, March 8 by Argus Research. KeyBanc Capital Markets maintained the shares of FAST in report on Wednesday, December 6 with “Buy” rating. The firm has “Hold” rating given on Thursday, January 19 by Stifel Nicolaus. The rating was upgraded by Robert W. Baird on Wednesday, July 12 to “Outperform”. The rating was maintained by Susquehanna on Thursday, January 18 with “Hold”.

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 $189.87M for 20.39 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.

Fastenal Company (NASDAQ:FAST) Institutional Positions Chart

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