Best Buy Co. Inc’s recently made public that its SEVP Enterprise Strategy & CFO Bilunas Matthew M unloaded Company’s shares for reported $6.05 million on Dec 11 ’24. In the deal valued at $87.46 per share,69,166 shares were sold. As a result of this transaction, Bilunas Matthew M now holds 92,070 shares worth roughly $6.89 million.
Then, Bilunas Matthew M bought 69,166 shares, generating $6,048,928 in total proceeds.
Before that, Barry Corie S sold 79,829 shares. Best Buy Co. Inc shares valued at $7,715,952 were divested by the CEO at a price of $96.66 per share. As a result of the transaction, Barry Corie S now holds 358,241 shares, worth roughly $26.8 million.
Telsey Advisory Group reiterated its Best Buy Co. Inc [BBY] rating to an Outperform in a research note published on March 05, 2025; the price target was $100. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late November has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering BBY and reiterated its “an Outperform” recommendation on August 30, 2024. UBS revised its rating on June 17, 2024. It rated BBY as “a Buy” which previously was an “a Neutral”.
Price Performance Review of BBY
On Tuesday, Best Buy Co. Inc [NYSE:BBY] saw its stock fall -5.12% to $74.82. Over the last five days, the stock has lost -0.51%. Best Buy Co. Inc shares have fallen nearly -12.80% since the year began. Nevertheless, the stocks have fallen -5.91% over the past one year. While a 52-week high of $103.71 was reached on 02/20/25, a 52-week low of $69.29 was recorded on 03/04/25. SMA at 50 days reached $85.35, while 200 days put it at $88.60.
Levels Of Support And Resistance For BBY Stock
The 24-hour chart illustrates a support level at 73.25, which if violated will result in even more drops to 71.68. On the upside, there is a resistance level at 77.84. A further resistance level may holdings at 80.86. The Relative Strength Index (RSI) on the 14-day chart is 31.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.87%. Stochastics %K at 25.46% indicates the stock is a holding.
