Best Buy Co. Inc’s recently made public that its SEVP Enterprise Strategy & CFO Bilunas Matthew M unloaded Company’s shares for reported $3.78 million on Mar 24 ’25. In the deal valued at $74.20 per share,51,000 shares were sold. As a result of this transaction, Bilunas Matthew M now holds 55,856 shares worth roughly $4.0 million.
Then, Bilunas Matthew M sold 9,482 shares, generating $688,839 in total proceeds. Upon selling the shares at $72.65, the SEVP Enterprise Strategy & CFO now owns 106,856 shares.
Before that, Watson Mathew sold 2,951 shares. Best Buy Co. Inc shares valued at $214,381 were divested by the SVP, Controller & CAO at a price of $72.65 per share. As a result of the transaction, Watson Mathew now holds 21,371 shares, worth roughly $1.53 million.
Citigroup downgraded its Best Buy Co. Inc [BBY] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early March has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering BBY and reiterated its “an Outperform” recommendation on November 27, 2024. Telsey Advisory Group maintained its rating on August 30, 2024. It rated BBY as “an Outperform”.
Price Performance Review of BBY
On Monday, Best Buy Co. Inc [NYSE:BBY] saw its stock fall -2.98% to $71.60. Over the last five days, the stock has lost -2.41%. Best Buy Co. Inc shares have fallen nearly -16.55% since the year began. Nevertheless, the stocks have fallen -2.37% over the past one year.
How much short interest is there in Best Buy Co. Inc?
A steep rise in short interest was recorded in Best Buy Co. Inc stocks on 2025-04-30, growing by 0.19 million shares to a total of 14.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 13.94 million shares. There was a rise of 1.36%, which implies that there is a positive sentiment for the stock.
