Selling Buzz: Best Buy Co. Inc [BBY] Chairman Emeritus SCHULZE RICHARD M sells 729,201 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Best Buy Co. Inc shares valued at $53,197,109 were sold by SCHULZE RICHARD M on Jun 09 ’25. At $72.95 per share, SCHULZE RICHARD M sold 729,201 shares. The insider’s holdings dropped to 196,100 shares worth approximately $13.42 million following the completion of this transaction.

Also, SCHULZE RICHARD M purchased 200,000 shares, netting a total of over 14,550,000 in proceeds.

Before that, SCHULZE RICHARD M had added 1,000,000 shares to its account. In a trade valued at $72,750,000, the 10% Owner bought Best Buy Co. Inc shares for $72.75 each.

As published in a research note from Telsey Advisory Group on May 23, 2025, Best Buy Co. Inc [BBY] has been retained to an Outperform and the price target has been revised to $90. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early April. As of March 05, 2025, Telsey Advisory Group has reiterated its “an Outperform” rating for BBY. Earlier on November 27, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for BBY stock.

Analyzing BBY Stock Performance

On last trading session,, Best Buy Co. Inc [NYSE: BBY] rose 0.63% to $68.43. The stock’s lowest price that day was $67.59, but it reached a high of $68.74 in the same session. During the last five days, there has been a surge of approximately 0.99%. Over the course of the year, Best Buy Co. Inc shares have dropped approximately -23.40%. Shares of the company reached a 52-week high of $91.68 on 02/20/25 and a 52-week low of $54.99 on 04/09/25.

Support And Resistance Levels for Best Buy Co. Inc (BBY)

According to the 24-hour chart, there is a support level at 67.75, which, if violated, would cause prices to drop to 67.08. In the upper region, resistance lies at 68.93. The next price resistance is at 69.44. RSI (Relative Strength Index) is 46.77 on the 14-day chart, showing neutral technical sentiment.

Is Best Buy Co. Inc subject to short interest?

Stocks of Best Buy Co. Inc saw a sharp rise in short interest on 2025-06-13 jumping by 1.57 million shares to 13.13 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 11.56 million shares. A jump of 11.97% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.32 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.32.

Which companies own the most shares of Best Buy Co. Inc (BBY)?

In terms of Best Buy Co. Inc share price expectations, FactSet research, analysts set an average price target of 90 in the next 12 months, up nearly 32.35% from the previous closing price of $68.0. Analysts anticipate Best Buy Co. Inc stock to reach 105 by 2025, with the lowest price target being 81. In spite of this, 27 analysts ranked Best Buy Co. Inc stock as Buy at the end of 2025. On August 30, 2024, Telsey Advisory Group assigned a price target of “an Outperform” to the stock and reiterated coverage with a $115.

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