Best Buy Co. Inc’s recent filing unveils that its Chairman Emeritus SCHULZE RICHARD M unloaded Company’s shares for reported $53.2 million on Jun 09 ’25. In the deal valued at $72.95 per share,729,201 shares were sold. As a result of this transaction, SCHULZE RICHARD M now holds 196,100 shares worth roughly $12.98 million.
Then, SCHULZE RICHARD M bought 200,000 shares, generating $14,550,000 in total proceeds.
Before that, SCHULZE RICHARD M bought 1,000,000 shares. Best Buy Co. Inc shares valued at $72,750,000 were divested by the 10% Owner at a price of $72.75 per share.
Piper Sandler downgraded its Best Buy Co. Inc [BBY] rating to a Neutral from a an Overweight 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 late May has reiterated a ‘”an Outperform”‘ rating for it. Citigroup also remained covering BBY and has decreased its forecast on April 03, 2025 with a “Neutral” recommendation from previously “Buy” rating. Telsey Advisory Group maintained its rating on March 05, 2025. It rated BBY as “an Outperform”.
Price Performance Review of BBY
On Monday, Best Buy Co. Inc [NYSE:BBY] saw its stock fall -2.01% to $66.19. Over the last five days, the stock has lost -6.71%. Best Buy Co. Inc shares have fallen nearly -25.76% since the year began. Nevertheless, the stocks have fallen -22.86% 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 2025-06-13, growing by 1.57 million shares to a total of 13.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 11.56 million shares. There was a rise of 11.97%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 27, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $110.
