Best Buy Co. Inc’s recent filing unveils that its SVP, Controller & CAO Watson Mathew unloaded Company’s shares for reported $0.15 million on Sep 04 ’25. In the deal valued at $76.76 per share,2,018 shares were sold. As a result of this transaction, Watson Mathew now holds 20,132 shares worth roughly $1.55 million.
Then, Watson Mathew bought 2,018 shares, generating $154,908 in total proceeds.
Before that, Watson Mathew sold 3,715 shares. Best Buy Co. Inc shares valued at $275,176 were divested by the SVP, Controller & CAO at a price of $74.07 per share. As a result of the transaction, Watson Mathew now holds 22,150 shares, worth roughly $1.71 million.
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 Tuesday, Best Buy Co. Inc [NYSE:BBY] saw its stock fall -0.73% to $77.02. Over the last five days, the stock has gained 3.44%. Best Buy Co. Inc shares have fallen nearly -22.52% since the year began. Nevertheless, the stocks have fallen -10.23% over the past one year. While a 52-week high of $103.48 was reached on 02/20/25, a 52-week low of $54.99 was recorded on 04/09/25.
Levels Of Support And Resistance For BBY Stock
The 24-hour chart illustrates a support level at 76.51, which if violated will result in even more drops to 76.00. On the upside, there is a resistance level at 77.49. A further resistance level may holdings at 77.95.
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 2025-08-15, dropping by -0.53 million shares to a total of 14.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 14.94 million shares. There was a decline of -3.68%, which implies that there is a negative 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.
