In a filing, Best Buy Co. Inc revealed its 10% Owner SCHULZE RICHARD M acquired Company’s shares for reported $14.55 million on Jun 09 ’25. In the deal valued at $72.75 per share,200,000 shares were bought.
Then, SCHULZE RICHARD M bought 1,000,000 shares, generating $72,750,000 in total proceeds.
Before that, Bilunas Matthew M sold 51,000 shares. Best Buy Co. Inc shares valued at $3,784,200 were divested by the SEVP Enterprise Strategy & CFO at a price of $74.20 per share. As a result of the transaction, Bilunas Matthew M now holds 55,856 shares, worth roughly $4.18 million.
Telsey Advisory Group reiterated its Best Buy Co. Inc [BBY] rating to an Outperform in a research note published on May 23, 2025; the price target was $90. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Neutral”. Telsey Advisory Group also remained covering BBY and reiterated its “an Outperform” recommendation on March 05, 2025. Telsey Advisory Group maintained its rating on November 27, 2024. It rated BBY as “an Outperform”.
Price Performance Review of BBY
On Tuesday, Best Buy Co. Inc [NYSE:BBY] saw its stock jump 2.97% to $74.91. Over the last five days, the stock has gained 7.26%. Best Buy Co. Inc shares have fallen nearly -12.69% since the year began. Nevertheless, the stocks have fallen -15.03% 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 2025-05-30, dropping by -1.83 million shares to a total of 12.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 14.13 million shares. There was a decline of -14.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 30, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $115.
