Best Buy Co. Inc’s recently made public 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 $13.97 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.
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 Monday, Best Buy Co. Inc [NYSE:BBY] saw its stock jump 2.34% to $71.23. Over the last five days, the stock has lost -2.09%. Best Buy Co. Inc shares have fallen nearly -16.98% since the year began. Nevertheless, the stocks have fallen -17.54% over the past one year. While a 52-week high of $103.71 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 70.18, which if violated will result in even more drops to 69.14. On the upside, there is a resistance level at 71.80. A further resistance level may holdings at 72.38.
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.
