Best Buy Co. Inc’s filing revealed that its Chairman Emeritus SCHULZE RICHARD M unloaded Company’s shares for reported $31.14 million on Oct 24 ’25. In the deal valued at $83.24 per share,374,164 shares were sold. As a result of this transaction, SCHULZE RICHARD M now holds 11,786,904 shares worth roughly $988.45 million.
Then, SCHULZE RICHARD M sold 104,313 shares, generating $8,814,991 in total proceeds. Upon selling the shares at $84.51, the Chairman Emeritus now owns 11,682,591 shares.
Before that, SCHULZE RICHARD M sold 93,293 shares. Best Buy Co. Inc shares valued at $7,845,895 were divested by the Chairman Emeritus at a price of $84.10 per share. As a result of the transaction, SCHULZE RICHARD M now holds 11,589,298 shares, worth roughly $971.88 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 jump 1.18% to $83.86. Over the last five days, the stock has gained 1.45%. Best Buy Co. Inc shares have fallen nearly -10.90% since the year began. Nevertheless, the stocks have fallen -2.26% over the past one year. While a 52-week high of $95.49 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 82.14, which if violated will result in even more drops to 80.42. On the upside, there is a resistance level at 85.04. A further resistance level may holdings at 86.22.
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 2025-10-15, growing by 0.8 million shares to a total of 16.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 16.11 million shares. There was a rise of 4.7%, 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.
