Best Buy Co. Inc’s recent filing unveils that its Chairman Emeritus SCHULZE RICHARD M unloaded Company’s shares for reported $6.29 million on Oct 30 ’25. In the deal valued at $84.31 per share,74,553 shares were sold. As a result of this transaction, SCHULZE RICHARD M now holds 11,451,911 shares worth roughly $933.56 million.
Then, SCHULZE RICHARD M sold 62,834 shares, generating $5,286,928 in total proceeds. Upon selling the shares at $84.14, the Chairman Emeritus now owns 11,526,464 shares.
Before that, SCHULZE RICHARD M bought 74,553 shares. Best Buy Co. Inc shares valued at $6,285,391 were divested by the 10% Owner at a price of $84.31 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 -0.75% to $81.52. Over the last five days, the stock has lost -1.64%. Best Buy Co. Inc shares have fallen nearly -9.83% since the year began. Nevertheless, the stocks have fallen -4.99% 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 80.23, which if violated will result in even more drops to 78.95. On the upside, there is a resistance level at 82.35. A further resistance level may holdings at 83.19.
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.
