In Thursday’s Wall Street session, Best Buy Co. Inc (NYSE:BBY) shares traded at $72.54, down -0.15% from the previous session.
BBY stock price is now 7.15% away from the 50-day moving average and -13.09% away from the 200-day moving average. The market capitalization of the company currently stands at $15.33B.
With the price target reduced from $100 to $90, Telsey Advisory Group maintained Outperform rating for Best Buy Co. Inc (NYSE: BBY). On April 03, 2025, Citigroup Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $70, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, SCHULZE RICHARD M, Chairman Emeritus sold 729,201 shares of the company’s stock on Jun 09 ’25. The stock was sold for $53,197,109 at an average price of $72.95. Upon completion of the transaction, the Chairman Emeritus now directly owns 196,100 shares in the company, valued at $14.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09 ’25, 10% Owner SCHULZE RICHARD M bought 200,000 shares of the business’s stock. A total of $14,550,000 was incurred on buying the stock at an average price of $72.75. A total of 7.99% of the company’s stock is owned by insiders.
During the past 12 months, Best Buy Co. Inc has had a low of $54.99 and a high of $103.71. As of last week, the company has a debt-to-equity ratio of 1.47, a current ratio of 1.02, and a quick ratio of 0.32.
The net profit margin was 2.13% and return on equity was 30.21% for BBY.
