Best Buy Co., Inc. (NYSE:BBY) has made a 37.93% comeback from a 12-month low price of $47.72. It was seen -4.84% lower, changing the price to $65.82, when the closing bell rang on 5/23/2019. At a recent session, the prices were hovering between $69.17 and $70.75. This company shares are 17.61% off its target price of $77.41 and the current market capitalization stands at $17.59B. The recent change has given its price a -8.43% deficit over SMA 50 and -21.99% deficit over its 52-week high. The stock witnessed -11.88% declines, 8.9% gains and 5.82% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BBY’s volatility during a week at 3.53% and during a month it has been found around 2.95%.

Best Buy Co., Inc. (BBY) Top Holders

Institutional investors currently hold around $14.74 billion or 81.4% in BBY stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.84 billion in Best Buy Co., Inc., which represents roughly 10.46% of the company’s market cap and approximately 12.49% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 23,761,834 shares of the stock are valued at $1.64 billion. The third largest holder is Blackrock Inc., which currently holds $1.2 billion worth of this stock and that ownership represents nearly 6.84% of its market capitalization.

Best Buy Co., Inc. 13F Filings

At the end of March reporting period, 315 institutional holders increased their position in Best Buy Co., Inc. (NYSE:BBY) by some 16,790,383 shares, 314 decreased positions by 29,684,282 and 74 held positions by 166,656,993. That puts total institutional holdings at 213,131,658 shares, according to SEC filings. The stock grabbed 111 new institutional investments totaling 5,470,149 shares while 78 institutional investors sold out their entire positions totaling 3,499,086 shares.

Best Buy Co., Inc. (NYSE:BBY) Insider Trades

Multiple company employees have indulged in significant insider trading. Best Buy Co., Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Digital & Tech Officer Tilzer Brian A has sold 2,739 shares of Best Buy Co., Inc. (BBY) in the trading session dated May. 08, 2019. These shares are worth $199,618 and were traded at $72.88 each. The SEC filing shows that Joly Hubert performed a sale of 171,711 shares. The Chairman & CEO disposed these shares by way of transaction on Apr. 17, 2019. The company’s shares were given away at $73.68 per share worth to an income of some $12,651,666 to the account of Joly Hubert.

Chief Merch & Mktg Officer, MOHAN RAJENDRA M, sold 30,000 common shares of Best Buy Co., Inc. (BBY) in the open market. In a transaction dated Apr. 17, 2019, the shares were put up for sale at an average price of $73.92, raking in a sum of $2,217,600. After this sale, 120,159 common shares of BBY are directly owned by the insider, with total stake valued at $7,908,885.

In the transaction dated Mar. 15, 2019, a great number of shares sold came courtesy the CFO; Barry Corie S disposed a total of 27,788 shares at an average price of $68.55, amounting to approximately $1,904,867. The insider now directly owns 117,953 shares worth $7,763,651.

Best Buy Co., Inc. (BBY) Analyst Guide

Several analysts have released their opinion on Best Buy Co., Inc. (NYSE:BBY), with 6 analysts believing it is a strong buy. Whereas 17 of them predict the stock is a hold. Also, there are 3 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.48 average brokerage recommendation [T1].