The COO, Best Buy U.S. of Best Buy Co (BBY) is Selling Shares


Today, the COO, Best Buy U.S. of Best Buy Co (BBY), Rajendra Mohan, sold shares of BBY for $172.8K.

In addition to Rajendra Mohan, one other BBY executive reported Sell trades in the last month.

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Based on Best Buy Co’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $14.8 billion and quarterly net profit of $735 million. In comparison, last year the company earned revenue of $9.11 billion and had a net profit of $208 million. BBY’s market cap is $17.15B and the company has a P/E ratio of 12.27. Currently, Best Buy Co has an average volume of 3.6M.

Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $78.88, reflecting a 21.3% upside.

The insider sentiment on Best Buy Co has been negative according to 49 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Best Buy Co., Inc. provides consumer electronics, home office products, entertainment products, appliances and related services. It operates through two business segments: Domestic and International.

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