CFO Matthew M Bilunas sold 11.4K BBY shares at $64.02; stock now at $61.71, down 26.5% from 52-week high.
Bilunas sold 11,356 shares at $64.02 on 2026-03-23, reducing his holdings by 12.9% to 76.9K shares; the transaction value was $726,999.76. At current price of $61.71, the stock has declined 4.3% over 30 days and 11.5% over 90 days since the sale, and is 26.5% below its 52-week high of $84.00. His prior 5 sales at Best Buy showed 4 of 5 were well-timed at the 90-day mark, with negative 90-day returns ranging from -14.9% to -6.7%, suggesting a pattern of selling before declines. However, Best Buy's fundamentals remain relatively stable: $9.7B in quarterly revenue, $140.0M net income, and a P/E of 16.41, with only 0.4% annual revenue growth. The timing of this sale relative to his demonstrated track record at this ticker warrants monitoring as the stock trades near recent lows, but the modest revenue growth and flat earnings context provide limited fundamental justification for the magnitude of selling activity.