SEVP Jason Bonfig sold 25,000 BBY shares at $101.00 (Aug 29); holds 50,949 post-sale as stock hits 52-week high of $100.94.
Bonfig, SEVP of Customer Offerings & Fulfillment at Best Buy, sold 25,000 shares (50.9K remaining post-transaction) at $101.00 on 2024-08-29, realizing $2.5M. The sale occurred as Best Buy stock reached its 52-week high of $100.94, representing the top of its $62.88–$100.94 range. The company's fundamentals show annual revenue contraction of -6.2%, though net income of $246.0M on $8.8B quarterly revenue and a P/E of 17.71 suggest stability. The timing of this sale at the stock's 52-week peak provides a factual observation point for investors assessing management's capital allocation priorities relative to broader performance headwinds in retail electronics.