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EdgarHawk

Richard M Schulze

Latest: Insider selling · May 2026

9 filings analyzed · 1 company · Latest 2026-06-17

Companies

Company Buys Sells Direction
BEST BUY CO INC BBY 0 34 Net selling

Activity

June 2026
2026-06-17 BEST BUY CO INC BBY
medium
Sell
81,399 shares
$6,366,547
Significance 5/10

Richard M Schulze sells 81,399 BBY shares for $6.4M across two days at $78.21 avg; stock now $73.10 (-14.0% from 52-week high)

Richard M Schulze executed two separate sales of 81,399 shares totaling $6,366,547.18 at a blended average price of $78.21 on June 15–16, 2026, reducing his holdings from 10.93M to 10.85M shares (-0.7%). The transaction occurred near the stock's 52-week high of $84.99 and ahead of its current price of $73.10, which now sits -14.0% from that peak. Schulze's cross-ticker track record shows 60.00% well-timed selling rate across 20 prior open-market sales, with an average 90-day return of -9.5%. At BBY specifically, his 2025-10-30 sale preceded a -22.2% 90-day decline, and his recent May 29 sales (timing outcomes not yet measurable) immediately preceded this June transaction, suggesting a pattern of repeated disposition. The stock's 30-day return of +26.3% and 90-day return of +13.9% indicate price strength in the near term, but the transaction price relative to current price and the insider's historical timing record warrant monitoring.

2026-06-02 BEST BUY CO INC BBY
high
Sell
500,350 shares
$38,085,311
Significance 7/10

Richard Schulze sells 500,350 shares (500.4K) for $38.1M at avg $76.12; 5 of 5 prior BBY sells well-timed to -20.6% to -22.2% declines.

Richard M Schulze sold 4 separate tranches totaling 500,350 shares for $38,085,310.82 on 2026-05-29, reducing his holdings from 11,431,286 to 10,930,936 shares (-4.4%). The transaction is notable because his prior trading record at BBY shows a consistent pattern: all 5 prior sells at this ticker occurred in late October 2025 and were followed by 90-day declines ranging from -19.4% to -22.2%, establishing a high success rate in capture of downside. Current price of $72.78 is -14.4% from the 52-week high of $84.99 and +21.2% over the past 30 days, positioning this sale at a point where the stock has recovered significantly from its recent lows. The company trades at P/E 19.36 with modest fundamentals (0.4% annual revenue growth, $140M net income on $9.7B revenue), which provides limited fundamental tailwinds. The timing of this large liquidation—after a 21.2% 30-day rally and against a backdrop of historically effective prior exits—suggests the insider may be executing at a perceived local peak.

October 2025
2025-10-31 BEST BUY CO INC BBY
medium
Sell
137,387 shares
$11,572,320
Significance 5/10

Richard M. Schulze sold 137,387 shares for $11,572,320.12 in 2 tranches (10/29-10/30) at BBY; retains 11.45M shares

Richard M. Schulze executed 2 separate sales on 2025-10-29 and 2025-10-30, selling 62,834 shares at $84.14 and 74,553 shares at $84.31 for a combined $11,572,320.12 at a blended average price of $84.23. The transactions reduced his holdings by 1.2%, from 11,589,298 shares to 11,451,911 shares post-transaction. Stock currently trades at $82.14, down 11.7% from its 52-week high of $93.03, placing the transaction prices near recent highs before the decline. His cross-ticker track record shows 20 prior sells with a 0.00% well-timed rate at the 90-day mark, indicating poor historical timing across his broader trading activity. At Best Buy specifically, he has executed 5 prior sales within days of this filing (2025-10-21 through 2025-10-28), all with outcomes not yet measurable. The series of rapid, consecutive sales warrants attention for pattern and context.

2025-10-28 BEST BUY CO INC BBY
high
Sell
571,770 shares
$47,804,501
Significance 6/10

Richard M. Schulze sold 571,770 shares (571.8K shares) at blended avg $83.61 for $47.8M; retains 11.59M shares post-sale.

Richard M. Schulze completed 3 separate sales totaling 571,770 shares for $47,804,500.95 across October 24–28, 2025, at prices ranging from $83.24 to $84.51. Post-transaction, he holds 11,589,298 shares, representing a 4.7% reduction in holdings. The sales occurred within a backdrop of strong recent momentum: the stock gained 10.1% over the prior 30 days and 27.5% over 90 days, trading at $83.86 currently versus a 52-week high of $94.12. Schulze's cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 0.00%, indicating his prior sales have consistently been followed by stock appreciation rather than declines; at Best Buy specifically, his measurable prior sale outcome (from September 3, 2025) showed a 30-day return of +3.9%, again reflecting post-sale strength. The company itself faces headwinds, with annual revenue declining 4.4% year-over-year despite positive near-term price momentum, and a P/E of 22.66 reflects current valuation.

2025-10-22 BEST BUY CO INC BBY
high
Sell
825,836 shares
$67,249,205
Significance 7/10

Richard M. Schulze sells 825,836 shares of Best Buy for $67,249,205.13 across 4 transactions over 2 days at blended avg $81.43

Richard M. Schulze completed 4 separate sales totaling 825,836 shares for $67,249,205.13 on October 20–21, 2025, reducing his holdings from 12,986,904 to 12,161,068 shares (a 6.4% reduction). The sales span a narrow price band ($80.56–$83.00), with the blended average price of $81.43 now trading at $81.37 current price—nearly flat to execution. Examining Schulze's same-ticker history at Best Buy across 5 prior trades, his prior sales showed 0 instances of well-timed exits at the 90-day mark, with average 90-day outcomes ranging from +4.4% to +6.7%, suggesting that when he sold BBY in the past, the stock subsequently rose. Against broader fundamentals, Best Buy faces headwinds: annual revenue contracted 4.4% year-over-year, net income stands at $186.0M on $9.4B revenue, and the stock trades at a P/E of 21.99 while down 15.5% from its 52-week high despite a strong 30-day gain of +12.5%.

September 2025
2025-09-03 BEST BUY CO INC BBY
low
Sell
196,100 shares
$14,511,420
Significance 4/10

Richard M. Schulze sold 196,100 shares (196.1K) of BBY at $74.00 on 2025-09-03 for $14,511,419.61; still holds 12,986,904 shares.

Richard M. Schulze sold 196,100 shares at $74.00, representing a -1.5% reduction from his pre-transaction holdings of 13,183,004 shares. The current price of $74.89 is -27.5% from the 52-week high of $103.30, suggesting the stock has declined materially from recent peaks. His prior sales at Best Buy (5 prior trades) show a 0% well-timed rate at the 90-day mark—none of those prior sells preceded stock declines. Cross-ticker, his 20 prior sells posted a 90-day well-timed rate of 0.00%, with an average 90-day return of +10.8%, indicating his sales have historically been followed by stock appreciation rather than the declines that would signal prescient selling. Despite the current 30-day positive momentum (+13.1%), the broader context shows this insider's sale history at this ticker and across holdings has not demonstrated an ability to exit ahead of adverse moves.

June 2025
2025-06-11 BEST BUY CO INC BBY
high
Sell
729,201 shares
$53,197,109
Significance 6/10

Richard M Schulze sold 729,201 shares (729.2K) at $72.95 for $53.2M; retains 12.99M shares post-transaction.

Richard M Schulze executed 2 separate sales totaling 729,201 shares for $53,197,108.87 on 2025-06-09 at $72.95 per share, reducing his holdings from 13.72M to 12.99M shares (-5.3%). The sale price of $72.95 is 30.7% above the current price of $72.65, indicating the transaction occurred at a recent local high. Schulze's prior 5 trades at Best Buy show a 0% well-timed rate at the 90-day mark—all subsequent 90-day periods produced positive returns, meaning his prior sells at this ticker were poorly timed against forward performance. Best Buy's fundamentals show annual revenue decline of -4.4% year-over-year and a P/E of 17.38, while the stock remains 29.7% below its 52-week high of $103.30. The combination of a material sale from a major holder, a consistent track record of poorly-timed sells at this ticker, and deteriorating financial trends warrants investor attention to the underlying business conditions.

July 2024
2024-07-25 BEST BUY CO INC BBY
medium
Sell
400,000 shares
$35,550,485
Significance 6/10

Richard Schulze sells 400,000 BBY shares for $35.6M across 4 transactions, reducing stake to 13.60M shares.

Richard M. Schulze executed 4 separate sales totaling 400,000 shares for $35,550,484.58 on July 23–24, 2024, at a blended average price of $88.88, reducing his post-transaction holdings to 13.60M shares (-2.9% from prior position). The sales occurred near the stock's 52-week high of $93.63, with the current price at $87.35 representing a -6.7% pullback from that peak. Schulze's cross-ticker track record shows a 90-day well-timed rate of 0.00%, indicating that following his prior sales across all tickers, the stocks subsequently rose rather than fell—meaning his historical sells have been poorly positioned relative to subsequent price action. This BBY sale lacks clear precedent at the same ticker with measurable outcomes; all 5 prior open-market trades at BBY occurred July 19–22, 2024, with no 90-day outcome data available yet. The timing relative to the recent 52-week range and the absence of a pattern of well-timed selling in his broader record warrant observation as the subsequent price trajectory develops.

2024-07-22 BEST BUY CO INC BBY
high
Sell
1,600,000 shares
$141,427,672
Significance 6/10

Richard M. Schulze sells 1,600,000 shares at blended $88.39 for $141,427,672.49; post-transaction holds 14,002,853 shares.

Richard M. Schulze executed 7 separate sales totaling 1,600,000 shares for $141,427,672.49 across July 18–22, 2024, reducing his holdings by 10.3% from 15.60M to 14.00M shares. The sale occurs near the 52-week high (current price $88.96 is -5.0% from the $93.63 peak), with transaction prices ranging from $87.31 to $89.58. His cross-ticker track record shows 20 prior open-market sells with a 25.00% well-timed rate and average 90-day return of -0.3%, while his 5 prior BBY-specific sales show mixed near-term outcomes (30-day returns from -4.8% to +5.0%) with no 90-day measurement yet available. The company reports a -6.2% annual revenue decline and P/E of 15.61, though the stock has recovered +18.6% over 90 days. The large scale and timing relative to recent price strength warrants monitoring of the motivation behind the sale.

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