SEVP Scarlett Kathleen sold 40,169 shares of BBY at $99.60 on 2024-08-30, reducing holdings 34.3% to 77.0K shares; stock now at $100.94.
Scarlett Kathleen, SEVP of HR, Corporate Affairs & Canada, executed a substantial open-market sale of 40,169 shares valued at $4,000,731.98 at $99.60, reducing her position by 34.3% from 117,141 to 76,972 shares. The stock has since appreciated to $100.94, positioning the transaction just 1.35% below the current 52-week high of $100.94. Her prior sale at this ticker on 2023-07-05 demonstrated 90-day downside capture (90d return: -16.8%), and across her full cross-ticker trading history, her 1 prior sell achieved a 100.00% well-timed rate at the 90-day mark. However, the company's revenue declined 6.2% year-over-year on an $8.8B quarterly base, and the P/E of 17.71 reflects market pricing in a mature, competitive retail environment. The timing and magnitude of this transaction merit monitoring for any insider perspective on forward fundamentals.