Best Buy Co., Inc. (BBY)’s Chairman Emeritus, Richard M. Schulze, Sells 196,100 Shares of the Company’s Common Stock at a Weighted Average Price of About $74

Best Buy Co., Inc. (NYSE:BBY) is one of the 11 Best Retirement Stocks to Buy According to Analysts.

Best Buy Co., Inc. (BBY)’s Chairman Emeritus, Richard M. Schulze, Sells 196,100 Shares of the Company’s Common Stock at a Weighted Average Price of About $74

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On September 3, 2025, Best Buy Co., Inc. (NYSE:BBY)’s Richard M. Schulze, who is Chairman Emeritus, sold 196,100 shares of the company’s common stock at a weighted average price of about $74, totaling $14.5 million.

Based on the SEC filing, the sales were made on behalf of a family foundation, ranging between $73.75 and $74.36 per share. The sale leaves the foundation with no remaining shares. Best Buy Co., Inc. (NYSE:BBY) remains a $15.8 billion company with a solid dividend yield, steady fundamentals, and investor confidence.

Best Buy Co., Inc. (NYSE:BBY) offers technology products and solutions across the U.S., Canada, and internationally. It secures a place in the Best Retirement Portfolio.

While we acknowledge the potential of BBY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BBY and that has 100x upside potential, check out our report about this cheapest AI stock.

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