Richard M. Schulze, an insider at Best Buy Co Inc (BBY), sold 247,340 shares of the company's stock on September 18, 2026. The transaction, executed at an average price of $92.43 per share, amounted to approximately $22.86 million.
This sale follows a series of other transactions by Schulze in recent months. Insider selling activity can be attributed to a variety of reasons, including personal financial planning, diversification of holdings, or adherence to pre-established trading plans. Such sales do not necessarily indicate a negative view of the company's future prospects.