Karen Mcloughlin Buys Shares of Best Buy

Karen Mcloughlin recently bought 2,611 shares of Best Buy Co., Inc. (NYSE: BBY) on June 12, 2026. This insider purchase did not have a specified transaction value or price, but it adds to the activity within the company.

Insider Buying and Selling at Best Buy Co., Inc.

Several insiders at Best Buy made similar moves on June 12, 2026. Among them were Sima Sistani, David Kimbell, and Mario Jesus Marte, each acquiring 2,611 shares. David Kenny purchased 4,330 shares, contributing to the day's insider activity.

Best Buy Stock Snapshot

Shares of NYSE:BBY traded near $77.41. Best Buy has a market cap of $16.3 billion, a P/E ratio of 14.3, and a forward P/E of 10.9. With a beta of 1.33, the stock has seen a 52-week low of $55.10 and a high of $84.99. The company's 50-day moving average is $64.58, and the 200-day moving average is $69.85.

Recent Earnings

Best Buy reported revenue of $41.86 billion with a slight growth of 1.9%. The EPS stands at $5.40, and the company maintains a net margin of 2.73%. The return on equity is an impressive 39.1%. The next earnings report is scheduled for August 27, 2026.

Dividend

Best Buy offers an annual dividend rate of $3.84, yielding 4.96%. The payout ratio is 70.6%, reflecting a steady return to shareholders.

Analysts Set New Price Targets

On June 2, 2026, DA Davidson maintained its 'buy' rating with a price target of $90. Citigroup, on May 29, 2026, maintained a 'hold' rating with a target of $79. Other firms like Truist Securities and JP Morgan also kept 'hold' ratings with targets of $81 and $84, respectively. The consensus recommendation is 'hold', with an average target price of $78.65.

About Best Buy

Best Buy Co., Inc. is a leading retailer providing technology products and services in the U.S., Canada, and internationally. Headquartered in Richfield, Minnesota, Best Buy is led by CEO Corie Sue Barry and employs about 82,000 people. The company offers a wide range of products from consumer electronics to appliances and provides services like delivery and installation.

Bottom Line

Insider activity at Best Buy indicates interest from within the company, with multiple insiders purchasing shares on the same day. Best Buy's stock remains a topic of interest with analysts providing mixed ratings. Investors often track such insider transactions for potential insights, but remember that this data reflects past activity and may not indicate current positions.