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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

By Faheem Tahir | September 24, 2025, 8:17 PM

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
Pixabay/Public Domain

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

Disclosure: None.

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