A Director at Best Buy Co is Exercising Options

Yesterday it was reported that a Director at Best Buy Co (BBYResearch Report), Lisa Caputo, exercised options to sell 10,000 BBY shares at $44.20 a share, for a total transaction value of $808.5K.

Following Lisa Caputo’s last BBY Sell transaction on April 08, 2013, the stock climbed by 57.8%. In addition to Lisa Caputo, one other BBY executive reported Sell trades in the last month.

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Based on Best Buy Co’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $9.76 billion and quarterly net profit of $293 million. In comparison, last year the company earned revenue of $9.59 billion and had a net profit of $277 million. The company has a one-year high of $83.63 and a one-year low of $47.72. BBY’s market cap is $21.25B and the company has a P/E ratio of 14.02.

The insider sentiment on Best Buy Co has been negative according to 58 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Best Buy Co., Inc. provides consumer electronics, home office products, entertainment products, appliances and related services. It operates through two business segments: Domestic and International.