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Commonwealth Equity Services LLC boosted its holdings in shares of Best Buy Co., Inc. (NYSE: BBY) by 46.2% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 142,288 shares of the technology retailer's stock after buying an additional 44,989 shares during the period.
Best Buy is rated a buy as revenue growth inflects and margins structurally improve. Q3 2026 comps grew 2.7% y/y, with October at 5%, signaling accelerating demand and successful hardware refresh cycles. Marketplace and Ads initiatives are scaling rapidly, driving margin durability and offsetting hardware mix pressure.
Ethic Inc. lessened its stake in Best Buy Co., Inc. (NYSE: BBY) by 35.2% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,376 shares of the technology retailer's stock after selling 8,880 shares during the period. Ethic Inc.'s
Edmp Inc. purchased a new stake in Best Buy Co., Inc. (NYSE: BBY) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,996 shares of the technology retailer's stock, valued at approximately $605,000. Several other large investors have also made changes to their
Best Buy (BBY) stock has decreased by 15.1% over the past 21 trading days. This recent decline has raised fresh worries regarding cautious Q4 guidance and reduced consumer spending; however, significant downturns like this frequently provoke a more difficult question: is the decline a transient issue, or does it indicate more significant problems within the company?
Cwm LLC increased its stake in shares of Best Buy Co., Inc. (NYSE: BBY) by 272.6% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,842 shares of the technology retailer's stock after purchasing an additional 134,508 shares during the
Best Buy has demonstrated resilience, beating Q3 FY'26 earnings estimates and delivering double-digit EPS growth amid persistent macro headwinds. BBY's comparable store sales rose 2.7%, reversing last year's decline, with segment performance and international growth notably improving. Domestic revenue grew 2.1% to $8.9B, though margins remain pressured; international revenue surged 6.1% with margin expansion.
Assenagon Asset Management S.A. lessened its stake in shares of Best Buy Co., Inc. (NYSE: BBY) by 92.3% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,748 shares of the technology retailer's stock after selling 176,622 shares during the
Texas Permanent School Fund Corp boosted its stake in Best Buy Co., Inc. (NYSE: BBY) by 48.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 30,650 shares of the technology retailer's stock after buying an additional 9,988 shares during the period. Texas
Cyndeo Wealth Partners LLC bought a new position in Best Buy Co., Inc. (NYSE: BBY) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 97,134 shares of the technology retailer's stock, valued at approximately $7,345,000. A number of other institutional investors and
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Axa S.A. increased its stake in shares of Best Buy Co., Inc. (NYSE: BBY) by 143.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 191,811 shares of the technology retailer's stock after acquiring an additional 113,016 shares during the quarter.
California Public Employees Retirement System reduced its stake in shares of Best Buy Co., Inc. (NYSE: BBY) by 3.8% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 346,068 shares of the technology retailer's stock after selling 13,737 shares during the
Federated Hermes Inc. cut its stake in shares of Best Buy Co., Inc. (NYSE: BBY) by 14.4% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,425,769 shares of the technology retailer's stock after selling 239,459 shares during the period. Federated Hermes Inc.
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Best Buy recently reported encouraging earnings numbers to suggest demand for tech is stronger than expected.