Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
BEST BUY CO INC (BBY)
Sector: Consumer Cyclical; Industry: Specialty Retail

Best Buy Co., Inc. retails technology products in the United States, Canada, and Mexico. Its stores provide computing and mobile phones, such as computing and peripherals, e-readers, networking products, tablets, and wearables, as well as mobile phones comprising related mobile network carrier commissions; consumer electronics, including digital imaging, health and fitness, home theater, portable audio, and smart home products; and entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products. The company's stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; and other products, such as beverages, snacks, and sundry items, as well as baby products, luggage, and sporting goods. In addition, it provides services comprising consultation, design, delivery, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-10-09 SCHULZE RICHARD M 10%-Owner Sell 499,174 $116.15 $57,976,924 No
2020-10-07 SCHULZE RICHARD M 10%-Owner Sell 250,826 $115.27 $28,912,580 No
2020-09-29 Watson Mathew SVP, Finance-Controller & CAO Sell 52 $109.95 $5,717 No
2020-09-18 Alexander Whitney L Chief Strategy Officer Sell 82 $105.44 $8,646 No
2020-09-21 Hartman Todd G. GC, Chief Risk/Comp Officer Sell 1,200 $105.00 $126,000 No
2020-08-26 MOHAN RAJENDRA M President & COO Sell 65,000 $112.89 $7,338,164 Yes
2020-08-21 Bilunas Matthew M Chief Financial Officer Sell 861 $112.22 $96,626 No
2020-07-23 Alexander Whitney L Chief Strategy Officer Sell 9,000 $98.42 $885,745 No
2020-07-10 MOHAN RAJENDRA M President & COO Sell 14 $85.03 $1,190 No
2020-07-10 Barry Corie S CEO Sell 28 $85.03 $2,381 No
2020-07-08 SCHULZE RICHARD M 10%-Owner Sell 6,000 $86.64 $519,829 No
2020-06-30 SCHULZE RICHARD M 10%-Owner Sell 1,000,000 $86.29 $86,290,927 No
2020-06-12 MOHAN RAJENDRA M President & COO Sell 1,867 $79.22 $147,909 No
2020-06-12 Barry Corie S CEO Sell 4,127 $79.22 $326,953 No
2020-06-05 Scarlett Kathleen Chief Human Resources Officer Sell 3,000 $82.83 $248,475 No
2020-06-02 Scarlett Kathleen Chief Human Resources Officer Sell 1,348 $77.58 $104,576 No
2020-06-03 Furman Matthew M Chief Comm & Publ. Affairs Ofc Sell 12,500 $81.54 $1,019,274 No
2020-05-28 Joly Hubert Director Sell 150,000 $78.28 $11,742,559 Yes
2020-05-29 Peterson Allison Chief Customer Officer Sell 5,000 $77.37 $386,855 No
2020-05-26 Saksena Asheesh President, Best Buy Health Sell 12,000 $80.84 $970,134 No
2020-05-22 Watson Mathew SVP, Finance-Controller & CAO Sell 1,218 $77.41 $94,290 No
2020-05-22 Scarlett Kathleen Chief Human Resources Officer Sell 9,797 $77.49 $759,187 No
2020-05-22 Saksena Asheesh President, Best Buy Health Sell 21,976 $77.49 $1,702,960 No
2020-05-22 Peterson Allison Chief Customer Officer Sell 1,090 $77.41 $84,381 No
2020-05-22 MOHAN RAJENDRA M President & COO Sell 28,263 $77.49 $2,190,151 No
2020-05-22 Joly Hubert Director Sell 101,274 $77.49 $7,847,905 No
2020-05-22 Hartman Todd G. GC, Chief Risk/Comp Officer Sell 2,703 $77.41 $209,248 No
2020-05-22 Furman Matthew M Chief Comm & Publ. Affairs Ofc Sell 8,010 $77.49 $620,709 No
2020-05-22 Bilunas Matthew M Chief Financial Officer Sell 1,752 $77.41 $135,628 No
2020-05-22 Barry Corie S CEO Sell 18,844 $77.49 $1,460,255 No

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.

Insider Smart

SERVICE CORP INTERNATIONAL (SCI) - WALTRIP W BLAIR, Director of $SCI made a buy at 34.65, was he convinced the bottom of the box is a strong support? Well, seems he is not wrong.