LSV Asset Management reduced its stake in Best Buy Co., Inc. by 2.6% in the third quarter, selling 35,401 shares and retaining 1,308,200 shares valued at $98.93 million. Other institutional investors have also adjusted their positions in BBY. Best Buy’s stock recently opened at $64.87, and the company reported strong Q3 earnings, beating analyst estimates, and announced a quarterly dividend of $0.95.
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LSV Asset Management Sells 35,401 Shares of Best Buy Co., Inc. $BBY
LSV Asset Management reduced its stake in Best Buy Co., Inc. by 2.6% in the third quarter, selling 35,401 shares and retaining 1,308,200 shares valued at $98.93 million. Other institutional investors have also adjusted their positions in BBY. Best Buy’s stock recently opened at $64.87, and the company reported strong Q3 earnings, beating analyst estimates, and announced a quarterly dividend of $0.95.