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Best Buy execs sold millions in company stock despite strong Q4 earnings and a raised dividend.
Best Buy insiders have recently sold significant shares: CFO Matthew M. Bilunas sold $3.78 million worth, COO Mathew Watson sold $214,390, and Todd G. Hartman sold $355,476.
Best Buy's Q4 earnings were strong, reporting $2.58 EPS, beating estimates, and increasing its quarterly dividend to $0.95.
Analysts predict $6.18 EPS for the year, with a consensus "Hold" rating and a target price of $93.50.
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Best Buy execs vendió millones en acciones de la compañía a pesar de las fuertes ganancias del Q4 y un dividendo aumentado.