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flag Best Buy insiders sold stock, despite the company beating earnings and raising its dividend.

flag Best Buy insiders have recently sold significant shares. flag CFO Matthew Bilunas sold $3.8 million worth of stock, reducing his ownership by nearly 48%. flag COO Mathew Watson and insider Todd Hartman also sold shares, worth $214,390 and $355,476 respectively. flag Best Buy reported strong earnings of $2.58 per share, beating estimates, and raised its quarterly dividend to $0.95. flag Analysts predict a "Hold" rating with a target price of $93.50.

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