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Best Buy beat earnings estimates, announced a dividend, but faced significant insider selling.
Best Buy saw mixed investment activity in the last quarter, with Meeder Asset Management reducing its stake by 84.8%, while Nomura Asset Management increased its holdings by 0.2%.
Best Buy beat earnings estimates, reporting $2.58 per share, and announced a $0.95 quarterly dividend.
Insiders sold a significant amount of shares, totaling 78,355.
The company has a market cap of $15.58 billion and a PE ratio of 12.60.
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