Teachers Retirement System of The State of Kentucky Trims Holdings in Best Buy Co., Inc. $BBY

Teachers Retirement System of The State of Kentucky significantly reduced its stake in Best Buy Co., Inc. during the fourth quarter, selling 21,620 shares and now holding 335,216 shares valued at approximately $22.44 million. This move coincides with accelerated insider selling by Best Buy’s CEO and CAO in March. Despite the trimming of institutional holdings, Best Buy reported strong quarterly EPS, provided optimistic FY2027 guidance, and increased its quarterly dividend, though analysts currently maintain a “Hold” rating on the stock.

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