Bed Bath & Beyond Inc (BBBY): Warren Eisenberg , Co-Chairman of Bed Bath & Beyond Inc sold 959,837 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $47.99 per share for a total value of $45651732.
Company has been under the radar of several Street Analysts.Bed Bath & Beyond is Initiated by Barclays to Equal Weight and the brokerage firm has set the Price Target at $50. The Rating was issued on Mar 31, 2016.Bed Bath & Beyond is Initiated by Guggenheim to Neutral. The Rating was issued on Mar 16, 2016.Bed Bath & Beyond is Upgraded by Wolfe Research to Peer Perform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Feb 26, 2016.Bed Bath & Beyond is Downgraded by Oppenheimer to Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Feb 12, 2016.Bed Bath & Beyond is Downgraded by KeyBanc Capital Mkts to Underweight. Earlier the firm had a rating of Sector Weight on the company shares. The Rating was issued on Jan 27, 2016.
Currently the company Insiders own 4.6% of Bed Bath & Beyond shares according to the proxy statements.Institutional Investors own 96.15% of Bed Bath & Beyond shares.
Shares of Bed Bath & Beyond (BBBY) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.59 points or -1.26% at $46.4 with 37,70,558 shares getting traded. Post opening the session at $46.81, the shares hit an intraday low of $46.37 and an intraday high of $47.8 and the price vacillated in this range throughout the day. The company has a market cap of $7,590 M and the number of outstanding shares has been calculated to be 16,35,87,450 shares. The 52-week high of Bed Bath & Beyond is $74.21 and the 52-week low is $41.26.
Bed Bath & Beyond Inc. and subsidiaries is a retailer selling an assortment of domestics merchandise and home furnishings which operates under the names Bed Bath & Beyond Christmas Tree Shops Christmas Tree Shops andThat! or andThat! Harmon or Harmon Face Values buybuy BABY and World Market Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store online or through a mobile device. In addition the Company operates Of a Kind an e-commerce Website that features specially commissioned limited edition items from emerging fashion and home designers. It also operates Linen Holdings a provider of a variety of textile products amenities and other goods to institutional customers in the hospitality cruise line healthcare and other industries. The Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. It sells an assortment of domestics merchandise and home furnishings.