Bed Bath & Beyond Inc (BBBY): Steven H Temares , Chief Executive Officer of Bed Bath & Beyond Inc sold 223,678 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $45.81 per share for a total value of $10246219 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Arthur Stark (President and CMO) sold 17,139 shares at $49.16 per share price.On Apr 19, 2016, Matthew Fiorilli (Senior VP – Stores) sold 41,029 shares at $49.79 per share price.Also, On Apr 12, 2016, Warren Eisenberg (Co-Chairman) sold 959,837 shares at $47.99 per share price.On Jun 1, 2015, Steven H Temares (Chief Executive Officer) sold 200,000 shares at $78.54 per share price.
Bed Bath & Beyond: On Tuesday, May 10, 2016 heightened volatility was witnessed in Bed Bath & Beyond which led to swings in the share price. The shares opened for trading at $45.38 and hit $45.92 on the upside , eventually ending the session at $45.74, with a gain of 0.95% or 0.43 points. The heightened volatility saw the trading volume jump to 17,08,397 shares. The 52-week high of the share price is $74.21 and the company has a market cap of $7,128 M . The 52-week low of the share price is at $41.26.
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 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.