Company Shares of Bed Bath & Beyond Rally 0.74%

Bed Bath & Beyond (NASDAQ:BBBY) has climbed 0.74% in the past week and advanced 2.77% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.94% and the outperformance has advanced to 1.83% for the last 4 weeks period.

Bed Bath & Beyond (NASDAQ:BBBY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.50 and $42.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.85, notching a gain of 3.30% for the day. The total traded volume was 5,301,137 . The stock had closed at $42.45 on the previous day.

The company shares have dropped -37.81% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $71.38 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $44.15 and the 200 Day Moving Average price is recorded at $47.17.

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chief Executive Officer) of Bed Bath & Beyond Inc, Temares Steven H had sold 223,678 shares worth of $10,246,689 in a transaction dated May 10, 2016. In this transaction, 223,678 shares were sold at $45.81 per share.

Many analysts have stated their opinion on the company shares. Equity Analysts at the UBS maintains the rating on Bed Bath & Beyond (NASDAQ:BBBY). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency lowers the price target from $52 per share to $47 per share. The rating by the firm was issued on June 15, 2016. Currently the company Insiders own 4.7% of Bed Bath & Beyond shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -46.44% . Institutional Investors own 97.49% of Bed Bath & Beyond shares. During last six month period, the net percent change held by insiders has seen a change of -46.44%.

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.

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