Bed Bath & Beyond (BBBY) has risen sharply, recording gains of 1.19% in the past 4 weeks. However, the stock has corrected -0.2% in the past 1 week, providing a good buying opportunity on dips. Bed Bath & Beyond (BBBY) : During the past 4 weeks, traders have been relatively bearish on Bed Bath & Beyond (BBBY), hence the stock is down -3.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.67% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 1.38%.
Bed Bath & Beyond (NASDAQ:BBBY): The stock opened at $45.31 on Friday but the bulls could not build on the opening and the stock topped out at $45.31 for the day. The stock traded down to $44.36 during the day, due to lack of any buying support eventually closed down at $44.37 with a loss of -1.29% for the day. The stock had closed at $44.95 on the previous day. The total traded volume was 2,119,229 shares.
The company Insiders own 4.7% of Bed Bath & Beyond shares according to the proxy statements. Institutional Investors own 97.36% of Bed Bath & Beyond shares. During last six month period, the net percent change held by insiders has seen a change of -46.44%. In a related news,The director officer (Chief Executive Officer) of Bed Bath & Beyond Inc, Temares Steven H sold 223,678 shares at $45.81 on May 10, 2016. The Insider selling transaction had a total value worth of $10,246,689. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.