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Bed Bath & Beyond (NASDAQ:BBBY) CMO Arthur Stark sold 10,000 shares of the stock on the open market in a transaction dated Thursday, April 17th. The shares were sold at an average price of $63.66, for a total value of $636,600.00. Following the completion of the transaction, the chief marketing officer now directly owns 170,653 shares in the company, valued at approximately $10,863,770. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on BBBY shares. Analysts at Williams Capital cut their price target on shares of Bed Bath & Beyond from $94.00 to $78.00 in a research note on Monday, April 14th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Bed Bath & Beyond in a research note on Friday, April 11th. They now have a $67.00 price target on the stock. Finally, analysts at Citigroup Inc. downgraded shares of Bed Bath & Beyond from a “buy” rating to a “neutral” rating in a research note on Thursday, April 10th. They now have a $72.00 price target on the stock, down previously from $85.00. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and six have given a buy rating to the stock. Bed Bath & Beyond currently has a consensus rating of “Hold” and an average price target of $74.10.

Bed Bath & Beyond (NASDAQ:BBBY) traded down 0.03% on Monday, hitting $63.68. The stock had a trading volume of 2,522,275 shares. Bed Bath & Beyond has a 52 week low of $62.12 and a 52 week high of $80.82. The stock’s 50-day moving average is $67.60 and its 200-day moving average is $71.98. The company has a market cap of $13.090 billion and a price-to-earnings ratio of 13.30.

Bed Bath & Beyond (NASDAQ:BBBY) last released its earnings data on Wednesday, April 9th. The company reported $1.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.60. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same quarter in the previous year, the company posted $1.68 earnings per share. The company’s revenue for the quarter was down 5.8% on a year-over-year basis. Analysts expect that Bed Bath & Beyond will post $5.05 EPS for the current fiscal year.

Bed Bath & Beyond Inc is a chain of retail stores, operating under the names Bed Bath & Beyond (NASDAQ:BBBY), Christmas Tree Shops (CTS), Harmon and Harmon Face Values (Harmon), buybuy BABY and World Market or Cost Plus World Market (World Market).

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