SG Americas Securities LLC Sells 5,811 Shares of Best Buy Co., Inc. (NYSE:BBY)

On March 23, 2023, SG Americas Securities LLC sold 5,811 shares of Best Buy Co., Inc. (NYSE: BBY) for a total price of $479,675. The transaction was reported to the United States Securities and Exchange Commission (SEC) on Form 10-K/A, which is an annual report filed by publicly traded companies that provides information about their financial performance and operations.

Best Buy Co., Inc. is a multinational retailer of consumer electronics, home appliances, and other products. The company operates in the United States, Canada, and China through its subsidiaries, including Geek Squad, Best Buy Mobile, and GreatCall. In fiscal year 2022, which ended on February 3, 2023, Best Buy generated revenue of $41.5 billion and net income of $1.7 billion.

SG Americas Securities LLC is a broker-dealer that provides financial services to institutional clients, including investment banks, hedge funds, and pension plans. The company operates in the United States, Canada, and Latin America through its subsidiaries, including SG Americas Securities, LLC, SG Capital Markets, LLC, and SG Americas Investment Management, LLC. In fiscal year 2022, which ended on December 31, 2022, SG Americas Securities LLC generated revenue of $4.5 billion and net income of $78 million.