Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Acquires 2,422 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 2,422 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average price of $328.07 per share, for a total transaction of $794,585.54. Following the completion of the acquisition, the chief executive officer now directly owns 1,312,054 shares in the company, valued at approximately $430,445,555.78. The trade was a 0.18 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Sardar Biglari also recently made the following trade(s):

• On Friday, November 22nd, Sardar Biglari acquired 384 shares of Biglari stock. The shares were bought at an average price of $207.95 per share, for a total transaction of $79,852.80.
• On Wednesday, November 20th, Sardar Biglari bought 857 shares of Biglari stock. The stock was purchased at an average cost of $210.96 per share, for a total transaction of $180,792.72.
• On Monday, November 18th, Sardar Biglari acquired 5,145 shares of Biglari stock. The stock was purchased at an average cost of $240.96 per share, with a total value of $1,239,739.20.
• On Thursday, November 14th, Sardar Biglari bought 4,663 shares of Biglari stock. The shares were purchased at an average cost of $328.48 per share, for a total transaction of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari bought 4,994 shares of Biglari stock. The stock was acquired at an average cost of $247.33 per share, with a total value of $1,235,166.02.

Biglari Stock Down 2.1 %

Shares of BH stock traded down $4.57 during trading on Friday, hitting $210.43. 1,487 shares of the company were exchanged, compared to its average volume of 2,755. The business’s 50-day simple moving average is $180.98 and its 200 day simple moving average is $185.03. Biglari Holdings Inc. has a twelve month low of $144.20 and a twelve month high of $219.00. The firm has a market capitalization of $479.78 million, a price-to-earnings ratio of 1.18 and a beta of 0.71. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47.

Analyst Ratings Changes

Separately, StockNews.com raised Biglari from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

Institutional Investors Weigh In On Biglari

A number of institutional investors have recently modified their holdings of the stock. Virtu Financial LLC bought a new position in Biglari during the first quarter valued at approximately $223,000. Ritholtz Wealth Management increased its stake in shares of Biglari by 40.4% during the 2nd quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock worth $296,000 after purchasing an additional 441 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Biglari by 3.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,951 shares of the restaurant operator’s stock valued at $764,000 after purchasing an additional 130 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in shares of Biglari by 2.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 4,418 shares of the restaurant operator’s stock valued at $760,000 after purchasing an additional 88 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Biglari by 4.6% in the 3rd quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator’s stock valued at $1,568,000 after purchasing an additional 402 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

About Biglari

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.