Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Purchases 817 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 817 shares of the business’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $366.99 per share, with a total value of $299,830.83. Following the transaction, the chief executive officer now owns 1,319,993 shares in the company, valued at $484,424,231.07. The trade was a 0.06 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, December 12th, Sardar Biglari purchased 516 shares of Biglari stock. The shares were purchased at an average price of $738.70 per share, for a total transaction of $381,169.20.
• On Wednesday, December 4th, Sardar Biglari acquired 444 shares of Biglari stock. The stock was purchased at an average price of $223.85 per share, with a total value of $99,389.40.
• On Monday, December 2nd, Sardar Biglari bought 1,735 shares of Biglari stock. The shares were acquired at an average price of $288.61 per share, for a total transaction of $500,738.35.
• On Wednesday, November 27th, Sardar Biglari purchased 2,422 shares of Biglari stock. The stock was acquired at an average cost of $328.07 per share, with a total value of $794,585.54.
• On Friday, November 22nd, Sardar Biglari acquired 384 shares of Biglari stock. The shares were acquired at an average cost 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 acquired at an average cost of $210.96 per share, with a total value of $180,792.72.
• On Monday, November 18th, Sardar Biglari purchased 5,145 shares of Biglari stock. The shares were bought at an average cost of $240.96 per share, for a total transaction of $1,239,739.20.
• On Thursday, November 14th, Sardar Biglari purchased 4,663 shares of Biglari stock. The stock was bought at an average price of $328.48 per share, with a total value of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari acquired 4,994 shares of Biglari stock. The shares were bought at an average cost of $247.33 per share, for a total transaction of $1,235,166.02.

Biglari Stock Performance

Shares of BH stock opened at $236.24 on Tuesday. The stock has a fifty day moving average price of $194.66 and a 200 day moving average price of $187.10. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47. The stock has a market cap of $537.68 million, a PE ratio of 1.34 and a beta of 0.81. Biglari Holdings Inc. has a 1 year low of $145.95 and a 1 year high of $244.27.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Innealta Capital LLC acquired a new stake in Biglari in the 2nd quarter valued at about $25,000. Ritholtz Wealth Management lifted its holdings in shares of Biglari by 40.4% in the second quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock valued at $296,000 after purchasing an additional 441 shares in the last quarter. Barclays PLC lifted its holdings in shares of Biglari by 78.6% in the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock valued at $340,000 after purchasing an additional 869 shares in the last quarter. Los Angeles Capital Management LLC grew its position in shares of Biglari by 2.0% in the third 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 during the last quarter. Finally, Bank of New York Mellon Corp increased its stake 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 worth $764,000 after purchasing an additional 130 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Biglari from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th.

Biglari Company Profile

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.