Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Acquires 384 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 384 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was bought at an average cost of $207.95 per share, with a total value of $79,852.80. Following the acquisition, the chief executive officer now owns 1,309,161 shares in the company, valued at approximately $272,240,029.95. This trade represents a 0.03 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, November 20th, Sardar Biglari bought 857 shares of Biglari stock. The shares were bought at an average cost of $210.96 per share, for a total transaction of $180,792.72.
• On Monday, November 18th, Sardar Biglari purchased 5,145 shares of Biglari stock. The stock was bought at an average cost of $240.96 per share, with a total value of $1,239,739.20.
• On Thursday, November 14th, Sardar Biglari acquired 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 purchased at an average price of $247.33 per share, with a total value of $1,235,166.02.

Biglari Stock Performance

NYSE BH opened at $206.41 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.17. Biglari Holdings Inc. has a twelve month low of $143.40 and a twelve month high of $219.00. The stock has a 50-day moving average of $178.08 and a 200 day moving average of $184.93. The stock has a market capitalization of $470.61 million, a price-to-earnings ratio of 1.18 and a beta of 0.71.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Innealta Capital LLC acquired a new position in shares of Biglari during the second quarter valued at approximately $25,000. BNP Paribas Financial Markets increased its position in shares of Biglari by 81.6% during the first quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after purchasing an additional 160 shares in the last quarter. Virtu Financial LLC purchased a new position in Biglari in the 1st quarter valued at $223,000. Ritholtz Wealth Management boosted its stake in 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. Finally, Barclays PLC grew its holdings in shares of Biglari by 78.6% during the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock worth $340,000 after buying an additional 869 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

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.