Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Purchases 4,663 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 4,663 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were purchased at an average price of $328.48 per share, with a total value of $1,531,702.24. Following the completion of the transaction, the chief executive officer now owns 1,292,670 shares of the company’s stock, valued at $424,616,241.60. The trade was a 0.36 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Tuesday, November 12th, Sardar Biglari purchased 4,994 shares of Biglari stock. The shares were purchased at an average cost of $247.33 per share, for a total transaction of $1,235,166.02.
• On Wednesday, August 21st, Sardar Biglari acquired 43,161 shares of Biglari stock. The shares were bought at an average cost of $13.59 per share, with a total value of $586,557.99.
• On Monday, August 19th, Sardar Biglari acquired 62,329 shares of Biglari stock. The stock was purchased at an average cost of $13.46 per share, with a total value of $838,948.34.
• On Friday, August 16th, Sardar Biglari acquired 21,325 shares of Biglari stock. The stock was bought at an average price of $13.13 per share, with a total value of $279,997.25.

Biglari Stock Down 0.1 %

Shares of BH traded down $0.16 during midday trading on Friday, reaching $212.00. The stock had a trading volume of 2,883 shares, compared to its average volume of 2,461. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.40. The company’s fifty day simple moving average is $173.04 and its two-hundred day simple moving average is $184.57. The company has a market cap of $482.51 million, a price-to-earnings ratio of 1.20 and a beta of 0.71. Biglari Holdings Inc. has a 1-year low of $142.01 and a 1-year high of $219.00.

Wall Street Analyst Weigh In

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

Institutional Trading of Biglari

Several institutional investors and hedge funds have recently made changes to their positions in BH. Virtu Financial LLC purchased a new stake in shares of Biglari during the 1st quarter worth approximately $223,000. Ritholtz Wealth Management increased its holdings 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 buying an additional 441 shares during the last quarter. 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 in the last quarter. BNP Paribas Financial Markets lifted its position in Biglari by 81.6% during the first quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock valued at $68,000 after buying an additional 160 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Biglari by 3.4% in the second quarter. Bank of New York Mellon Corp now owns 3,951 shares of the restaurant operator’s stock worth $764,000 after buying an additional 130 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

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.