Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Acquires 857 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 857 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average cost of $210.96 per share, with a total value of $180,792.72. Following the purchase, the chief executive officer now owns 1,307,591 shares of the company’s stock, valued at approximately $275,849,397.36. This trade represents a 0.07 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Friday, November 22nd, Sardar Biglari acquired 384 shares of Biglari stock. The stock was acquired at an average cost of $207.95 per share, with a total value of $79,852.80.
• On Monday, November 18th, Sardar Biglari acquired 5,145 shares of Biglari stock. The stock was acquired 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 stock was purchased at an average price 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, for a total transaction of $1,235,166.02.

Biglari Trading Down 0.2 %

Shares of BH stock opened at $208.01 on Friday. Biglari Holdings Inc. has a 1 year low of $143.40 and a 1 year high of $219.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.44. The stock’s 50 day simple moving average is $178.08 and its two-hundred day simple moving average is $184.93. The company has a market cap of $474.26 million, a PE ratio of 1.18 and a beta of 0.71.

Wall Street Analyst Weigh In

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

Institutional Trading of Biglari

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Innealta Capital LLC purchased a new position in Biglari in the 2nd quarter worth $25,000. BNP Paribas Financial Markets raised its stake in Biglari by 81.6% in the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after acquiring an additional 160 shares during the last quarter. Virtu Financial LLC purchased a new position in Biglari in the 1st quarter worth $223,000. Ritholtz Wealth Management raised its stake in Biglari by 40.4% in the 2nd quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock worth $296,000 after acquiring an additional 441 shares during the last quarter. Finally, Barclays PLC raised its stake in Biglari by 78.6% in the 3rd quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock worth $340,000 after acquiring an additional 869 shares during the last quarter. Institutional investors 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.