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

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 817 shares of Biglari stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average price of $366.99 per share, for a total transaction of $299,830.83. Following the acquisition, the chief executive officer now directly owns 1,319,993 shares of the company’s stock, valued at $484,424,231.07. The trade was a 0.06 % increase in their position. The acquisition 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 acquired 516 shares of Biglari stock. The stock was purchased at an average cost of $738.70 per share, for a total transaction of $381,169.20.
• On Wednesday, December 4th, Sardar Biglari bought 444 shares of Biglari stock. The shares were acquired at an average cost of $223.85 per share, with a total value of $99,389.40.
• On Monday, December 2nd, Sardar Biglari acquired 1,735 shares of Biglari stock. The stock was acquired at an average cost of $288.61 per share, with a total value of $500,738.35.
• On Wednesday, November 27th, Sardar Biglari purchased 2,422 shares of Biglari stock. The shares were acquired at an average cost of $328.07 per share, with a total value of $794,585.54.
• On Friday, November 22nd, Sardar Biglari purchased 384 shares of Biglari stock. The stock was bought at an average price of $207.95 per share, with a total value of $79,852.80.
• On Wednesday, November 20th, Sardar Biglari acquired 857 shares of Biglari stock. The shares were bought at an average price of $210.96 per share, for a total transaction of $180,792.72.
• On Monday, November 18th, Sardar Biglari bought 5,145 shares of Biglari stock. The stock was bought at an average price of $240.96 per share, with a total value of $1,239,739.20.
• On Thursday, November 14th, Sardar Biglari purchased 4,663 shares of Biglari stock. The shares were bought at an average cost of $328.48 per share, for a total transaction of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari acquired 4,994 shares of Biglari stock. The stock was purchased at an average cost of $247.33 per share, with a total value of $1,235,166.02.

Biglari Stock Up 2.3 %

Shares of Biglari stock traded up $5.41 during trading hours on Monday, hitting $236.24. 6,628 shares of the company’s stock traded hands, compared to its average volume of 2,998. Biglari Holdings Inc. has a twelve month low of $145.95 and a twelve month high of $244.27. The company has a market cap of $537.68 million, a PE ratio of 1.34 and a beta of 0.81. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The stock has a 50 day simple moving average of $194.66 and a 200-day simple moving average of $187.10.

Hedge Funds Weigh In On Biglari

Institutional investors and hedge funds have recently made changes to their positions in the business. Innealta Capital LLC acquired a new position in Biglari in the second quarter worth about $25,000. Ritholtz Wealth Management lifted its holdings 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 buying an additional 441 shares during the last quarter. Barclays PLC grew its position in shares of 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 in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Biglari by 3.4% in 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 acquiring an additional 130 shares during the last quarter. Finally, Los Angeles Capital Management LLC raised its position 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 acquiring an additional 88 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

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.