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

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

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

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

Biglari Stock Down 1.0 %

Shares of BH opened at $210.01 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.40 and a debt-to-equity ratio of 0.17. Biglari Holdings Inc. has a 12 month low of $142.01 and a 12 month high of $219.00. The firm’s 50 day moving average is $173.87 and its 200-day moving average is $184.62. The stock has a market capitalization of $477.98 million, a PE ratio of 1.19 and a beta of 0.71.

Wall Street Analyst Weigh In

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

Institutional Trading of Biglari

A number of institutional investors have recently modified their holdings of the stock. Innealta Capital LLC bought a new position in shares of Biglari in the second quarter worth $25,000. BNP Paribas Financial Markets grew its stake in 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 buying an additional 160 shares in the last quarter. Virtu Financial LLC bought a new position in Biglari in the 1st quarter valued at about $223,000. Ritholtz Wealth Management raised its position in shares of Biglari by 40.4% in the 2nd quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock valued at $296,000 after buying an additional 441 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of Biglari by 78.6% during 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 period. 74.30% of the stock is currently owned by 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.