Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Buys 2,422 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 2,422 shares of the stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of $328.07 per share, with a total value of $794,585.54. Following the completion of the purchase, the chief executive officer now directly owns 1,312,054 shares of the company’s stock, valued at approximately $430,445,555.78. This trade represents a 0.18 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

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

• On Friday, November 22nd, Sardar Biglari acquired 384 shares of Biglari stock. The shares were 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, with a total value of $180,792.72.
• On Monday, November 18th, Sardar Biglari acquired 5,145 shares of Biglari stock. The shares were 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 acquired 4,663 shares of Biglari stock. The shares were bought at an average price of $328.48 per share, with a total value of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari acquired 4,994 shares of Biglari stock. The shares were bought at an average price of $247.33 per share, with a total value of $1,235,166.02.

Biglari Trading Down 2.1 %

Shares of Biglari stock opened at $210.43 on Monday. The firm has a 50-day simple moving average of $181.69 and a two-hundred day simple moving average of $184.92. The company has a market cap of $478.94 million, a P/E ratio of 1.19 and a beta of 0.71. Biglari Holdings Inc. has a fifty-two week low of $144.20 and a fifty-two week high of $219.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BH. Virtu Financial LLC purchased a new stake in shares of Biglari during the first quarter worth about $223,000. Barclays PLC increased its stake 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 purchasing an additional 869 shares in the last quarter. Ritholtz Wealth Management grew 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 valued at $296,000 after acquiring an additional 441 shares in the last quarter. Empowered Funds LLC grew its stake in Biglari by 4.6% during the 3rd quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator’s stock valued at $1,568,000 after acquiring an additional 402 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Biglari by 3.4% during 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 in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.