Biglari Holdings Inc. (NYSE:BH) CEO Acquires $381,169.20 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 516 shares of Biglari stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of $738.70 per share, with a total value of $381,169.20. Following the completion of the purchase, the chief executive officer now owns 1,319,162 shares in the company, valued at $974,464,969.40. This trade represents a 0.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, December 16th, Sardar Biglari purchased 817 shares of Biglari stock. The stock was purchased at an average price of $366.99 per share, for a total transaction of $299,830.83.
• On Wednesday, December 4th, Sardar Biglari purchased 444 shares of Biglari stock. The shares were acquired at an average price of $223.85 per share, with a total value of $99,389.40.
• On Monday, December 2nd, Sardar Biglari bought 1,735 shares of Biglari stock. The stock was acquired at an average price of $288.61 per share, for a total transaction of $500,738.35.
• On Wednesday, November 27th, Sardar Biglari acquired 2,422 shares of Biglari stock. The shares were bought at an average cost of $328.07 per share, with a total value of $794,585.54.
• On Friday, November 22nd, Sardar Biglari bought 384 shares of Biglari stock. The stock was bought at an average price of $207.95 per share, for a total transaction of $79,852.80.
• On Wednesday, November 20th, Sardar Biglari purchased 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 purchased at an average cost of $240.96 per share, for a total transaction 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, with a total value of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari purchased 4,994 shares of Biglari stock. The shares were purchased at an average price of $247.33 per share, for a total transaction of $1,235,166.02.

Biglari Stock Performance

Shares of Biglari stock opened at $236.41 on Thursday. The firm has a market capitalization of $538.07 million, a P/E ratio of 1.34 and a beta of 0.81. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.17. The business’s fifty day simple moving average is $197.78 and its 200 day simple moving average is $187.85. Biglari Holdings Inc. has a 12 month low of $145.95 and a 12 month high of $265.73.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Biglari

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Innealta Capital LLC bought a new position in Biglari during the second quarter valued at $25,000. Ritholtz Wealth Management lifted its position 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 valued at $296,000 after buying an additional 441 shares during the last quarter. Barclays PLC grew its stake 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. Los Angeles Capital Management LLC increased its holdings in Biglari by 2.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 4,418 shares of the restaurant operator’s stock worth $760,000 after acquiring an additional 88 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in 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 period. 74.30% of the stock is owned by hedge funds and other institutional investors.

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.