Sardar Biglari Purchases 384 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 384 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was bought at an average price of $207.95 per share, for a total transaction of $79,852.80. Following the completion of the purchase, the chief executive officer now owns 1,309,161 shares of the company’s stock, valued at approximately $272,240,029.95. The trade was a 0.03 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, November 20th, Sardar Biglari acquired 857 shares of Biglari stock. The shares were purchased at an average cost of $210.96 per share, with a total value of $180,792.72.
• On Monday, November 18th, Sardar Biglari purchased 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 acquired 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 acquired at an average price of $247.33 per share, with a total value of $1,235,166.02.

Biglari Price Performance

NYSE BH traded down $0.49 during trading hours on Friday, hitting $208.01. The company had a trading volume of 4,393 shares, compared to its average volume of 2,695. The firm has a 50 day simple moving average of $178.08 and a 200 day simple moving average of $184.93. Biglari Holdings Inc. has a 52 week low of $143.40 and a 52 week high of $219.00. The firm has a market capitalization of $474.26 million, a price-to-earnings ratio of 1.18 and a beta of 0.71. 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 Trading of Biglari

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in Biglari in the first quarter valued at approximately $223,000. 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 last quarter. Ritholtz Wealth Management increased its stake in Biglari by 40.4% in the second 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 during the last quarter. Empowered Funds LLC lifted its stake in Biglari by 4.6% during the third quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator’s stock worth $1,568,000 after purchasing an additional 402 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Biglari by 81.6% during the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock valued at $68,000 after purchasing an additional 160 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Biglari from a “hold” rating to a “strong-buy” rating in a report 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.