Biglari Holdings Inc. (NYSE:BH) CEO Acquires $180,792.72 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 857 shares of Biglari stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average cost of $210.96 per share, for a total transaction of $180,792.72. Following the purchase, the chief executive officer now owns 1,307,591 shares of the company’s stock, valued at $275,849,397.36. The trade was a 0.07 % increase in their ownership of the stock. The purchase 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 Friday, November 22nd, Sardar Biglari bought 384 shares of Biglari stock. The stock was purchased at an average cost of $207.95 per share, for a total transaction of $79,852.80.
• On Monday, November 18th, Sardar Biglari purchased 5,145 shares of Biglari stock. The shares were bought at an average price 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 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 bought 4,994 shares of Biglari stock. The stock was purchased at an average price of $247.33 per share, for a total transaction of $1,235,166.02.

Biglari Stock Performance

Biglari stock opened at $206.41 on Friday. 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 firm has a market cap of $469.79 million, a P/E ratio of 1.17 and a beta of 0.71. Biglari Holdings Inc. has a 1-year low of $143.40 and a 1-year high of $219.00. The firm has a 50-day moving average of $178.08 and a 200-day moving average of $184.81.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Los Angeles Capital Management LLC lifted 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 buying an additional 88 shares during the period. Innealta Capital LLC purchased a new stake in Biglari in the 2nd quarter worth approximately $25,000. Bank of New York Mellon Corp lifted its holdings 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 worth $764,000 after buying an additional 130 shares during the period. BNP Paribas Financial Markets lifted its holdings in Biglari by 81.6% in the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after buying an additional 160 shares during the period. Finally, Empowered Funds LLC lifted its holdings in Biglari by 4.6% in the 3rd quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator’s stock worth $1,568,000 after buying an additional 402 shares during the period. Institutional investors 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 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.