Sardar Biglari Buys 1,735 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Posted by Samantha Reynolds on Dec 6th, 2024

Biglari Holdings Inc. (NYSE:BH – Get Free Report) CEO Sardar Biglari purchased 1,735 shares of Biglari stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average price of $288.61 per share, with a total value of $500,738.35. Following the acquisition, the chief executive officer now directly owns 1,313,645 shares of the company’s stock, valued at $379,131,083.45. This trade represents a 0.13 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

On Wednesday, December 4th, Sardar Biglari acquired 444 shares of Biglari stock. The shares were purchased at an average price of $223.85 per share, with a total value of $99,389.40.
On Wednesday, November 27th, Sardar Biglari acquired 2,422 shares of Biglari stock. The shares were purchased at an average price of $328.07 per share, with a total value of $794,585.54.
On Friday, November 22nd, Sardar Biglari acquired 384 shares of Biglari stock. The shares were purchased 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 purchased 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 price of $240.96 per share, with a total value of $1,239,739.20.
On Thursday, November 14th, Sardar Biglari purchased 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 purchased 4,994 shares of Biglari stock. The stock was bought at an average price of $247.33 per share, with a total value of $1,235,166.02.

Biglari Trading Up 2.6 %

Shares of BH stock opened at $230.00 on Friday. Biglari Holdings Inc. has a 1 year low of $145.95 and a 1 year high of $231.50. The stock has a market cap of $523.48 million, a P/E ratio of 1.30 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 stock has a 50 day simple moving average of $184.79 and a 200 day simple moving average of $185.15.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on BH

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of Biglari during the first quarter worth $223,000. Ritholtz Wealth Management increased its holdings in shares of Biglari by 40.4% during the second quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock worth $296,000 after buying an additional 441 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Biglari by 3.4% during the second 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 in the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of Biglari by 2.0% during the third 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 in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of 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 buying an additional 402 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

About Biglari

(Get Free Report)

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.