Biglari Holdings Inc. (NYSE:BH) CEO Buys $1,235,166.02 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 4,994 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were bought at an average price of $247.33 per share, for a total transaction of $1,235,166.02. Following the completion of the transaction, the chief executive officer now owns 1,281,750 shares of the company’s stock, valued at approximately $317,015,227.50. This trade represents a 0.39 % increase in their ownership of the stock. The acquisition 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 Thursday, November 14th, Sardar Biglari bought 4,663 shares of Biglari stock. The shares were purchased at an average cost of $328.48 per share, for a total transaction of $1,531,702.24.
• On Wednesday, August 21st, Sardar Biglari purchased 43,161 shares of Biglari stock. The shares were purchased at an average price of $13.59 per share, with a total value of $586,557.99.
• On Monday, August 19th, Sardar Biglari acquired 62,329 shares of Biglari stock. The shares were acquired at an average cost of $13.46 per share, with a total value of $838,948.34.
• On Friday, August 16th, Sardar Biglari acquired 21,325 shares of Biglari stock. The stock was bought at an average price of $13.13 per share, for a total transaction of $279,997.25.

Biglari Trading Down 1.0 %

BH opened at $210.01 on Friday. Biglari Holdings Inc. has a one year low of $142.01 and a one year high of $219.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.40. The business has a 50 day simple moving average of $173.87 and a two-hundred day simple moving average of $184.62. The firm has a market capitalization of $477.98 million, a price-to-earnings ratio of 1.19 and a beta of 0.71.

Institutional Investors Weigh In On Biglari

Hedge funds have recently made changes to their positions in the company. Innealta Capital LLC bought a new position in shares of Biglari in the second quarter worth approximately $25,000. BNP Paribas Financial Markets lifted its position in Biglari by 81.6% in the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock valued at $68,000 after acquiring an additional 160 shares in the last quarter. Virtu Financial LLC purchased a new stake in Biglari during the 1st quarter valued at $223,000. Ritholtz Wealth Management raised its stake in shares of Biglari by 40.4% in the second quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock worth $296,000 after purchasing an additional 441 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of Biglari by 78.6% during the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock valued at $340,000 after purchasing an additional 869 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised Biglari from a “hold” rating to a “strong-buy” rating in a research note 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.