Biglari (NYSE:BH) CEO Sardar Biglari Purchases 938 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 938 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was bought at an average cost of $319.08 per share, with a total value of $299,297.04. Following the completion of the transaction, the chief executive officer owned 1,331,718 shares in the company, valued at approximately $424,924,579.44. This trade represents a 0.07% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, December 10th, Sardar Biglari bought 310 shares of Biglari stock. The shares were purchased at an average price of $321.94 per share, for a total transaction of $99,801.40.
• On Monday, December 8th, Sardar Biglari bought 973 shares of Biglari stock. The stock was purchased at an average price of $315.08 per share, with a total value of $306,572.84.
• On Friday, December 5th, Sardar Biglari acquired 1,465 shares of Biglari stock. The stock was purchased at an average price of $306.90 per share, with a total value of $449,608.50.
• On Thursday, December 4th, Sardar Biglari acquired 1,139 shares of Biglari stock. The shares were purchased at an average cost of $306.05 per share, with a total value of $348,590.95.
• On Wednesday, December 3rd, Sardar Biglari bought 2,802 shares of Biglari stock. The shares were acquired at an average price of $303.32 per share, for a total transaction of $849,902.64.
• On Monday, November 24th, Sardar Biglari purchased 2,032 shares of Biglari stock. The stock was acquired at an average price of $393.35 per share, with a total value of $799,287.20.

Biglari Trading Up 0.7%

NYSE:BH opened at $322.55 on Thursday. The firm has a market capitalization of $735.42 million, a P/E ratio of 28.82 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.83 and a quick ratio of 2.80. Biglari Holdings Inc. has a one year low of $195.05 and a one year high of $381.83. The company’s 50-day simple moving average is $333.90 and its 200 day simple moving average is $308.52.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Biglari from a “buy” rating to a “hold” rating in a report on Saturday, November 15th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BH. Russell Investments Group Ltd. increased its stake in shares of Biglari by 608.3% in the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Biglari by 128.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 50 shares during the last quarter. CWM LLC increased its holdings in shares of Biglari by 148.7% in the third quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 58 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Biglari during the third quarter valued at approximately $34,000. Finally, Police & Firemen s Retirement System of New Jersey boosted its stake in Biglari by 41.3% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 171 shares of the restaurant operator’s stock valued at $50,000 after buying an additional 50 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

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.