Biglari (NYSE:BH) CEO Sardar Biglari Buys 3,452 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 3,452 shares of the stock in a transaction dated Wednesday, December 17th. The stock was bought at an average cost of $463.34 per share, with a total value of $1,599,449.68. Following the completion of the purchase, the chief executive officer owned 1,335,713 shares in the company, valued at $618,889,261.42. The trade was a 0.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Tuesday, December 16th, Sardar Biglari purchased 156 shares of Biglari stock. The shares were purchased at an average cost of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari acquired 212 shares of Biglari stock. The stock was purchased at an average price of $698.01 per share, with a total value of $147,978.12.
• On Friday, December 12th, Sardar Biglari bought 449 shares of Biglari stock. The shares were acquired at an average price of $333.14 per share, for a total transaction of $149,579.86.
• On Wednesday, December 10th, Sardar Biglari purchased 310 shares of Biglari stock. The stock was acquired at an average price of $321.94 per share, with a total value of $99,801.40.
• On Tuesday, December 9th, Sardar Biglari acquired 938 shares of Biglari stock. The shares were acquired at an average price of $319.08 per share, for a total transaction of $299,297.04.
• On Monday, December 8th, Sardar Biglari bought 973 shares of Biglari stock. The shares were acquired at an average cost 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 shares were purchased at an average cost of $306.90 per share, with a total value of $449,608.50.
• On Thursday, December 4th, Sardar Biglari bought 1,139 shares of Biglari stock. The stock was purchased at an average cost of $306.05 per share, for a total transaction of $348,590.95.
• On Wednesday, December 3rd, Sardar Biglari purchased 2,802 shares of Biglari stock. The shares were purchased at an average cost of $303.32 per share, with a total value of $849,902.64.
• On Monday, November 24th, Sardar Biglari acquired 2,032 shares of Biglari stock. The stock was acquired at an average price of $393.35 per share, for a total transaction of $799,287.20.

Biglari Trading Up 0.4%

Shares of NYSE:BH opened at $323.88 on Thursday. The stock has a market capitalization of $738.45 million, a PE ratio of 28.78 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. The company’s 50-day moving average price is $332.85 and its two-hundred day moving average price is $311.12. Biglari Holdings Inc. has a one year low of $195.05 and a one year high of $381.83.

Institutional Trading of Biglari

A number of institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. increased its holdings in shares of Biglari by 608.3% during 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 during the period. Jones Financial Companies Lllp raised its holdings in Biglari by 128.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock valued at $29,000 after acquiring an additional 50 shares in the last quarter. CWM LLC lifted its position in shares of Biglari by 148.7% during the 3rd quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 58 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Biglari during the 3rd quarter worth $34,000. Finally, State of Alaska Department of Revenue bought a new position in shares of Biglari in the third quarter worth $51,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

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

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.