Sardar Biglari Buys 516 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 516 shares of Biglari stock in a transaction on Thursday, December 12th. The shares were purchased at an average cost of $738.70 per share, with a total value of $381,169.20. Following the completion of the acquisition, the chief executive officer now owns 1,319,162 shares of the company’s stock, valued at $974,464,969.40. This trade represents a 0.04 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Monday, December 16th, Sardar Biglari acquired 817 shares of Biglari stock. The stock was acquired at an average price of $366.99 per share, with a total value of $299,830.83.
• On Wednesday, December 4th, Sardar Biglari bought 444 shares of Biglari stock. The shares were bought at an average price of $223.85 per share, for a total transaction of $99,389.40.
• On Monday, December 2nd, Sardar Biglari purchased 1,735 shares of Biglari stock. The stock was bought at an average price of $288.61 per share, with a total value of $500,738.35.
• On Wednesday, November 27th, Sardar Biglari acquired 2,422 shares of Biglari stock. The shares were bought at an average cost of $328.07 per share, for a total transaction of $794,585.54.
• On Friday, November 22nd, Sardar Biglari bought 384 shares of Biglari stock. The shares were bought at an average cost of $207.95 per share, with a total value of $79,852.80.
• On Wednesday, November 20th, Sardar Biglari purchased 857 shares of Biglari stock. The stock was purchased at an average cost of $210.96 per share, for a total transaction of $180,792.72.
• On Monday, November 18th, Sardar Biglari bought 5,145 shares of Biglari stock. The shares were purchased at an average cost of $240.96 per share, for a total transaction of $1,239,739.20.
• On Thursday, November 14th, Sardar Biglari purchased 4,663 shares of Biglari stock. The stock was purchased at an average cost 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 acquired at an average cost of $247.33 per share, for a total transaction of $1,235,166.02.

Biglari Stock Performance

Shares of NYSE BH opened at $256.69 on Wednesday. The stock’s 50-day moving average is $196.43 and its 200 day moving average is $187.51. The stock has a market cap of $584.23 million, a price-to-earnings ratio of 1.45 and a beta of 0.81. Biglari Holdings Inc. has a 1-year low of $145.95 and a 1-year high of $265.73. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Empowered Funds LLC boosted its holdings in Biglari by 4.6% during the 3rd quarter. Empowered Funds LLC now owns 9,118 shares of the restaurant operator’s stock valued at $1,568,000 after acquiring an additional 402 shares during the period. Los Angeles Capital Management LLC lifted its position in Biglari by 2.0% in the third quarter. Los Angeles Capital Management LLC now owns 4,418 shares of the restaurant operator’s stock valued at $760,000 after purchasing an additional 88 shares during the last quarter. Bank of New York Mellon Corp boosted its stake 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 valued at $764,000 after purchasing an additional 130 shares during the period. Barclays PLC grew its holdings in shares of Biglari by 78.6% in the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock worth $340,000 after purchasing an additional 869 shares during the last quarter. Finally, Ritholtz Wealth Management grew its holdings 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. 74.30% of the stock is owned by hedge funds and other 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.