Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Purchases 5,145 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 5,145 shares of Biglari stock in a transaction dated Monday, November 18th. The stock was acquired at an average price of $240.96 per share, with a total value of $1,239,739.20. Following the acquisition, the chief executive officer now directly owns 1,302,770 shares of the company’s stock, valued at approximately $313,915,459.20. This represents a 0.40 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Thursday, November 14th, Sardar Biglari purchased 4,663 shares of Biglari stock. The shares were 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 bought 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 Stock Performance

BH opened at $210.61 on Thursday. The stock’s 50 day moving average price is $176.52 and its two-hundred day moving average price is $184.70. The firm has a market capitalization of $480.19 million, a P/E ratio of 1.19 and a beta of 0.71. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. Biglari Holdings Inc. has a 12-month low of $143.00 and a 12-month high of $219.00.

Institutional Investors Weigh In On Biglari

Hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its stake in Biglari by 81.6% in the first 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 during the period. Virtu Financial LLC bought a new position in Biglari in the 1st quarter valued at $223,000. Bank of New York Mellon Corp raised its holdings in shares of Biglari by 3.4% in 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 buying an additional 130 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of Biglari during the second quarter worth approximately $25,000. Finally, Ritholtz Wealth Management lifted its holdings in Biglari by 40.4% during the 2nd 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. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Biglari from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th.

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.