Sardar Biglari Buys 2,422 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 2,422 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of $328.07 per share, for a total transaction of $794,585.54. Following the completion of the acquisition, the chief executive officer now owns 1,312,054 shares in the company, valued at approximately $430,445,555.78. This trade represents a 0.18 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, November 22nd, Sardar Biglari purchased 384 shares of Biglari stock. The shares were purchased at an average price of $207.95 per share, for a total transaction of $79,852.80.
• On Wednesday, November 20th, Sardar Biglari acquired 857 shares of Biglari stock. The shares were purchased at an average price of $210.96 per share, with a total value of $180,792.72.
• On Monday, November 18th, Sardar Biglari bought 5,145 shares of Biglari stock. The stock was acquired 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 shares were acquired at an average cost of $328.48 per share, with a total value of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari acquired 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 Price Performance

Shares of NYSE:BH opened at $210.43 on Friday. The firm has a 50 day simple moving average of $181.69 and a 200 day simple moving average of $185.09. The company has a market cap of $479.78 million, a price-to-earnings ratio of 1.19 and a beta of 0.71. Biglari Holdings Inc. has a one year low of $144.20 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 1.44.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Innealta Capital LLC bought a new position in Biglari in the 2nd quarter valued at approximately $25,000. Virtu Financial LLC bought a new position in shares of Biglari during the first quarter valued at $223,000. Ritholtz Wealth Management grew 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. Barclays PLC increased its holdings in Biglari by 78.6% in 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 during the period. Finally, Los Angeles Capital Management LLC raised its position in Biglari by 2.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 4,418 shares of the restaurant operator’s stock worth $760,000 after purchasing an additional 88 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

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.