Biglari (NYSE:BH) CEO Sardar Biglari Purchases 449 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 449 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were acquired at an average price of $333.14 per share, with a total value of $149,579.86. Following the completion of the acquisition, the chief executive officer owned 1,332,477 shares of the company’s stock, valued at approximately $443,901,387.78. The trade was a 0.03% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, December 16th, Sardar Biglari bought 156 shares of Biglari stock. The shares were bought at an average cost of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari bought 212 shares of Biglari stock. The shares were bought at an average price of $698.01 per share, with a total value of $147,978.12.
• On Wednesday, December 10th, Sardar Biglari purchased 310 shares of Biglari stock. The stock was bought at an average price of $321.94 per share, for a total transaction of $99,801.40.
• On Tuesday, December 9th, Sardar Biglari acquired 938 shares of Biglari stock. The shares were bought at an average cost of $319.08 per share, with a total value of $299,297.04.
• On Monday, December 8th, Sardar Biglari bought 973 shares of Biglari stock. The stock was bought at an average price of $315.08 per share, with a total value of $306,572.84.
• On Friday, December 5th, Sardar Biglari bought 1,465 shares of Biglari stock. The shares were purchased at an average cost of $306.90 per share, for a total transaction of $449,608.50.
• On Thursday, December 4th, Sardar Biglari purchased 1,139 shares of Biglari stock. The stock was purchased at an average cost of $306.05 per share, with a total value of $348,590.95.
• On Wednesday, December 3rd, Sardar Biglari acquired 2,802 shares of Biglari stock. The stock was purchased at an average price 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 shares were purchased at an average cost of $393.35 per share, for a total transaction of $799,287.20.

Biglari Stock Performance

BH opened at $323.64 on Wednesday. The stock’s 50 day simple moving average is $333.24 and its 200-day simple moving average is $311.03. The company has a current ratio of 2.83, a quick ratio of 2.80 and a debt-to-equity ratio of 0.54. The stock has a market cap of $737.90 million, a PE ratio of 28.92 and a beta of 0.82. Biglari Holdings Inc. has a 1 year low of $195.05 and a 1 year high of $381.83.

Wall Street Analysts Forecast Growth

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

Hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. boosted its stake in shares of Biglari by 7.1% in the 3rd quarter. Alliancebernstein L.P. now owns 1,501 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 100 shares in the last quarter. Occudo Quantitative Strategies LP lifted its holdings in Biglari by 6.9% during the 3rd quarter. Occudo Quantitative Strategies LP now owns 1,011 shares of the restaurant operator’s stock valued at $327,000 after purchasing an additional 65 shares during the last quarter. Two Sigma Investments LP boosted its position in Biglari by 162.8% in the third quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock valued at $3,742,000 after buying an additional 7,163 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in Biglari by 4.1% during the third quarter. Bridgeway Capital Management LLC now owns 16,944 shares of the restaurant operator’s stock worth $5,484,000 after buying an additional 666 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Biglari by 319.8% during the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after buying an additional 30,810 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

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.