Biglari (NYSE:BH) CEO Sardar Biglari Purchases 310 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 310 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was bought at an average cost of $321.94 per share, with a total value of $99,801.40. Following the purchase, the chief executive officer owned 1,332,028 shares in the company, valued at approximately $428,833,094.32. This represents a 0.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Tuesday, December 9th, Sardar Biglari acquired 938 shares of Biglari stock. The shares were bought 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 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 stock was 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 shares were purchased at an average price of $306.05 per share, for a total transaction 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 price of $393.35 per share, for a total transaction of $799,287.20.

Biglari Price Performance

NYSE:BH traded up $2.19 during mid-day trading on Wednesday, reaching $322.55. The stock had a trading volume of 72,572 shares, compared to its average volume of 113,981. The firm has a 50 day moving average price of $333.90 and a two-hundred day moving average price of $308.52. The stock has a market capitalization of $735.42 million, a P/E ratio of 28.82 and a beta of 0.82. Biglari Holdings Inc. has a one year low of $195.05 and a one year high of $381.83. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.80 and a current ratio of 2.83.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Biglari

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Deutsche Bank AG boosted its stake in shares of Biglari by 111.6% during the first quarter. Deutsche Bank AG now owns 364 shares of the restaurant operator’s stock valued at $79,000 after purchasing an additional 192 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Biglari by 1.2% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,029 shares of the restaurant operator’s stock worth $2,605,000 after buying an additional 142 shares during the period. Nuveen LLC bought a new stake in Biglari during the 1st quarter valued at $3,965,000. Bridgeway Capital Management LLC boosted its position in Biglari by 1.1% during the 1st quarter. Bridgeway Capital Management LLC now owns 15,633 shares of the restaurant operator’s stock valued at $3,385,000 after buying an additional 165 shares during the period. Finally, Jones Financial Companies Lllp purchased a new stake in Biglari during the 1st quarter valued at $64,000. Institutional investors own 74.30% of the company’s stock.

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.