Biglari (NYSE:BH) CEO Buys $149,579.86 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 449 shares of the company’s stock in a transaction that occurred on 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 acquisition, the chief executive officer owned 1,332,477 shares in the company, valued at $443,901,387.78. This trade represents a 0.03% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, December 16th, Sardar Biglari purchased 156 shares of Biglari stock. The stock was purchased at an average price of $1,599.87 per share, with a total value of $249,579.72.
• On Monday, December 15th, Sardar Biglari bought 212 shares of Biglari stock. The shares were acquired at an average price of $698.01 per share, for a total transaction of $147,978.12.
• On Wednesday, December 10th, Sardar Biglari purchased 310 shares of Biglari stock. The stock was acquired at an average price of $321.94 per share, with a total value of $99,801.40.
• On Tuesday, December 9th, Sardar Biglari purchased 938 shares of Biglari stock. The stock was acquired at an average cost of $319.08 per share, with a total value of $299,297.04.
• On Monday, December 8th, Sardar Biglari acquired 973 shares of Biglari stock. The shares were acquired at an average cost of $315.08 per share, for a total transaction of $306,572.84.
• On Friday, December 5th, Sardar Biglari acquired 1,465 shares of Biglari stock. The stock was acquired at an average cost of $306.90 per share, with a total value of $449,608.50.
• On Thursday, December 4th, Sardar Biglari bought 1,139 shares of Biglari stock. The shares were bought at an average price of $306.05 per share, with a total value of $348,590.95.
• On Wednesday, December 3rd, Sardar Biglari purchased 2,802 shares of Biglari stock. The stock was bought at an average price of $303.32 per share, for a total transaction of $849,902.64.
• On Monday, November 24th, Sardar Biglari purchased 2,032 shares of Biglari stock. The stock was bought at an average cost of $393.35 per share, with a total value of $799,287.20.

Biglari Stock Down 0.3%

Shares of NYSE BH traded down $0.93 during mid-day trading on Tuesday, reaching $323.64. 123,623 shares of the company were exchanged, compared to its average volume of 100,560. Biglari Holdings Inc. has a 1 year low of $195.05 and a 1 year high of $381.83. The firm has a 50-day moving average of $333.24 and a 200 day moving average of $311.03. The stock has a market cap of $737.90 million, a price-to-earnings ratio of 28.92 and a beta of 0.82. The company has a quick ratio of 2.80, a current ratio of 2.83 and a debt-to-equity ratio of 0.54.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Biglari

Several hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its holdings in Biglari by 608.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after buying an additional 73 shares during the period. Jones Financial Companies Lllp boosted its stake in Biglari by 128.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 50 shares during the period. CWM LLC grew its position in Biglari by 148.7% during the 3rd quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 58 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Biglari during the 3rd quarter valued at $34,000. Finally, State of Alaska Department of Revenue purchased a new position in shares of Biglari during the third quarter valued at $51,000. 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.