Sardar Biglari Purchases 26,706 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 26,706 shares of the stock in a transaction dated Monday, November 22nd. The shares were acquired at an average cost of $145.98 per share, with a total value of $3,898,541.88. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Wednesday, November 24th, Sardar Biglari purchased 2,260 shares of Biglari stock. The stock was bought at an average price of $160.95 per share, for a total transaction of $363,747.00.

Shares of Biglari stock opened at $146.01 on Thursday. The stock’s 50-day moving average is $162.86 and its 200 day moving average is $166.05. Biglari Holdings Inc. has a one year low of $106.00 and a one year high of $188.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.12 and a quick ratio of 1.10. The firm has a market cap of $332.32 million, a price-to-earnings ratio of 0.64 and a beta of 0.24.

Separately, TheStreet lowered Biglari from a “b-” rating to a “c” rating in a research report on Wednesday, October 27th.

A number of hedge funds have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. raised its stake in Biglari by 0.8% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,774 shares of the restaurant operator’s stock worth $2,037,000 after buying an additional 101 shares during the period. LSV Asset Management raised its stake in shares of Biglari by 51.1% in the second quarter. LSV Asset Management now owns 6,410 shares of the restaurant operator’s stock worth $1,022,000 after purchasing an additional 2,169 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Biglari by 34.9% in the third quarter. Assenagon Asset Management S.A. now owns 5,826 shares of the restaurant operator’s stock worth $1,001,000 after purchasing an additional 1,506 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Biglari by 89.2% in the second quarter. Los Angeles Capital Management LLC now owns 5,557 shares of the restaurant operator’s stock worth $886,000 after purchasing an additional 2,620 shares during the last quarter. Finally, Two Sigma Investments LP raised its stake in shares of Biglari by 53.4% in the third quarter. Two Sigma Investments LP now owns 4,852 shares of the restaurant operator’s stock worth $834,000 after purchasing an additional 1,690 shares during the last quarter. 74.15% of the stock is currently owned by institutional investors and hedge funds.

About Biglari

Biglari Holdings, Inc engages in diverse business such as property and casualty insurance, media and licensing, restaurants, and oil and gas. It operates through the following segments: Restaurant Operations, Insurance, Southern Oil, and Maxim. The Restaurant Operations segment operations include Steak n Shake and Western Sizzlin.

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Insider Buying and Selling by Quarter for Biglari (NYSE:BH)

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