Sardar Biglari Buys 5,145 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 5,145 shares of the stock in a transaction on Monday, November 18th. The stock was purchased at an average cost of $240.96 per share, with a total value of $1,239,739.20. Following the purchase, the chief executive officer now directly owns 1,302,770 shares of the company’s stock, valued at approximately $313,915,459.20. This represents a 0.40 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Thursday, November 14th, Sardar Biglari purchased 4,663 shares of Biglari stock. The stock was acquired at an average price 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 shares were bought at an average price of $247.33 per share, for a total transaction of $1,235,166.02.

Biglari Trading Up 0.8 %

Shares of Biglari stock opened at $210.61 on Thursday. Biglari Holdings Inc. has a 12-month low of $143.00 and a 12-month high of $219.00. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $176.52 and its 200-day moving average is $184.70. The stock has a market cap of $480.19 million, a P/E ratio of 1.19 and a beta of 0.71.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Biglari from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

Institutional Trading of Biglari

A number of large investors have recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of Biglari during the 2nd quarter worth approximately $25,000. BNP Paribas Financial Markets raised its stake in Biglari by 81.6% in the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after purchasing an additional 160 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Biglari in the first quarter valued at approximately $223,000. Ritholtz Wealth Management lifted its position in shares of Biglari by 40.4% during the 2nd quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock valued at $296,000 after acquiring an additional 441 shares during the period. Finally, Barclays PLC grew its stake in Biglari by 78.6% during the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator’s stock worth $340,000 after buying an additional 869 shares in the last quarter. Institutional investors and hedge funds 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.