Sardar Biglari Acquires 384 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 384 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were bought at an average price of $207.95 per share, with a total value of $79,852.80. Following the acquisition, the chief executive officer now directly owns 1,309,161 shares of the company’s stock, valued at $272,240,029.95. The trade was a 0.03 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, November 20th, Sardar Biglari bought 857 shares of Biglari stock. The shares were bought at an average cost of $210.96 per share, with a total value of $180,792.72.
• On Monday, November 18th, Sardar Biglari purchased 5,145 shares of Biglari stock. The stock was bought at an average cost of $240.96 per share, for a total transaction of $1,239,739.20.
• On Thursday, November 14th, Sardar Biglari acquired 4,663 shares of Biglari stock. The stock was purchased at an average price of $328.48 per share, for a total transaction of $1,531,702.24.
• On Tuesday, November 12th, Sardar Biglari bought 4,994 shares of Biglari stock. The stock was purchased at an average cost of $247.33 per share, with a total value of $1,235,166.02.

Biglari Price Performance

Shares of NYSE:BH opened at $206.41 on Friday. The firm has a market capitalization of $469.79 million, a PE ratio of 1.17 and a beta of 0.71. 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 company has a 50-day moving average price of $178.08 and a two-hundred day moving average price of $184.81. Biglari Holdings Inc. has a twelve month low of $143.40 and a twelve month high of $219.00.

Institutional Trading of Biglari

Institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets raised its holdings in Biglari by 81.6% during the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock valued at $68,000 after acquiring an additional 160 shares during the period. Virtu Financial LLC purchased a new position in shares of Biglari in the first quarter valued at $223,000. Bank of New York Mellon Corp grew its position in shares of Biglari by 3.4% in the second quarter. Bank of New York Mellon Corp now owns 3,951 shares of the restaurant operator’s stock valued at $764,000 after purchasing an additional 130 shares in the last quarter. Innealta Capital LLC bought a new stake in shares of Biglari during the 2nd quarter valued at $25,000. Finally, Ritholtz Wealth Management lifted its holdings in Biglari by 40.4% during the 2nd quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock worth $296,000 after purchasing an additional 441 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.