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

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 384 shares of the stock in a transaction on Friday, November 22nd. The stock was acquired at an average price of $207.95 per share, with a total value of $79,852.80. Following the completion of the acquisition, the chief executive officer now owns 1,309,161 shares of the company’s stock, valued at $272,240,029.95. This represents a 0.03 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, November 20th, Sardar Biglari bought 857 shares of Biglari stock. The stock was purchased 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 purchased at an average price 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 shares were purchased at an average price of $328.48 per share, with a total value 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 price of $247.33 per share, for a total transaction of $1,235,166.02.

Biglari Trading Down 1.0 %

BH opened at $206.41 on Friday. Biglari Holdings Inc. has a fifty-two week low of $143.40 and a fifty-two week high of $219.00. 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 debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.44. The company’s 50-day moving average is $178.08 and its 200 day moving average is $184.81.

Institutional Trading of Biglari

Several institutional investors and hedge funds have recently modified their holdings of the stock. Innealta Capital LLC bought a new stake in shares of Biglari in the 2nd quarter worth $25,000. BNP Paribas Financial Markets grew its position 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 Biglari in the 1st quarter worth about $223,000. Ritholtz Wealth Management increased its stake in Biglari by 40.4% in the 2nd quarter. Ritholtz Wealth Management now owns 1,532 shares of the restaurant operator’s stock valued at $296,000 after buying an additional 441 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Biglari by 78.6% during the 3rd 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. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

About Biglari

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.