Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari Purchases 5,145 Shares

Biglari Holdings Inc. (NYSE:BH - Get Free Report) CEO Sardar Biglari bought 5,145 shares of the company's stock in a transaction on Monday, November 18th. The shares were bought at an average price of $240.96 per share, with a total value of $1,239,739.20. Following the completion of the transaction, the chief executive officer now owns 1,302,770 shares of the company's stock, valued at $313,915,459.20. The trade was a 0.40 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, November 14th, Sardar Biglari purchased 4,663 shares of Biglari stock. The shares were 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 Trading Up 1.6 %

BH traded up $3.30 during trading on Wednesday, hitting $212.33. 2,923 shares of the stock traded hands, compared to its average volume of 2,648. The firm has a market capitalization of $483.26 million, a P/E ratio of 1.19 and a beta of 0.71. Biglari Holdings Inc. has a 12-month low of $143.00 and a 12-month high of $219.00. 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 firm has a 50-day moving average of $175.63 and a 200 day moving average of $184.52.

Institutional Trading of Biglari

A number of institutional investors have recently modified their holdings of the company. Innealta Capital LLC purchased a new position in Biglari during the 2nd quarter valued at about $25,000. BNP Paribas Financial Markets raised its holdings in shares of Biglari by 81.6% during the first 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 in the last quarter. Virtu Financial LLC purchased a new stake in Biglari in the first quarter worth $223,000. Ritholtz Wealth Management boosted its holdings in Biglari by 40.4% in the second 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 in the last quarter. Finally, Barclays PLC increased its position in Biglari by 78.6% during the 3rd quarter. Barclays PLC now owns 1,974 shares of the restaurant operator's stock valued at $340,000 after purchasing an additional 869 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded 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.