Sardar Biglari Purchases 449 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 449 shares of the business’s stock in a transaction on Friday, December 12th. The shares were purchased at an average price of $333.14 per share, with a total value of $149,579.86. Following the transaction, the chief executive officer owned 1,332,477 shares in the company, valued at $443,901,387.78. The trade was a 0.03% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, December 17th, Sardar Biglari bought 3,452 shares of Biglari stock. The stock was purchased at an average cost of $463.34 per share, for a total transaction of $1,599,449.68.
• On Tuesday, December 16th, Sardar Biglari purchased 156 shares of Biglari stock. The shares were purchased at an average price of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari purchased 212 shares of Biglari stock. The shares were purchased at an average cost of $698.01 per share, with a total value of $147,978.12.
• On Wednesday, December 10th, Sardar Biglari acquired 310 shares of Biglari stock. The stock was purchased at an average price of $321.94 per share, with a total value of $99,801.40.
• On Tuesday, December 9th, Sardar Biglari acquired 938 shares of Biglari stock. The stock was acquired at an average cost of $319.08 per share, for a total transaction of $299,297.04.
• On Monday, December 8th, Sardar Biglari bought 973 shares of Biglari stock. The shares were acquired at an average price of $315.08 per share, for a total transaction of $306,572.84.
• On Friday, December 5th, Sardar Biglari bought 1,465 shares of Biglari stock. The shares were acquired at an average cost of $306.90 per share, with a total value of $449,608.50.
• On Thursday, December 4th, Sardar Biglari purchased 1,139 shares of Biglari stock. The stock was acquired at an average cost of $306.05 per share, with a total value of $348,590.95.
• On Wednesday, December 3rd, Sardar Biglari purchased 2,802 shares of Biglari stock. The stock was acquired at an average price of $303.32 per share, for a total transaction of $849,902.64.
• On Monday, November 24th, Sardar Biglari acquired 2,032 shares of Biglari stock. The shares were acquired at an average cost of $393.35 per share, for a total transaction of $799,287.20.

Biglari Price Performance

Biglari stock opened at $324.20 on Thursday. The company has a market cap of $739.17 million, a P/E ratio of 28.97 and a beta of 0.82. Biglari Holdings Inc. has a one year low of $195.05 and a one year high of $381.83. The business has a fifty day moving average of $332.85 and a two-hundred day moving average of $311.12. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.80 and a current ratio of 2.83.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Deutsche Bank AG raised its position in shares of Biglari by 111.6% during the 1st quarter. Deutsche Bank AG now owns 364 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 192 shares during the last quarter. Nuveen LLC purchased a new position in Biglari during the first quarter worth $3,965,000. Bridgeway Capital Management LLC raised its holdings in shares of Biglari by 1.1% in the first quarter. Bridgeway Capital Management LLC now owns 15,633 shares of the restaurant operator’s stock worth $3,385,000 after acquiring an additional 165 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Biglari in the first quarter worth $64,000. Finally, Empowered Funds LLC lifted its position in shares of Biglari by 1.8% in the first quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator’s stock valued at $2,043,000 after acquiring an additional 165 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Biglari from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th.

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.