Biglari Holdings Inc. (NYSE:BH) CEO Acquires $279,519.38 in Stock

Biglari Holdings Inc. (NYSE:BHGet Free Report) CEO Sardar Biglari bought 1,106 shares of Biglari stock in a transaction dated Friday, March 8th. The shares were acquired at an average cost of $252.73 per share, for a total transaction of $279,519.38. Following the completion of the purchase, the chief executive officer now directly owns 1,269,836 shares of the company’s stock, valued at approximately $320,925,652.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Monday, March 11th, Sardar Biglari purchased 2,057 shares of Biglari stock. The stock was purchased at an average cost of $242.97 per share, for a total transaction of $499,789.29.
  • On Wednesday, March 6th, Sardar Biglari purchased 674 shares of Biglari stock. The stock was purchased at an average cost of $232.44 per share, for a total transaction of $156,664.56.
  • On Monday, March 4th, Sardar Biglari bought 1,698 shares of Biglari stock. The stock was bought at an average cost of $180.61 per share, for a total transaction of $306,675.78.
  • On Friday, December 15th, Sardar Biglari purchased 521 shares of Biglari stock. The shares were acquired at an average cost of $286.23 per share, for a total transaction of $149,125.83.
  • On Wednesday, December 13th, Sardar Biglari purchased 1,429 shares of Biglari stock. The shares were acquired at an average cost of $240.41 per share, for a total transaction of $343,545.89.

Biglari Stock Performance

BH traded up $4.96 during midday trading on Monday, reaching $188.98. The company had a trading volume of 4,747 shares, compared to its average volume of 2,342. The company has a quick ratio of 1.35, a current ratio of 1.37 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average of $161.23 and a two-hundred day moving average of $161.05. The company has a market cap of $430.87 million, a P/E ratio of 1.01 and a beta of 0.79. Biglari Holdings Inc. has a 1 year low of $137.01 and a 1 year high of $218.50.

Institutional Trading of Biglari

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Marquette Asset Management LLC grew its position in shares of Biglari by 2.3% during the fourth quarter. Marquette Asset Management LLC now owns 3,070 shares of the restaurant operator’s stock worth $506,000 after purchasing an additional 70 shares in the last quarter. O Shaughnessy Asset Management LLC grew its position in shares of Biglari by 1.9% during the second quarter. O Shaughnessy Asset Management LLC now owns 3,874 shares of the restaurant operator’s stock worth $764,000 after purchasing an additional 72 shares in the last quarter. Barclays PLC grew its position in shares of Biglari by 20.5% during the third quarter. Barclays PLC now owns 447 shares of the restaurant operator’s stock worth $74,000 after purchasing an additional 76 shares in the last quarter. Deutsche Bank AG grew its position in shares of Biglari by 32.8% during the first quarter. Deutsche Bank AG now owns 453 shares of the restaurant operator’s stock worth $77,000 after purchasing an additional 112 shares in the last quarter. Finally, Acuitas Investments LLC grew its position in shares of Biglari by 1.0% during the fourth quarter. Acuitas Investments LLC now owns 14,455 shares of the restaurant operator’s stock worth $2,384,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 73.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BH. StockNews.com raised Biglari from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 28th. TheStreet raised Biglari from a “c” rating to a “b-” rating in a report on Tuesday, February 27th.

Read Our Latest Research Report on Biglari

Biglari Company Profile

(Get Free Report)

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.

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