Sardar Biglari Purchases 689 Shares of Biglari Holdings Inc (BH) Stock

Biglari Holdings Inc (NYSE:BH) Director Sardar Biglari purchased 689 shares of the stock in a transaction on Wednesday, January 17th. The shares were purchased at an average cost of $419.26 per share, for a total transaction of $288,870.14. Following the acquisition, the director now directly owns 1 shares of the company’s stock, valued at $419.26. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Friday, January 19th, Sardar Biglari purchased 1,391 shares of Biglari stock. The shares were purchased at an average cost of $417.04 per share, for a total transaction of $580,102.64.
  • On Wednesday, January 10th, Sardar Biglari purchased 271 shares of Biglari stock. The shares were purchased at an average cost of $419.67 per share, for a total transaction of $113,730.57.
  • On Monday, January 8th, Sardar Biglari purchased 1,557 shares of Biglari stock. The shares were purchased at an average cost of $417.02 per share, for a total transaction of $649,300.14.
  • On Tuesday, January 2nd, Sardar Biglari purchased 1,490 shares of Biglari stock. The shares were purchased at an average cost of $418.72 per share, for a total transaction of $623,892.80.
  • On Thursday, January 4th, Sardar Biglari purchased 3,256 shares of Biglari stock. The shares were purchased at an average cost of $418.35 per share, for a total transaction of $1,362,147.60.
  • On Friday, December 28th, Sardar Biglari purchased 638 shares of Biglari stock. The shares were purchased at an average cost of $418.78 per share, for a total transaction of $267,181.64.
  • On Friday, December 29th, Sardar Biglari purchased 1,333 shares of Biglari stock. The shares were purchased at an average cost of $418.87 per share, for a total transaction of $558,353.71.
  • On Friday, December 22nd, Sardar Biglari purchased 918 shares of Biglari stock. The shares were purchased at an average cost of $419.16 per share, for a total transaction of $384,788.88.
  • On Wednesday, December 27th, Sardar Biglari purchased 3,493 shares of Biglari stock. The shares were purchased at an average cost of $419.09 per share, for a total transaction of $1,463,881.37.
  • On Wednesday, December 20th, Sardar Biglari bought 1,296 shares of Biglari stock. The stock was bought at an average cost of $418.97 per share, for a total transaction of $542,985.12.

Biglari Holdings Inc (NYSE:BH) traded up $4.24 during mid-day trading on Friday, hitting $411.62. 5,618 shares of the stock traded hands, compared to its average volume of 4,923. Biglari Holdings Inc has a 1 year low of $290.05 and a 1 year high of $480.99. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.85 and a quick ratio of 0.79. The stock has a market capitalization of $867.11, a P/E ratio of 9.73 and a beta of 0.37.

Biglari (NYSE:BH) last released its earnings results on Friday, November 3rd. The restaurant operator reported ($20.09) EPS for the quarter. Biglari had a return on equity of 9.84% and a net margin of 6.16%.

Hedge funds have recently added to or reduced their stakes in the company. First Manhattan Co. bought a new stake in Biglari in the third quarter worth $116,000. BNP Paribas Arbitrage SA increased its position in Biglari by 55.6% in the second quarter. BNP Paribas Arbitrage SA now owns 322 shares of the restaurant operator’s stock worth $129,000 after purchasing an additional 115 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in Biglari by 31.1% in the third quarter. Municipal Employees Retirement System of Michigan now owns 590 shares of the restaurant operator’s stock worth $197,000 after purchasing an additional 140 shares during the last quarter. JPMorgan Chase & Co. increased its position in Biglari by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 553 shares of the restaurant operator’s stock worth $221,000 after purchasing an additional 25 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its position in Biglari by 7.0% in the second quarter. Thrivent Financial For Lutherans now owns 608 shares of the restaurant operator’s stock worth $243,000 after purchasing an additional 40 shares during the last quarter. 87.90% of the stock is currently owned by hedge funds and other institutional investors.

Separately, TheStreet downgraded shares of Biglari from a “c” rating to a “d+” rating in a report on Monday, November 6th.

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About Biglari

Biglari Holdings Inc is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company’s segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Company’s restaurant operations’ activities are conducted through approximately two restaurant concepts operated by subsidiaries Steak n Shake Inc (Steak n Shake) and Western Sizzlin Corporation (Western).

Insider Buying and Selling by Quarter for Biglari (NYSE:BH)

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