Sardar Biglari Buys 17,456 Shares of Biglari Holdings Inc. (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 17,456 shares of Biglari stock in a transaction dated Thursday, May 13th. The shares were purchased at an average price of $153.48 per share, with a total value of $2,679,146.88. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

  • On Tuesday, May 11th, Sardar Biglari purchased 2,344 shares of Biglari stock. The shares were purchased at an average cost of $300.80 per share, with a total value of $705,075.20.
  • On Thursday, March 11th, Sardar Biglari purchased 275 shares of Biglari stock. The stock was purchased at an average price of $747.36 per share, with a total value of $205,524.00.
  • On Monday, March 8th, Sardar Biglari acquired 284 shares of Biglari stock. The shares were purchased at an average price of $744.45 per share, for a total transaction of $211,423.80.
  • On Thursday, March 4th, Sardar Biglari bought 1,888 shares of Biglari stock. The shares were purchased at an average cost of $140.00 per share, with a total value of $264,320.00.

BH stock opened at $156.03 on Friday. Biglari Holdings Inc. has a 52 week low of $50.03 and a 52 week high of $167.96. The company has a market capitalization of $355.12 million and a PE ratio of -0.87. The company’s 50-day simple moving average is $136.95 and its 200 day simple moving average is $121.92. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.49 and a current ratio of 0.50.

Biglari (NYSE:BH) last announced its earnings results on Friday, May 7th. The restaurant operator reported $223.29 EPS for the quarter. The company had revenue of $94.29 million for the quarter. Biglari had a negative net margin of 12.33% and a negative return on equity of 11.26%.

A number of institutional investors have recently bought and sold shares of BH. Assenagon Asset Management S.A. bought a new stake in shares of Biglari during the 1st quarter valued at $574,000. LSV Asset Management acquired a new position in Biglari in the first quarter valued at about $563,000. Marquette Asset Management LLC bought a new stake in Biglari during the fourth quarter worth about $334,000. Martingale Asset Management L P grew its stake in Biglari by 99.9% during the first quarter. Martingale Asset Management L P now owns 5,602 shares of the restaurant operator’s stock worth $744,000 after buying an additional 2,800 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in Biglari in the 4th quarter valued at about $261,000.

About Biglari

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2020, it operated 194 Steak n Shake traditional franchise and 86 franchise partner units, as well as Steak n Shake company-operated restaurants; and 3 Western Sizzlin company-operated restaurants and 39 franchised units.

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

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