Biglari (NYSE:BH) CEO Sardar Biglari Acquires 2,032 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 2,032 shares of the stock in a transaction on Monday, November 24th. The shares were acquired at an average price of $393.35 per share, with a total value of $799,287.20. Following the purchase, the chief executive officer owned 1,324,401 shares of the company’s stock, valued at $520,953,133.35. The trade was a 0.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Biglari Price Performance

Shares of BH stock traded up $2.72 during midday trading on Monday, reaching $286.35. 139,084 shares of the company were exchanged, compared to its average volume of 22,254. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.35 and a current ratio of 1.38. The company’s 50 day moving average price is $337.04 and its two-hundred day moving average price is $303.08. Biglari Holdings Inc. has a 12 month low of $195.05 and a 12 month high of $381.83. The company has a market cap of $651.73 million, a P/E ratio of 1.96 and a beta of 0.81.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Biglari from a “buy” rating to a “hold” rating in a report on Saturday, November 15th.

Institutional Investors Weigh In On Biglari

Several large investors have recently modified their holdings of BH. Strs Ohio bought a new position in shares of Biglari during the 1st quarter worth approximately $498,000. Deutsche Bank AG raised its holdings 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 buying an additional 192 shares in the last quarter. AlphaQuest LLC bought a new position in Biglari in the 2nd quarter valued at approximately $152,000. Nuveen LLC acquired a new stake in shares of Biglari during the first quarter valued at about $3,965,000. Finally, Peapod Lane Capital LLC increased its holdings in Biglari by 0.3% in the second quarter. Peapod Lane Capital LLC now owns 13,876 shares of the restaurant operator’s stock valued at $4,055,000 after purchasing an additional 47 shares during the period. 74.30% of the stock is currently owned by institutional investors.

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.