Biglari Holdings Inc. (BH) Director Purchases $446,904.60 in Stock

Biglari Holdings Inc. (NYSE:BH) Director Sardar Biglari acquired 1,335 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were bought at an average price of $334.76 per share, for a total transaction of $446,904.60. Following the completion of the acquisition, the director now owns 1 shares in the company, valued at $334.76. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Wednesday, October 11th, Sardar Biglari acquired 250 shares of Biglari Holdings stock. The shares were bought at an average price of $334.97 per share, for a total transaction of $83,742.50.
  • On Tuesday, October 10th, Sardar Biglari acquired 120 shares of Biglari Holdings stock. The shares were bought at an average price of $334.95 per share, for a total transaction of $40,194.00.
  • On Tuesday, October 3rd, Sardar Biglari acquired 211 shares of Biglari Holdings stock. The shares were bought at an average price of $333.84 per share, for a total transaction of $70,440.24.

Biglari Holdings Inc. (NYSE BH) traded down 0.04% on Wednesday, reaching $336.80. 4,056 shares of the company traded hands. The firm has a 50 day moving average price of $313.58 and a 200 day moving average price of $375.18. The stock has a market capitalization of $696.17 million, a price-to-earnings ratio of 25.61 and a beta of 0.39. Biglari Holdings Inc. has a 52-week low of $290.05 and a 52-week high of $491.74.

Biglari Holdings (NYSE:BH) last released its earnings results on Friday, August 4th. The restaurant operator reported $17.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.89 by $14.28. Biglari Holdings had a return on equity of 3.15% and a net margin of 1.92%. The company had revenue of $212.95 million for the quarter. Equities research analysts predict that Biglari Holdings Inc. will post ($2.07) EPS for the current year.

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Large investors have recently added to or reduced their stakes in the business. Mason Street Advisors LLC grew its stake in Biglari Holdings by 7.2% during the 1st quarter. Mason Street Advisors LLC now owns 237 shares of the restaurant operator’s stock valued at $102,000 after acquiring an additional 16 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in Biglari Holdings by 55.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 322 shares of the restaurant operator’s stock valued at $129,000 after acquiring an additional 115 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in Biglari Holdings by 15.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 450 shares of the restaurant operator’s stock valued at $180,000 after acquiring an additional 60 shares in the last quarter. Cornerstone Capital Management Holdings LLC. purchased a new position in Biglari Holdings during the 1st quarter valued at about $209,000. Finally, Public Employees Retirement System of Ohio grew its stake in Biglari Holdings by 16.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 488 shares of the restaurant operator’s stock valued at $211,000 after acquiring an additional 68 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors.

Separately, TheStreet upgraded shares of Biglari Holdings from a “d+” rating to a “c-” rating in a report on Monday, July 3rd.

Biglari Holdings Company Profile

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).

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