Sardar Biglari Acquires 1,971 Shares of Biglari Holdings Inc (NYSE:BH) Stock

Biglari Holdings Inc (NYSE:BH) CEO Sardar Biglari bought 1,971 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was bought at an average price of $107.10 per share, with a total value of $211,094.10.

BH traded up $2.10 on Friday, reaching $107.10. The company had a trading volume of 13,037 shares, compared to its average volume of 9,700. The company has a fifty day moving average of $94.91 and a 200-day moving average of $101.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.55 and a current ratio of 0.57. Biglari Holdings Inc has a one year low of $80.90 and a one year high of $165.65.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Biglari by 38.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 10,401 shares of the restaurant operator’s stock valued at $1,080,000 after acquiring an additional 2,900 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Biglari by 62.5% in the 2nd quarter. Renaissance Technologies LLC now owns 28,262 shares of the restaurant operator’s stock valued at $2,935,000 after acquiring an additional 10,865 shares during the last quarter. Meeder Asset Management Inc. lifted its holdings in Biglari by 213.1% in the 3rd quarter. Meeder Asset Management Inc. now owns 479 shares of the restaurant operator’s stock valued at $52,000 after acquiring an additional 326 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Biglari by 15.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 6,060 shares of the restaurant operator’s stock valued at $630,000 after acquiring an additional 830 shares during the last quarter. Finally, Citadel Advisors LLC lifted its holdings in Biglari by 134.7% in the 2nd quarter. Citadel Advisors LLC now owns 6,090 shares of the restaurant operator’s stock valued at $632,000 after acquiring an additional 3,495 shares during the last quarter.

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Biglari Company Profile

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, 2018, it operated 413 Steak n Shake company-operated restaurants and 213 franchised units; and 4 Western Sizzlin company-operated restaurants and 55 franchised units.

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

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