Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Biglari Holdings (BH)

Thursday, January 04, 2018 10:15 PM ET

Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Biglari Holdings (BH)

One Biglari Holdings insider — Sardar Biglari, 10% Owner and Director — today, acquired 3,256 shares having a market value of approximately $1,362,132, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 26,468 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 29,724 shares and have averaged 14,862 shares per transaction over this time period.

The number of insider buy/sell trades at Biglari Holdings is higher than that of the 36 peer company average over the last 90-day period. The Restaurants & Bars peer group saw 40 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Biglari Holdings insiders is lower than its peers. Within the peer group there were 459,167 shares purchased and 5,509,478 shares sold with company insiders having sold 126,258 shares on average over this time period.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to compose and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.