Wednesday, January 24, 2018 10:15 PM ET
Insider buy at Biglari Holdings (BH) Extends the Trend of purchases over Last Quarter
One Biglari Holdings insider — Sardar Biglari, 10% Owner and Director — today, acquired 3,506 shares having a market value of approximately $1,443,446, as disclosed 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 36,776 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 40,282 shares and have averaged 20,141 shares per transaction over this time period.
The number of insider buy/sell trades at Biglari Holdings is above that of the 36 peer company average over the last 90-day period. The Restaurants & Bars peer group saw 42 buy/sell trades during this period for an average of 1.2 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 462,225 shares purchased and 5,661,754 shares sold with company insiders selling 123,798 shares on average over this time period.
The data used in composing and writing in this story eliminates 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.
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.
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