Biglari Holdings (BH) sees Significant Insider buy Extending Trend of purchases over Last Quarter

Tuesday, February 20, 2018 10:15 PM ET

Biglari Holdings (BH) sees Significant Insider buy Extending Trend of purchases over Last Quarter

Significant insider buying activity was disclosed in Biglari Holdings shares in a form 4 document filed with the SEC today, showing — Sardar Biglari, 10% Owner and Director — purchased 3,849 shares in the company having a net market value of approximately $1,544,987. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 54,555 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 58,404 shares and have averaged 29,202 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 41 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 271,098 shares purchased and 1,582,752 shares sold with company insiders having sold 31,992 shares on average over this time period.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to create 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.

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