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

Thursday, March 01, 2018 10:15 PM ET

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

One Biglari Holdings insider — Sardar Biglari, 10% Owner and Director — today, purchased 2,684 shares having a market value of approximately $1,126,691, 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 56,862 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 59,546 shares and have averaged 29,773 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Biglari Holdings is greater than its 36-company peer group average. The Restaurants & Bars peer group saw 44 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 1,624,621 shares purchased and 1,549,439 shares sold with company insiders purchasing 4,177 shares on average over this time period.

The data sourced in creating 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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