MNV
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Insiders Buy the Holdings of EES ETF
Wednesday, December 2, 10:36 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the WisdomTree U.S. SmallCap Fund (EES) shows ...

Top Buys by Top Brass: CEO Biglari,'s $7M Bet on BH
Wednesday, February 17, 11:23 AM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

BH Trading 71.0% Below CEO's Recent Buy Price
Wednesday, February 17, 11:23 AM ET, by Market News Video Staff

There's an old saying on Wall Street about insider buying: there are many possible reasons ...

Top Buys by Top Brass: CEO Biglari,'s $6.6M Bet on BH
Thursday, August 19, 12:21 PM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

Top Buys by Directors: Biglari,'s $6.6M Bet on BH
Thursday, August 19, 1:05 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

Top Buys by Top Brass: CEO Biglari,'s $7M Bet on BH

By Market News Video Staff, Wednesday, February 17, 11:23 AM ET
Play Video: One Reason For Insiders to Buy


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $7M invested across 6 purchases by Sardar Biglari,, CEO at Biglari Holdings Inc (NYSE:BH).

Biglari, bets big on BH:

Purchased Insider Title Shares Price/Share Value
09/04/2020 Sardar Biglari, Chairman and CEO 3,492 $122.93 $429,287.55
09/11/2020 Sardar Biglari, Chairman and CEO 2,973 $100.78 $299,631.05
11/17/2020 Sardar Biglari, Chairman and CEO 37,059 $102.84 $3,811,068.47
11/30/2020 Sardar Biglari, Chairman and CEO 5,302 $111.99 $593,750.10
12/10/2020 Sardar Biglari, Chairman and CEO 11,054 $141.16 $1,560,405.22
12/17/2020 Sardar Biglari, Chairman and CEO 843 $401.16 $338,174.73

Biglari,'s average cost works out to $115.81/share. Shares of Biglari Holdings Inc were changing hands at $118.18 at last check, trading up about 2.2% on Wednesday. The chart below shows the one year performance of BH shares, versus its 200 day moving average:

Biglari Holdings Inc  Chart

Looking at the chart above, BH's low point in its 52 week range is $37.85 per share, with $135 as the 52 week high point — that compares with a last trade of $118.18.


Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.


This Article's Word Cloud:   Bets   Biglari   Brass   Buys   Chairman   Days   Dollars   Holdings   Insider   Insiders   Join   Looking   NYSE   Offer   Place   Presumably   Price   Purchased   Sardar   Seven   Share   Shares   Special   Start   Title   Value   ValueForum   Wednesday   about   above   across   average   below   buys   chart   company   insider   last   make   maybe   mdash   point   share   stock   take   that   their   they   week   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Message Boards Stock Market Definitions
MNV

Top Buys by Top Brass: CEO Biglari,'s $7M Bet on BH | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.