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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, ...

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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, ...

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Top Buys by Directors: Biglari,'s $6.6M Bet on BH

By Market News Video Staff, Thursday, August 19, 1:05 PM ET
Play Video: One Reason For Insiders to Buy


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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock 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 company directors over the trailing six month period, one of which was a total of $6.6M 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
03/08/2021 Sardar Biglari, Chairman and CEO 2,269 $240.90 $546,609.09
03/11/2021 Sardar Biglari, Chairman and CEO 275 $747.36 $205,524.00
06/02/2021 Sardar Biglari, Chairman and CEO 719 $845.22 $607,715.80
06/08/2021 Sardar Biglari, Chairman and CEO 1,775 $859.13 $1,524,948.05
06/16/2021 Sardar Biglari, Chairman and CEO 148 $907.50 $134,309.67
08/12/2021 Sardar Biglari, Chairman and CEO 14,555 $247.05 $3,595,866.34

Biglari,'s average cost works out to $335.09/share. In trading on Thursday, bargain hunters could buy shares of Biglari Holdings Inc (NYSE:BH) and achieve a cost basis lower than Biglari,, with shares changing hands as low as $167.04 per share. Shares of Biglari Holdings Inc were changing hands at $170.20 at last check, trading down about 1.7% on Thursday. 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 $81 per share, with $188.5002 as the 52 week high point — that compares with a last trade of $170.20.


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