Sardar Biglari, Chairman and CEO of Biglari Holdings Inc. (NYSE:BH), has made significant purchases of the company’s stock, according to a recent SEC filing. On November 26 and 27, Biglari acquired shares of both Class A and Class B common stock through The Lion Fund, L.P., totaling an investment of approximately $1.09 million. The transactions involved buying 457 shares of Class A common stock at prices ranging from $1,010.00 to $1,075.00 per share, and 2,893 shares of Class B common stock at prices between $203.89 and $215.00 per share. These purchases highlight continued confidence in the company’s prospects by its top executive.
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