Insider Trade: Biglari Holdings Inc. (BH)’s director Sardar Biglari Picked up 2,749 shares; 683 Capital Management Has Boosted By $5.49 Million Its Pepsico (Put) (PEP) Stake

February 2, 2018 - By Danny Collins

683 Capital Management Llc increased Pepsico Inc (Put) (PEP) stake by 98.02% reported in 2017Q3 SEC filing. 683 Capital Management Llc acquired 49,500 shares as Pepsico Inc (Put) (PEP)’s stock rose 5.12%. The 683 Capital Management Llc holds 100,000 shares with $11.14M value, up from 50,500 last quarter. Pepsico Inc (Put) now has $171.11 billion valuation. The stock increased 0.02% or $0.02 during the last trading session, reaching $120.32. About 3.49 million shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since February 2, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Sardar Biglari, an insider of Biglari Holdings Inc, currently director lately disclosed a significant transaction with the (SEC). As disclosed in the form, Sardar Biglari purchased 2,749 shares of the corporation, priced at $415.7 per share . $1.14 million US Dollars was the transaction’s value. The SEC report’s date was February 01, 2018. He also purchased 19,772 shares with a market value $8.24 million USD in the last month. This is a acquisition that is not going to go unseen as Sardar already has 1.10 million shares accounting for 53.15% of the Company’s market cap

The stock decreased 0.40% or $1.64 during the last trading session, reaching $411.05. About 4,960 shares traded. Biglari Holdings Inc. (NYSE:BH) has risen 5.31% since February 2, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.

Investors sentiment increased to 1.31 in 2017 Q3. Its up 0.19, from 1.12 in 2017Q2. It is positive, as 7 investors sold Biglari Holdings Inc. shares while 29 reduced holdings. 14 funds opened positions while 33 raised stakes. 1.81 million shares or 1.03% less from 1.83 million shares in 2017Q2 were reported. Voya Mngmt Ltd Com reported 736 shares. Martingale Asset Mgmt Lp holds 0.01% or 2,560 shares. Sector Pension Inv Board holds 0% or 619 shares in its portfolio. Tower Capital Limited Co (Trc) holds 0.01% or 405 shares. Gabelli Funds Lc owns 23,239 shares or 0.04% of their US portfolio. American Int has 804 shares. Ny State Common Retirement Fund owns 1,280 shares. The New Jersey-based Prudential has invested 0% in Biglari Holdings Inc. (NYSE:BH). Teton Advsrs Incorporated owns 13,183 shares. Wells Fargo & Mn owns 830 shares or 0% of their US portfolio. Rhumbline Advisers stated it has 2,244 shares or 0% of all its holdings. Schwab Charles Inv Management invested 0% in Biglari Holdings Inc. (NYSE:BH). Mason Street Ltd Liability stated it has 0% of its portfolio in Biglari Holdings Inc. (NYSE:BH). Parametric Portfolio Assocs Lc has 0% invested in Biglari Holdings Inc. (NYSE:BH). Ironwood Mngmt Limited Liability Corporation has invested 0.24% in Biglari Holdings Inc. (NYSE:BH).

Since December 11, 2017, it had 8 insider buys, and 0 selling transactions for $11.93 million activity. BIGLARI – SARDAR had bought 3,506 shares worth $1.44 million on Monday, January 22.

Biglari Holdings Inc., through its subsidiaries, operates and franchises restaurants in the United States. The company has market cap of $849.89 million. The firm owns, operates, and franchises restaurants under restaurant concepts, including Steak n Shake, an American brand serving premium burgers and milk shakes; and Western, which offers signature steak dishes and other American menu items, as well operates other concepts, such as Great American Steak & Buffet and Wood Grill Buffet consisting of hot and cold food buffet style dining. It has a 9.78 P/E ratio. As of December 31, 2016, it operated 417 Steak n Shake company-operated restaurants and 173 franchised units; and 3 Western company-operated restaurants and 64 franchised units.

Since August 7, 2017, it had 0 buys, and 2 sales for $7.21 million activity. 41,489 shares valued at $4.84M were sold by Gallagher Marie T. on Monday, August 7. $2.37 million worth of stock was sold by Laguarta Ramon on Tuesday, October 10.

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.19, from 0.75 in 2017Q2. It increased, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Moreover, Sequoia Fincl Advsr Lc has 0.36% invested in Pepsico, Inc. (NASDAQ:PEP) for 26,968 shares. Bright Rock Capital Mgmt Limited Liability owns 51,000 shares. Arcadia Investment Management Mi invested 0.46% in Pepsico, Inc. (NASDAQ:PEP). Amica Retiree Medical Trust stated it has 7,914 shares or 0.69% of all its holdings. Alta Cap Mgmt Ltd Liability invested in 295,782 shares. Cohen Lawrence B has invested 3.28% in Pepsico, Inc. (NASDAQ:PEP). Timber Hill Lc holds 4,785 shares or 0.05% of its portfolio. Campbell Newman Asset Mngmt Inc reported 24,824 shares. First Foundation Advsr owns 12,274 shares or 0.08% of their US portfolio. California-based Granite Invest Prtnrs Lc has invested 0.66% in Pepsico, Inc. (NASDAQ:PEP). Vestor Capital Limited Liability Corp has 1.92% invested in Pepsico, Inc. (NASDAQ:PEP) for 76,732 shares. 43,101 were reported by Middleton And Ma. Cim Mangement has invested 0.19% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). 86,335 were accumulated by Lodestar Invest Counsel Limited Liability Company Il. Schaper Benz And Wise Investment Counsel Wi owns 0.18% invested in Pepsico, Inc. (NASDAQ:PEP) for 10,382 shares.