Biglari (NYSE:BH) Major Shareholder Sardar Biglari Sells 100,000 Shares

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 100,000 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $16.58, for a total transaction of $1,658,000.00. Following the completion of the transaction, the insider owned 3,800,000 shares in the company, valued at approximately $63,004,000. The trade was a 2.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Sardar Biglari also recently made the following trade(s):

• On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The stock was sold at an average price of $16.91, for a total value of $382,166.00.
• On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was sold at an average price of $16.75, for a total value of $1,675,000.00.
• On Friday, June 5th, Sardar Biglari acquired 535 shares of Biglari stock. The stock was acquired at an average cost of $297.14 per share, with a total value of $158,969.90.
• On Thursday, June 4th, Sardar Biglari acquired 1,743 shares of Biglari stock. The stock was acquired at an average cost of $286.76 per share, for a total transaction of $499,822.68.
• On Thursday, May 14th, Sardar Biglari bought 14,351 shares of Biglari stock. The shares were acquired at an average price of $258.06 per share, for a total transaction of $3,703,419.06.
• On Wednesday, May 13th, Sardar Biglari bought 15,358 shares of Biglari stock. The shares were acquired at an average cost of $260.36 per share, with a total value of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The shares were acquired at an average cost of $249.84 per share, with a total value of $5,737,575.60.

Biglari Trading Down 2.4%

Shares of BH stock opened at $426.95 on Wednesday. Biglari Holdings Inc. has a fifty-two week low of $234.91 and a fifty-two week high of $483.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47. The stock has a 50 day simple moving average of $308.68 and a two-hundred day simple moving average of $343.88. The company has a market cap of $977.71 million, a P/E ratio of -5.86 and a beta of 0.71.

Biglari (NYSE:BH) last posted its quarterly earnings results on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share (EPS) for the quarter. The business had revenue of $97.48 million for the quarter. Biglari had a negative return on equity of 1.20% and a negative net margin of 4.71%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp bought a new position in shares of Biglari in the first quarter valued at $64,000. Empowered Funds LLC grew its holdings in shares of Biglari by 1.8% during the first quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator’s stock valued at $2,043,000 after buying an additional 165 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Biglari during the first quarter worth about $257,000. American Century Companies Inc. bought a new stake in shares of Biglari during the second quarter worth about $339,000. Finally, Invesco Ltd. acquired a new stake in shares of Biglari in the 2nd quarter worth about $2,815,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Biglari from a “sell” rating to a “hold” rating in a report on Sunday, May 17th.

About Biglari

Biglari Holdings Inc is a diversified holding company that makes strategic investments and operates businesses across multiple industries, with a primary focus on the restaurant, insurance and media sectors. The company seeks to acquire controlling interests in undervalued enterprises and enhance long-term value through active management and operational improvements. Headquartered in San Antonio, Texas, Biglari Holdings approaches each acquisition with a value-oriented philosophy, emphasizing disciplined capital allocation and hands-on oversight.

In the restaurant segment, Biglari Holdings owns and operates Steak ‘n Shake, a national burger and milkshake chain founded in 1934, as well as Western Sizzlin, a buffet and steakhouse brand.