Biglari (NYSE:BH) CEO Sardar Biglari Buys 22,965 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 22,965 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of $249.84 per share, with a total value of $5,737,575.60. Following the acquisition, the chief executive officer owned 1,368,395 shares in the company, valued at $341,879,806.80. This trade represents a 1.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Thursday, May 14th, Sardar Biglari acquired 14,351 shares of Biglari stock. The shares were acquired at an average price of $258.06 per share, with a total value of $3,703,419.06.
• On Wednesday, May 13th, Sardar Biglari acquired 15,358 shares of Biglari stock. The shares were acquired at an average price of $260.36 per share, with a total value of $3,998,608.88.
• On Friday, March 13th, Sardar Biglari acquired 2,810 shares of Biglari stock. The shares were acquired at an average price of $302.20 per share, with a total value of $849,182.00.
• On Monday, March 9th, Sardar Biglari acquired 3,320 shares of Biglari stock. The shares were acquired at an average price of $301.06 per share, with a total value of $999,519.20.
• On Friday, March 6th, Sardar Biglari acquired 2,441 shares of Biglari stock. The shares were acquired at an average price of $307.20 per share, with a total value of $749,875.20.
• On Tuesday, March 3rd, Sardar Biglari acquired 1,146 shares of Biglari stock. The shares were acquired at an average price of $331.15 per share, with a total value of $379,497.90.

Biglari Price Performance

BH opened at $257.88 on Friday. The business has a fifty day moving average of $310.40 and a 200 day moving average of $345.40. Biglari Holdings Inc. has a 52-week low of $230.12 and a 52-week high of $483.60. The company has a quick ratio of 2.40, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. The stock has a market cap of $590.55 million, a P/E ratio of -3.54 and a beta of 0.75.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Biglari from a “hold” rating to a “sell” rating in a report on Saturday, May 9th.

Institutional Investors Weigh In On Biglari

Hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its holdings in shares of Biglari by 608.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after buying an additional 73 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Biglari by 128.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after buying an additional 50 shares during the period. CWM LLC lifted its holdings in shares of Biglari by 148.7% in the 3rd quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after buying an additional 58 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of Biglari in the 3rd quarter worth $34,000. Finally, State of Alaska Department of Revenue purchased a new stake in shares of Biglari in the 3rd quarter worth $51,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

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.