Biglari (NYSE:BH) Major Shareholder Sells $1,255,500.00 in Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 75,000 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $16.74, for a total value of $1,255,500.00. Following the completion of the sale, the insider directly owned 3,560,454 shares in the company, valued at approximately $59,601,999.96. The trade was a 2.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, July 2nd, Sardar Biglari sold 9,525 shares of Biglari stock. The stock was sold at an average price of $16.92, for a total value of $161,163.00.
• On Wednesday, July 1st, Sardar Biglari sold 132,421 shares of Biglari stock. The stock was sold at an average price of $17.27, for a total value of $2,286,910.67.
• 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 Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were sold at an average price of $16.58, for a total value of $1,658,000.00.
• On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were 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 shares were bought at an average price of $297.14 per share, with a total value of $158,969.90.
• On Thursday, June 4th, Sardar Biglari bought 1,743 shares of Biglari stock. The stock was purchased at an average cost of $286.76 per share, with a total value of $499,822.68.
• On Thursday, May 14th, Sardar Biglari bought 14,351 shares of Biglari stock. The stock was purchased 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 stock was purchased at an average price of $260.36 per share, for a total transaction of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari purchased 22,965 shares of Biglari stock. The shares were purchased at an average cost of $249.84 per share, for a total transaction of $5,737,575.60.

Biglari Stock Performance

Shares of NYSE BH opened at $392.31 on Friday. The company has a 50-day simple moving average of $332.67 and a 200-day simple moving average of $348.84. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.47 and a quick ratio of 2.44. The company has a market cap of $898.38 million, a PE ratio of -5.39 and a beta of 0.63. Biglari Holdings Inc. has a 12 month low of $234.91 and a 12 month high of $483.60.

Biglari (NYSE:BH) last announced 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 firm had revenue of $97.48 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. boosted its position in shares of Biglari by 608.3% in the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. CWM LLC increased its position in Biglari by 45.4% during the fourth quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after purchasing an additional 44 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in Biglari during the first quarter worth approximately $64,000. State of Alaska Department of Revenue raised its stake in Biglari by 120.6% during the fourth quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 193 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of Biglari by 15.1% in the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock valued at $139,000 after purchasing an additional 55 shares during the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded 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.