Sardar Biglari Sells 6,611 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 6,611 shares of Biglari stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $16.71, for a total value of $110,469.81. Following the transaction, the insider owned 116,695 shares of the company’s stock, valued at $1,949,973.45. The trade was a 5.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Large 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 30th, Sardar Biglari sold 546 shares of Biglari stock. The shares were sold at an average price of $16.70, for a total transaction of $9,118.20.
• On Friday, July 17th, Sardar Biglari sold 11,000 shares of Biglari stock. The stock was sold at an average price of $16.71, for a total transaction of $183,810.00.
• On Monday, July 13th, Sardar Biglari sold 75,000 shares of Biglari stock. The shares were sold at an average price of $16.74, for a total value of $1,255,500.00.
• On Thursday, July 2nd, Sardar Biglari sold 9,525 shares of Biglari stock. The shares were 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 shares were sold at an average price of $17.27, for a total transaction of $2,286,910.67.
• On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The shares were sold at an average price of $16.91, for a total transaction of $382,166.00.
• On Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was 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 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, for a total transaction of $158,969.90.
• On Thursday, June 4th, Sardar Biglari purchased 1,743 shares of Biglari stock. The shares were acquired at an average price of $286.76 per share, for a total transaction of $499,822.68.

Biglari Price Performance

NYSE BH opened at $395.58 on Friday. 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 company has a market capitalization of $905.89 million, a PE ratio of -5.43 and a beta of 0.63. The business’s fifty day moving average is $357.81 and its 200 day moving average is $350.42.

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 company had revenue of $97.48 million for the quarter.

Hedge Funds Weigh In On Biglari

Large investors have recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its stake in 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 purchasing an additional 73 shares during the last quarter. CWM LLC lifted its holdings in shares of Biglari by 45.4% in the 4th quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after buying an additional 44 shares during the period. Jones Financial Companies Lllp purchased a new stake in Biglari in the first quarter worth about $64,000. State of Alaska Department of Revenue boosted its stake in shares of Biglari by 120.6% during the fourth quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock valued at $117,000 after purchasing an additional 193 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Biglari by 863.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 424 shares of the restaurant operator’s stock valued at $124,000 after acquiring an additional 380 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Biglari Company Profile

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.