Biglari (NYSE:BH) Major Shareholder Sardar Biglari Sells 6,611 Shares

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 6,611 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $16.71, for a total transaction of $110,469.81. Following the sale, the insider owned 116,695 shares in the company, valued at $1,949,973.45. The trade was a 5.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions 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 shares were 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 transaction of $1,255,500.00.
• 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $1,675,000.00.
• On Friday, June 5th, Sardar Biglari purchased 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 purchased 1,743 shares of Biglari stock. The shares were purchased at an average cost of $286.76 per share, for a total transaction of $499,822.68.

Biglari Price Performance

Shares of NYSE:BH opened at $395.58 on Friday. The firm has a market capitalization of $905.89 million, a price-to-earnings ratio of -5.43 and a beta of 0.63. 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 business’s 50 day simple moving average is $357.81 and its 200-day simple moving average is $350.42. Biglari Holdings Inc. has a 12 month low of $234.91 and a 12 month high of $483.60.

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

Analyst Upgrades and Downgrades

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

Institutional Trading of Biglari

Institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. grew 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 valued at $28,000 after purchasing an additional 73 shares during the last quarter. CWM LLC raised its position in shares of Biglari by 45.4% during the 4th 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 acquired a new position in shares of Biglari during the 1st quarter worth approximately $64,000. State of Alaska Department of Revenue lifted its stake in Biglari by 120.6% in the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 193 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in 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 buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

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.