Biglari (NYSE:BH) Announces Quarterly Earnings Results

Biglari (NYSE:BH) released its quarterly earnings results on Friday. The restaurant operator reported ($55.81) earnings per share for the quarter, FiscalAI reports. Biglari had a positive return on equity of 2.51% and a negative net margin of 9.48%.The firm had revenue of $97.48 million for the quarter.

Biglari Stock Performance

NYSE:BH traded up $6.26 during trading on Friday, reaching $306.98. The company’s stock had a trading volume of 57,237 shares, compared to its average volume of 100,679. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.40 and a current ratio of 2.43. The firm has a market cap of $702.99 million, a price-to-earnings ratio of -2.14 and a beta of 0.75. Biglari has a 12 month low of $230.12 and a 12 month high of $483.60. The firm has a 50 day moving average of $320.36 and a 200-day moving average of $349.06.

Insider Buying and Selling

In other Biglari news, CEO Sardar Biglari purchased 3,320 shares of the stock in a transaction on Monday, March 9th. The shares were purchased at an average price of $301.06 per share, with a total value of $999,519.20. Following the acquisition, the chief executive officer directly owned 1,342,620 shares in the company, valued at approximately $404,209,177.20. The trade was a 0.25% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders bought 9,717 shares of company stock valued at $2,978,074. 68.53% of the stock is owned by company insiders.

Institutional Investors Weigh In On Biglari

A number of large investors have recently made changes to their positions in BH. Swiss National Bank purchased a new position in Biglari during the first quarter valued at $475,000. Y Intercept Hong Kong Ltd purchased a new stake in Biglari in the first quarter worth about $1,404,000. Strs Ohio boosted its stake in shares of Biglari by 5.6% in the first quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock worth $626,000 after acquiring an additional 100 shares during the period. SG Americas Securities LLC bought a new position in shares of Biglari in the first quarter worth about $500,000. Finally, Hsbc Holdings PLC bought a new position in Biglari during the fourth quarter valued at approximately $498,000. 74.30% of the stock is currently owned by 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.