Biglari (NYSE:BH) CEO Sardar Biglari Acquires 22,965 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 22,965 shares of Biglari stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average cost of $249.84 per share, with a total value of $5,737,575.60. Following the acquisition, the chief executive officer directly owned 1,368,395 shares in the company, valued at $341,879,806.80. This trade represents a 1.71% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 stock was acquired at an average cost of $258.06 per share, for a total transaction of $3,703,419.06.
• On Wednesday, May 13th, Sardar Biglari acquired 15,358 shares of Biglari stock. The stock was 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 bought 2,810 shares of Biglari stock. The shares were acquired at an average cost of $302.20 per share, with a total value of $849,182.00.
• On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The shares were acquired at an average price of $301.06 per share, for a total transaction of $999,519.20.
• On Friday, March 6th, Sardar Biglari purchased 2,441 shares of Biglari stock. The stock was bought at an average cost of $307.20 per share, for a total transaction of $749,875.20.
• On Tuesday, March 3rd, Sardar Biglari purchased 1,146 shares of Biglari stock. The stock was bought at an average cost of $331.15 per share, with a total value of $379,497.90.

Biglari Price Performance

NYSE:BH traded up $4.59 during trading hours on Thursday, reaching $257.88. 87,538 shares of the company were exchanged, compared to its average volume of 67,906. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. The firm has a market cap of $590.55 million, a PE ratio of -3.54 and a beta of 0.75. Biglari Holdings Inc. has a twelve month low of $230.12 and a twelve month high of $483.60. The stock’s 50-day moving average is $310.40 and its 200-day moving average is $345.40.

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

Wall Street Analyst Weigh In

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

Institutional Trading of Biglari

A number of hedge funds have recently bought and sold shares of the business. Swiss National Bank acquired a new position in shares of Biglari during the 1st quarter worth approximately $475,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Biglari in the first quarter valued at approximately $1,404,000. Strs Ohio lifted its position in Biglari by 5.6% during the first quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock worth $626,000 after buying an additional 100 shares in the last quarter. SG Americas Securities LLC purchased a new position in Biglari during the first quarter worth approximately $500,000. Finally, Hsbc Holdings PLC acquired a new position in Biglari during the fourth quarter worth $498,000. Institutional investors and hedge funds 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.