Sardar Biglari Acquires 14,351 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 14,351 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of $258.06 per share, for a total transaction of $3,703,419.06. Following the acquisition, the chief executive officer directly owned 1,398,104 shares of the company’s stock, valued at $360,794,718.24. This represents a 1.04% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Wednesday, May 13th, Sardar Biglari acquired 15,358 shares of Biglari stock. The shares were bought at an average cost of $260.36 per share, with a total value of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The stock was bought at an average price of $249.84 per share, for a total transaction of $5,737,575.60.
• On Friday, March 13th, Sardar Biglari bought 2,810 shares of Biglari stock. The shares were bought at an average cost of $302.20 per share, for a total transaction of $849,182.00.
• On Monday, March 9th, Sardar Biglari purchased 3,320 shares of Biglari stock. The stock was bought at an average price of $301.06 per share, with a total value 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 acquired 1,146 shares of Biglari stock. The shares were purchased at an average cost of $331.15 per share, with a total value of $379,497.90.

Biglari Trading Up 1.8%

Shares of BH traded up $4.59 during midday trading on Thursday, hitting $257.88. The stock had a trading volume of 87,538 shares, compared to its average volume of 67,906. The business has a 50-day simple moving average of $310.40 and a two-hundred day simple moving average of $345.40. The firm has a market cap of $590.55 million, a P/E ratio of -3.54 and a beta of 0.75. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. Biglari Holdings Inc. has a fifty-two week low of $230.12 and a fifty-two week high of $483.60.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BH. Russell Investments Group Ltd. boosted its stake in shares of Biglari by 608.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 73 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Biglari by 128.2% in the third quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 50 shares during the last quarter. CWM LLC raised its holdings in shares of Biglari by 148.7% during the third quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 58 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Biglari during the third quarter worth $34,000. Finally, State of Alaska Department of Revenue acquired a new stake in Biglari during the third quarter valued at $51,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analysts Set New Price Targets

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

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.