Y Intercept Hong Kong Ltd Makes New $1.40 Million Investment in Biglari Holdings Inc. $BH

Y Intercept Hong Kong Ltd acquired a new position in shares of Biglari Holdings Inc. (NYSE:BH) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,260 shares of the restaurant operator’s stock, valued at approximately $1,404,000.

Other hedge funds have also modified their holdings of the company. Strs Ohio boosted its holdings in Biglari by 5.6% in the first quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock valued at $626,000 after purchasing an additional 100 shares during the period. SG Americas Securities LLC purchased a new stake in Biglari during the 1st quarter worth about $500,000. Hsbc Holdings PLC purchased a new stake in Biglari during the 4th quarter worth about $498,000. Empowered Funds LLC raised its position in Biglari by 8.0% in the 4th quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator’s stock valued at $3,859,000 after purchasing an additional 863 shares in the last quarter. Finally, Susquehanna Portfolio Strategies LLC acquired a new stake in Biglari in the 4th quarter valued at about $548,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Biglari Stock Down 5.9%

Shares of Biglari stock traded down $23.15 during trading on Friday, hitting $371.55. 63,626 shares of the stock were exchanged, compared to its average volume of 54,196. 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 firm’s 50-day moving average price is $325.62 and its 200 day moving average price is $348.08. The stock has a market cap of $850.85 million, a price-to-earnings ratio of -5.10 and a beta of 0.63. Biglari Holdings Inc. has a 12-month low of $234.91 and a 12-month high of $483.60.

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

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, major shareholder Sardar Biglari sold 132,421 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $17.27, for a total value of $2,286,910.67. Following the transaction, the insider owned 3,644,979 shares in the company, valued at approximately $62,948,787.33. This represents a 3.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders bought 54,952 shares of company stock worth $14,098,396 and sold 364,546 shares worth $6,163,240. Corporate insiders own 68.53% of the company’s stock.

Biglari 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.