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 Biglari stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $16.71, for a total transaction of $110,469.81. Following the completion of the transaction, the insider owned 116,695 shares of the company’s stock, valued at $1,949,973.45. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock 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 stock was sold at an average price of $16.70, for a total value of $9,118.20.
• On Friday, July 17th, Sardar Biglari sold 11,000 shares of Biglari stock. The stock was sold at an average price of $16.71, for a total value 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 value 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 value of $161,163.00.
• On Wednesday, July 1st, Sardar Biglari sold 132,421 shares of Biglari stock. The shares were sold at an average price of $17.27, for a total value of $2,286,910.67.
• On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The shares were sold at an average price of $16.91, for a total value of $382,166.00.
• On Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was 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 acquired 535 shares of Biglari stock. The shares were purchased at an average cost of $297.14 per share, with a total value of $158,969.90.
• On Thursday, June 4th, Sardar Biglari bought 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

NYSE BH traded down $3.44 on Friday, hitting $395.58. The stock had a trading volume of 198,881 shares, compared to its average volume of 98,483. Biglari Holdings Inc. has a 52-week low of $234.91 and a 52-week high of $483.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47. The company has a market capitalization of $907.47 million, a price-to-earnings ratio of -5.43 and a beta of 0.63. The firm has a 50-day moving average of $355.42 and a 200-day moving average of $350.11.

Biglari (NYSE:BH) last released its quarterly earnings results on Friday, May 8th. The restaurant operator reported ($55.81) 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 Investors Weigh In On Biglari

Several hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. grew its stake in Biglari by 608.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after buying an additional 73 shares in 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 valued at $47,000 after buying an additional 44 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Biglari during the 1st quarter worth $64,000. State of Alaska Department of Revenue lifted its holdings in shares of Biglari by 120.6% during the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock worth $117,000 after acquiring an additional 193 shares during the last quarter. Finally, Deutsche Bank AG grew its position in Biglari by 15.1% in the fourth quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock worth $139,000 after acquiring an additional 55 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

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.