Biglari (NYSE:BH) Sees Strong Trading Volume – Should You Buy?

Shares of Biglari Holdings Inc. (NYSE:BH) saw strong trading volume on Tuesday . Approximately 303,174 shares changed hands during trading, an increase of 184% from the previous session’s volume of 106,601 shares.The stock last traded at $392.4540 and had previously closed at $391.30.

Wall Street Analyst Weigh In

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

Biglari Price Performance

The stock has a market cap of $913.10 million, a price-to-earnings ratio of -3.60 and a beta of 0.64. The company has a 50 day simple moving average of $379.74 and a 200-day simple moving average of $345.36. The company has a current ratio of 2.45, a quick ratio of 2.42 and a debt-to-equity ratio of 0.58.

Biglari (NYSE:BH) last posted its quarterly earnings data on Friday, August 7th. The restaurant operator reported $158.17 earnings per share for the quarter. The company had revenue of $108.52 million during the quarter. Biglari had a positive return on equity of 5.70% and a negative net margin of 7.33%.

Insiders Place Their Bets

In other news, major shareholder Sardar Biglari sold 132,421 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $17.27, for a total transaction of $2,286,910.67. Following the completion of the transaction, the insider directly owned 3,644,979 shares of the company’s stock, valued at $62,948,787.33. This trade represents a 3.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders sold 558,803 shares of company stock worth $9,427,504. Corporate insiders own 68.53% of the company’s stock.

Institutional Trading of Biglari

A number of institutional investors have recently made changes to their positions in BH. Russell Investments Group Ltd. boosted its holdings in Biglari by 608.3% during the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 73 shares during the last quarter. CWM LLC increased its stake in Biglari by 45.4% in 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 during the last quarter. Jones Financial Companies Lllp bought a new stake in Biglari during the 1st quarter worth about $64,000. State of Alaska Department of Revenue lifted its position in 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 buying an additional 193 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Biglari by 863.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 424 shares of the restaurant operator’s stock worth $124,000 after buying an additional 380 shares during the last quarter. Institutional investors 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.