Biglari (NYSE:BH) CEO Sardar Biglari Buys 2,810 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 2,810 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average cost of $302.20 per share, with a total value of $849,182.00. Following the completion of the acquisition, the chief executive officer directly owned 1,345,430 shares in the company, valued at approximately $406,588,946. This represents a 0.21% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The shares were acquired at an average cost 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 shares were acquired at an average price of $307.20 per share, with a total value of $749,875.20.
• On Tuesday, March 3rd, Sardar Biglari purchased 1,146 shares of Biglari stock. The stock was acquired at an average cost of $331.15 per share, with a total value of $379,497.90.
• On Wednesday, December 17th, Sardar Biglari purchased 3,452 shares of Biglari stock. The stock was acquired at an average cost of $463.34 per share, with a total value of $1,599,449.68.
• On Tuesday, December 16th, Sardar Biglari purchased 156 shares of Biglari stock. The shares were acquired at an average cost of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari acquired 212 shares of Biglari stock. The shares were bought at an average price of $698.01 per share, for a total transaction of $147,978.12.

Biglari Price Performance

BH stock traded down $7.63 during trading on Friday, hitting $300.29. The company had a trading volume of 138,522 shares, compared to its average volume of 158,894. The business has a 50 day moving average of $391.01 and a 200 day moving average of $351.00. The firm has a market capitalization of $684.65 million, a price-to-earnings ratio of -2.09 and a beta of 0.81. The company has a current ratio of 2.43, a quick ratio of 2.40 and a debt-to-equity ratio of 0.60. Biglari Holdings Inc. has a fifty-two week low of $195.05 and a fifty-two week high of $483.60.

Biglari (NYSE:BH) last released its earnings results on Saturday, February 28th. The restaurant operator reported ($2.38) EPS for the quarter. Biglari had a negative net margin of 9.48% and a positive return on equity of 2.51%. The company had revenue of $99.87 million for the quarter.

Institutional Trading of Biglari

Several institutional investors have recently modified their holdings of BH. Pacer Advisors Inc. acquired a new stake in Biglari in the 3rd quarter valued at about $2,094,000. JPMorgan Chase & Co. boosted its position in shares of Biglari by 20.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock valued at $10,569,000 after purchasing an additional 5,650 shares in the last quarter. AXQ Capital LP acquired a new position in shares of Biglari in the 2nd quarter worth approximately $249,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Biglari by 5.0% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,626 shares of the restaurant operator’s stock worth $3,689,000 after purchasing an additional 597 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Biglari by 45.4% in the 4th quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Biglari from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th.

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.