Biglari (NYSE:BH) CEO Sardar Biglari Purchases 535 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 535 shares of the stock in a transaction dated Friday, June 5th. The stock was purchased at an average cost of $297.14 per share, for a total transaction of $158,969.90. Following the acquisition, the chief executive officer owned 1,400,382 shares in the company, valued at $416,109,507.48. The trade was a 0.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, June 4th, Sardar Biglari bought 1,743 shares of Biglari stock. The stock was purchased at an average cost of $286.76 per share, for a total transaction of $499,822.68.
• On Thursday, May 14th, Sardar Biglari bought 14,351 shares of Biglari stock. The stock was purchased at an average cost of $258.06 per share, for a total transaction of $3,703,419.06.
• On Wednesday, May 13th, Sardar Biglari bought 15,358 shares of Biglari stock. The stock was purchased at an average cost of $260.36 per share, for a total transaction of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The stock was purchased at an average cost 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 stock was purchased at an average cost of $302.20 per share, for a total transaction of $849,182.00.
• On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The stock was purchased at an average cost of $301.06 per share, for a total transaction of $999,519.20.

Biglari Stock Down 1.0%

BH opened at $293.37 on Friday. The firm’s 50-day simple moving average is $300.26 and its 200-day simple moving average is $337.74. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47. Biglari Holdings Inc. has a twelve month low of $234.91 and a twelve month high of $483.60. The firm has a market cap of $671.81 million, a price-to-earnings ratio of -4.03 and a beta of 0.71.

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in Biglari by 72.1% during the 1st quarter. Bank of America Corp DE now owns 1,287 shares of the restaurant operator’s stock worth $424,000 after buying an additional 539 shares in the last quarter. Swiss National Bank acquired a new position in Biglari during the 1st quarter worth about $475,000. Y Intercept Hong Kong Ltd acquired a new position in Biglari during the 1st quarter worth about $1,404,000. Strs Ohio lifted its position in Biglari by 5.6% during the 1st quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock worth $626,000 after buying an additional 100 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Biglari during the 1st quarter worth about $500,000. Institutional investors and hedge funds 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.