Biglari (NYSE:BH) CEO Acquires $5,737,575.60 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 22,965 shares of Biglari stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average cost of $249.84 per share, for a total transaction of $5,737,575.60. Following the transaction, the chief executive officer directly owned 1,368,395 shares of the company’s stock, valued at $341,879,806.80. This represents a 1.71% 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 Thursday, May 14th, Sardar Biglari bought 14,351 shares of Biglari stock. The stock was acquired 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 acquired at an average cost of $260.36 per share, for a total transaction of $3,998,608.88.
• On Friday, March 13th, Sardar Biglari bought 2,810 shares of Biglari stock. The stock was acquired 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 acquired at an average cost of $301.06 per share, for a total transaction of $999,519.20.
• On Friday, March 6th, Sardar Biglari bought 2,441 shares of Biglari stock. The stock was acquired at an average cost of $307.20 per share, for a total transaction of $749,875.20.
• On Tuesday, March 3rd, Sardar Biglari bought 1,146 shares of Biglari stock. The stock was acquired at an average cost of $331.15 per share, for a total transaction of $379,497.90.

Biglari Trading Up 3.8%

Shares of BH stock opened at $267.96 on Friday. The stock’s fifty day moving average price is $308.88 and its two-hundred day moving average price is $344.86. The company has a market cap of $613.62 million, a PE ratio of -3.68 and a beta of 0.75. Biglari Holdings Inc. has a fifty-two week low of $230.12 and a fifty-two week high of $483.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.40 and a current ratio of 2.47.

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Russell Investments Group Ltd. raised its position in Biglari by 608.3% during the 3rd 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. Jones Financial Companies Lllp raised its position in Biglari by 128.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 50 shares during the last quarter. CWM LLC raised its position in Biglari by 148.7% during the 3rd quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 58 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Biglari during the 3rd quarter worth $34,000. Finally, State of Alaska Department of Revenue bought a new position in Biglari during the 3rd quarter worth $51,000. 74.30% of the stock is currently owned by institutional investors.

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.