Biglari (NYSE:BH) CEO Sardar Biglari Buys 14,351 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 14,351 shares of Biglari stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $258.06 per share, with a total value of $3,703,419.06. Following the completion of the purchase, the chief executive officer directly owned 1,398,104 shares in the company, valued at $360,794,718.24. This trade represents a 1.04% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, May 13th, Sardar Biglari bought 15,358 shares of Biglari stock. The shares were acquired at an average price of $260.36 per share, with a total value 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.
• On Friday, March 6th, Sardar Biglari bought 2,441 shares of Biglari stock. The stock was purchased 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 purchased at an average cost of $331.15 per share, for a total transaction of $379,497.90.

Biglari Price Performance

Biglari stock opened at $257.88 on Friday. Biglari Holdings Inc. has a 12 month low of $230.12 and a 12 month high of $483.60. The stock’s 50 day moving average is $310.40 and its 200-day moving average is $345.40. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $590.55 million, a price-to-earnings ratio of -3.54 and a beta of 0.75.

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

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Biglari from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th.

Institutional Investors Weigh In On Biglari

Several institutional investors have recently made changes to their positions in BH. Jones Financial Companies Lllp bought a new stake in shares of Biglari in the first quarter valued at approximately $64,000. Empowered Funds LLC boosted its stake in shares of Biglari by 1.8% in the first quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator’s stock valued at $2,043,000 after buying an additional 165 shares during the period. Jane Street Group LLC bought a new stake in shares of Biglari in the first quarter valued at approximately $257,000. American Century Companies Inc. bought a new stake in shares of Biglari in the second quarter valued at approximately $339,000. Finally, Invesco Ltd. bought a new stake in shares of Biglari in the second quarter valued at approximately $2,815,000. 74.30% of the stock is currently owned by institutional investors.

About Biglari

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.