Biglari (NYSE:BH) Major Shareholder Sells $161,163.00 in Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 9,525 shares of the business’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $16.92, for a total transaction of $161,163.00. Following the completion of the sale, the insider owned 3,635,454 shares of the company’s stock, valued at $61,511,881.68. The trade was a 0.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, July 1st, Sardar Biglari sold 132,421 shares of Biglari stock. The shares were sold at an average price of $17.27, for a total transaction of $2,286,910.67.
• On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The shares were sold at an average price of $16.91, for a total transaction of $382,166.00.
• On Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was sold at an average price of $16.58, for a total transaction of $1,658,000.00.
• On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was sold at an average price of $16.75, for a total transaction of $1,675,000.00.
• On Friday, June 5th, Sardar Biglari purchased 535 shares of Biglari stock. The shares were purchased at an average price of $297.14 per share, with a total value of $158,969.90.
• On Thursday, June 4th, Sardar Biglari purchased 1,743 shares of Biglari stock. The stock was acquired at an average cost of $286.76 per share, for a total transaction of $499,822.68.
• On Thursday, May 14th, Sardar Biglari purchased 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 acquired 15,358 shares of Biglari stock. The stock was acquired at an average price of $260.36 per share, for a total transaction of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari acquired 22,965 shares of Biglari stock. The shares were acquired at an average cost of $249.84 per share, with a total value of $5,737,575.60.

Biglari Price Performance

Shares of NYSE:BH opened at $405.54 on Thursday. The business has a 50 day moving average price of $322.37 and a 200 day moving average price of $347.60. Biglari Holdings Inc. has a twelve month low of $234.91 and a twelve month high of $483.60. The company has a market cap of $928.69 million, a price-to-earnings ratio of -5.57 and a beta of 0.63. The company has a quick ratio of 2.44, a current ratio of 2.47 and a debt-to-equity ratio of 0.61.

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Biglari

Several institutional investors and hedge funds have recently added to or reduced their stakes in BH. Jones Financial Companies Lllp acquired a new position in Biglari in the 1st quarter valued at approximately $64,000. Empowered Funds LLC lifted its position in shares of Biglari by 1.8% in the 1st quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator’s stock worth $2,043,000 after acquiring an additional 165 shares during the period. Jane Street Group LLC acquired a new stake in shares of Biglari during the 1st quarter worth approximately $257,000. American Century Companies Inc. bought a new stake in shares of Biglari during the second quarter valued at approximately $339,000. Finally, Invesco Ltd. bought a new stake in shares of Biglari during the second quarter valued at approximately $2,815,000. 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.