Sardar Biglari Buys 535 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 535 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average price of $297.14 per share, with a total value of $158,969.90. Following the transaction, the chief executive officer directly owned 1,400,382 shares of the company’s stock, valued at $416,109,507.48. This represents a 0.04% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, June 4th, Sardar Biglari bought 1,743 shares of Biglari stock. The shares were bought at an average cost of $286.76 per share, with a total value of $499,822.68.
• On Thursday, May 14th, Sardar Biglari purchased 14,351 shares of Biglari stock. The stock was bought at an average price 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 price of $249.84 per share, for a total transaction of $5,737,575.60.
• On Friday, March 13th, Sardar Biglari purchased 2,810 shares of Biglari stock. The shares were purchased at an average cost of $302.20 per share, with a total value of $849,182.00.
• On Monday, March 9th, Sardar Biglari acquired 3,320 shares of Biglari stock. The shares were purchased at an average cost of $301.06 per share, for a total transaction of $999,519.20.

Biglari Price Performance

Shares of BH stock traded down $2.84 on Friday, reaching $293.37. The company’s stock had a trading volume of 39,010 shares, compared to its average volume of 95,898. The company has a market capitalization of $672.98 million, a price-to-earnings ratio of -4.03 and a beta of 0.71. The stock’s fifty day simple moving average is $300.79 and its 200-day simple moving average is $338.05. The company has a current ratio of 2.47, a quick ratio of 2.44 and a debt-to-equity ratio of 0.61. Biglari Holdings Inc. has a 1 year low of $234.91 and a 1 year high of $483.60.

Biglari (NYSE:BH) last posted 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 return on equity of 1.20% and a negative net margin of 4.71%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Biglari

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CWM LLC lifted its stake in Biglari by 45.4% in the fourth quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after acquiring an additional 44 shares during the period. Jones Financial Companies Lllp increased 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 valued at $29,000 after purchasing an additional 50 shares during the period. Deutsche Bank AG raised its holdings in shares of Biglari by 15.1% in the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock valued at $139,000 after purchasing an additional 55 shares in the last quarter. Occudo Quantitative Strategies LP lifted its position in shares of Biglari by 6.9% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 1,011 shares of the restaurant operator’s stock worth $327,000 after purchasing an additional 65 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of Biglari by 9.5% during the fourth quarter. Wells Fargo & Company MN now owns 785 shares of the restaurant operator’s stock valued at $261,000 after purchasing an additional 68 shares in the last quarter. Institutional investors 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.