Biglari (NYSE:BH) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Biglari Holdings Inc. (NYSE:BH) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $315.42 and traded as high as $364.95. Biglari shares last traded at $356.2570, with a volume of 27,597 shares trading hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Biglari from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th.

Biglari Price Performance

The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.80 and a current ratio of 2.83. The company has a market cap of $812.27 million, a price-to-earnings ratio of 31.84 and a beta of 0.82. The business has a fifty day moving average price of $333.29 and a 200 day moving average price of $315.77.

Insider Activity at Biglari

In related news, CEO Sardar Biglari purchased 3,452 shares of Biglari stock in a transaction dated Wednesday, December 17th. The shares were bought at an average cost of $463.34 per share, for a total transaction of $1,599,449.68. Following the purchase, the chief executive officer owned 1,335,713 shares in the company, valued at approximately $618,889,261.42. This trade represents a 0.26% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 13,772 shares of company stock valued at $5,050,068 over the last three months. 71.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Biglari

Several institutional investors and hedge funds have recently added to or reduced their stakes in BH. Peapod Lane Capital LLC boosted its position in Biglari by 0.3% in the second quarter. Peapod Lane Capital LLC now owns 13,876 shares of the restaurant operator’s stock valued at $4,055,000 after buying an additional 47 shares in the last quarter. Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Biglari by 41.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 171 shares of the restaurant operator’s stock valued at $50,000 after acquiring an additional 50 shares in the last quarter. Jones Financial Companies Lllp grew 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 acquiring an additional 50 shares during the last quarter. CWM LLC grew 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 acquiring an additional 58 shares during the last quarter. Finally, Occudo Quantitative Strategies LP increased its holdings in 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 in the last quarter. Institutional investors own 74.30% of the company’s stock.

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.