Biglari (NYSE:BH) Trading Down 7.6% – What’s Next?

Biglari Holdings Inc. (NYSE:BH)’s stock price fell 7.6% on Monday . The stock traded as low as $438.41 and last traded at $431.7090. 37,174 shares traded hands during trading, a decline of 48% from the average session volume of 71,945 shares. The stock had previously closed at $467.14.

Wall Street Analyst Weigh In

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

Biglari Trading Down 14.5%

The business has a 50 day simple moving average of $354.90 and a 200 day simple moving average of $333.86. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.83 and a quick ratio of 2.80. The company has a market cap of $910.28 million, a price-to-earnings ratio of 35.68 and a beta of 0.81.

Insider Buying and Selling

In related news, CEO Sardar Biglari bought 3,452 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was bought at an average cost of $463.34 per share, with a total value of $1,599,449.68. Following the completion of the purchase, the chief executive officer owned 1,335,713 shares in the company, valued at approximately $618,889,261.42. The trade was a 0.26% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders have bought 13,772 shares of company stock worth $5,050,068. 74.70% of the stock is owned by corporate insiders.

Institutional Trading of Biglari

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted 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 acquiring an additional 73 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Biglari by 128.2% during the third quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 50 shares in the last quarter. CWM LLC grew its stake in Biglari by 148.7% in the third quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 58 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Biglari during the third quarter worth approximately $34,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its position 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 during the period. 74.30% of the stock is 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.