Biglari Holdings Inc. (NYSE:BH) Short Interest Update

Biglari Holdings Inc. (NYSE:BH) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 122,706 shares, an increase of 27.8% from the February 26th total of 96,033 shares. Based on an average daily volume of 159,152 shares, the days-to-cover ratio is currently 0.8 days. Approximately 17.0% of the shares of the company are short sold.

Biglari Price Performance

Biglari stock opened at $305.75 on Monday. The company has a quick ratio of 2.40, a current ratio of 2.43 and a debt-to-equity ratio of 0.60. Biglari has a 52-week low of $195.05 and a 52-week high of $483.60. The firm has a market cap of $701.38 million, a PE ratio of -2.13 and a beta of 0.81. The company’s 50 day moving average is $369.58 and its two-hundred day moving average is $351.47.

Biglari (NYSE:BH) last posted its quarterly earnings data on Saturday, February 28th. The restaurant operator reported ($2.38) earnings per share for the quarter. The company had revenue of $99.87 million for the quarter. Biglari had a positive return on equity of 2.51% and a negative net margin of 9.48%.

Insider Buying and Selling

In other news, CEO Sardar Biglari acquired 2,810 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average cost of $302.20 per share, for a total transaction of $849,182.00. Following the acquisition, the chief executive officer owned 1,345,430 shares in the company, valued at approximately $406,588,946. This represents a 0.21% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders have acquired 9,717 shares of company stock valued at $2,978,074. 68.53% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Biglari

A number of hedge funds have recently bought and sold shares of the stock. Hsbc Holdings PLC acquired a new position in shares of Biglari during the fourth quarter worth about $498,000. Empowered Funds LLC raised its holdings in shares of Biglari by 8.0% in the 4th quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator’s stock valued at $3,859,000 after purchasing an additional 863 shares in the last quarter. Susquehanna Portfolio Strategies LLC acquired a new stake in shares of Biglari during the 4th quarter worth about $548,000. Polymer Capital Management US LLC purchased a new position in Biglari in the fourth quarter valued at approximately $389,000. Finally, Quadrature Capital Ltd increased its stake in Biglari by 184.5% in the fourth quarter. Quadrature Capital Ltd now owns 1,593 shares of the restaurant operator’s stock valued at $530,000 after purchasing an additional 1,033 shares during the last quarter. Institutional investors and hedge funds 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.