Biglari (NYSE:BH) CEO Sardar Biglari Buys 1,743 Shares

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 1,743 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were purchased at an average price of $286.76 per share, with a total value of $499,822.68. Following the transaction, the chief executive officer owned 1,399,847 shares of the company’s stock, valued at $401,420,125.72. The trade was a 0.12% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, June 5th, Sardar Biglari purchased 535 shares of Biglari stock. The shares were purchased at an average cost of $297.14 per share, for a total transaction of $158,969.90.
• On Thursday, May 14th, Sardar Biglari purchased 14,351 shares of Biglari stock. The stock was purchased at an average price 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 purchased at an average price of $260.36 per share, with a total value of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari acquired 22,965 shares of Biglari stock. The shares were purchased at an average cost of $249.84 per share, with a total value of $5,737,575.60.
• On Friday, March 13th, Sardar Biglari bought 2,810 shares of Biglari stock. The stock was acquired at an average cost of $302.20 per share, for a total transaction of $849,182.00.
• On Monday, March 9th, Sardar Biglari purchased 3,320 shares of Biglari stock. The shares were acquired at an average price of $301.06 per share, with a total value of $999,519.20.

Biglari Trading Down 1.0%

Shares of BH traded down $2.84 on Friday, reaching $293.37. 39,010 shares of the company’s stock were exchanged, compared to its average volume of 95,898. The business has a 50 day moving average price of $300.79 and a two-hundred day moving average price of $338.05. Biglari Holdings Inc. has a 12 month low of $234.91 and a 12 month high of $483.60. The stock has a market capitalization of $672.98 million, a P/E ratio of -4.03 and a beta of 0.71. 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 (NYSE:BH) last announced its quarterly earnings data 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 Analysts Forecast Growth

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

Institutional Investors Weigh In On Biglari

Several large investors have recently bought and sold shares of BH. Invesco Ltd. raised its holdings in Biglari by 319.8% in the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after purchasing an additional 30,810 shares during the period. Two Sigma Investments LP grew its holdings in shares of Biglari by 162.8% in the 3rd quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock valued at $3,742,000 after buying an additional 7,163 shares during the period. JPMorgan Chase & Co. increased its position in shares of Biglari by 20.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock valued at $10,569,000 after buying an additional 5,650 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Biglari in the 1st quarter valued at $1,404,000. Finally, Man Group plc acquired a new stake in Biglari during the 2nd quarter worth $872,000. 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.