Sardar Biglari Sells 9,525 Shares of Biglari (NYSE:BH) Stock

Posted by Donna Armstrong on Jul 8th, 2026

Biglari Holdings Inc. (NYSE:BH – Get Free Report) major shareholder Sardar Biglari sold 9,525 shares of Biglari stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $16.92, for a total transaction of $161,163.00. Following the sale, the insider directly owned 3,635,454 shares of the company’s stock, valued at approximately $61,511,881.68. This trade represents a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Wednesday, July 1st, Sardar Biglari sold 132,421 shares of Biglari stock. The shares were sold at an average price of $17.27, for a total value of $2,286,910.67.
On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The shares were sold at an average price of $16.91, for a total value of $382,166.00.
On Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was sold at an average price of $16.58, for a total value of $1,658,000.00.
On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was sold at an average price of $16.75, for a total value of $1,675,000.00.
On Friday, June 5th, Sardar Biglari acquired 535 shares of Biglari stock. The shares were acquired at an average cost of $297.14 per share, with a total value of $158,969.90.
On Thursday, June 4th, Sardar Biglari acquired 1,743 shares of Biglari stock. The stock was acquired at an average price of $286.76 per share, for a total transaction of $499,822.68.
On Thursday, May 14th, Sardar Biglari bought 14,351 shares of Biglari stock. The shares were acquired at an average cost 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 shares were acquired at an average price of $260.36 per share, with a total value of $3,998,608.88.
On Tuesday, May 12th, Sardar Biglari purchased 22,965 shares of Biglari stock. The stock was acquired at an average cost of $249.84 per share, with a total value of $5,737,575.60.

Biglari Trading Down 2.7%

NYSE BH opened at $412.76 on Wednesday. The firm’s fifty day moving average price is $320.56 and its 200 day moving average price is $347.15. Biglari Holdings Inc. has a 12 month low of $234.91 and a 12 month high of $483.60. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.47 and a quick ratio of 2.44. The company has a market capitalization of $945.22 million, a price-to-earnings ratio of -5.67 and a beta of 0.63.

Biglari (NYSE:BH – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share (EPS) for the quarter. The company had revenue of $97.48 million during the quarter. Biglari had a negative net margin of 4.71% and a negative return on equity of 1.20%.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on Biglari

Institutional Investors Weigh In On Biglari

A number of institutional investors and hedge funds have recently made changes to their positions in BH. Invesco Ltd. increased its position in Biglari by 319.8% in the 3rd quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock valued at $13,089,000 after acquiring an additional 30,810 shares during the period. Two Sigma Investments LP raised its stake in Biglari by 162.8% during the 3rd quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock valued at $3,742,000 after acquiring an additional 7,163 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Biglari by 20.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock worth $10,569,000 after acquiring an additional 5,650 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of Biglari in the 1st quarter valued at approximately $1,404,000. Finally, Man Group plc purchased a new position in shares of Biglari in the 2nd quarter valued at approximately $872,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

About Biglari

(Get Free Report)

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.