Biglari (NYSE:BH) Major Shareholder Sardar Biglari Sells 20,000 Shares

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 20,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $16.73, for a total value of $334,600.00. Following the transaction, the insider directly owned 106,422 shares of the company’s stock, valued at $1,780,440.06. The trade was a 15.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 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, August 5th, Sardar Biglari sold 80,000 shares of Biglari stock. The stock was sold at an average price of $16.90, for a total transaction of $1,352,000.00.
• On Thursday, July 30th, Sardar Biglari sold 546 shares of Biglari stock. The shares were sold at an average price of $16.70, for a total transaction of $9,118.20.
• On Wednesday, July 29th, Sardar Biglari sold 6,611 shares of Biglari stock. The stock was sold at an average price of $16.71, for a total transaction of $110,469.81.
• On Friday, July 17th, Sardar Biglari sold 11,000 shares of Biglari stock. The stock was sold at an average price of $16.71, for a total transaction of $183,810.00.
• On Monday, July 13th, Sardar Biglari sold 75,000 shares of Biglari stock. The shares were sold at an average price of $16.74, for a total transaction of $1,255,500.00.
• On Thursday, July 2nd, Sardar Biglari sold 9,525 shares of Biglari stock. The stock was sold at an average price of $16.92, for a total transaction of $161,163.00.
• On Wednesday, July 1st, Sardar Biglari sold 132,421 shares of Biglari stock. The stock was sold at an average price of $17.27, for a total transaction of $2,286,910.67.
• On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The stock was sold at an average price of $16.91, for a total transaction of $382,166.00.
• On Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were 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 shares were sold at an average price of $16.75, for a total value of $1,675,000.00.

Biglari Trading Up 1.0%

NYSE BH opened at $396.92 on Thursday. The company has a quick ratio of 2.44, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. The stock’s 50-day simple moving average is $364.75 and its two-hundred day simple moving average is $348.71. Biglari Holdings Inc. has a twelve month low of $234.91 and a twelve month high of $483.60. The company has a market capitalization of $908.95 million, a price-to-earnings ratio of -5.45 and a beta of 0.63.

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

Analysts Set New Price Targets

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

Institutional Trading of Biglari

Several institutional investors have recently added to or reduced their stakes in BH. Y Intercept Hong Kong Ltd purchased a new position in shares of Biglari in the first quarter worth about $1,404,000. SG Americas Securities LLC purchased a new stake in Biglari during the 1st quarter valued at about $500,000. Swiss National Bank purchased a new stake in Biglari during the 1st quarter valued at about $475,000. Hsbc Holdings PLC bought a new position in Biglari during the 4th quarter worth approximately $498,000. Finally, Deutsche Bank AG grew its position in Biglari by 15.1% during the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock worth $139,000 after acquiring an additional 55 shares during the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

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.