Sardar Biglari Acquires 14,351 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 14,351 shares of Biglari stock in a transaction dated Thursday, May 14th. The shares were purchased at an average cost of $258.06 per share, with a total value of $3,703,419.06. Following the acquisition, the chief executive officer owned 1,398,104 shares of the company’s stock, valued at approximately $360,794,718.24. This trade represents a 1.04% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, May 13th, Sardar Biglari bought 15,358 shares of Biglari stock. The shares were purchased at an average cost of $260.36 per share, with a total value of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The stock was purchased at an average price of $249.84 per share, with a total value of $5,737,575.60.
• On Friday, March 13th, Sardar Biglari purchased 2,810 shares of Biglari stock. The stock was purchased at an average price 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 cost of $301.06 per share, for a total transaction of $999,519.20.
• On Friday, March 6th, Sardar Biglari acquired 2,441 shares of Biglari stock. The shares were acquired at an average price of $307.20 per share, with a total value of $749,875.20.
• On Tuesday, March 3rd, Sardar Biglari acquired 1,146 shares of Biglari stock. The shares were acquired at an average price of $331.15 per share, with a total value of $379,497.90.

Biglari Stock Performance

BH traded up $4.59 during trading hours on Thursday, hitting $257.88. The company’s stock had a trading volume of 87,538 shares, compared to its average volume of 67,906. The company has a 50-day simple moving average of $310.40 and a 200 day simple moving average of $345.40. The company has a current ratio of 2.47, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $590.55 million, a PE ratio of -3.54 and a beta of 0.75. Biglari Holdings Inc. has a fifty-two week low of $230.12 and a fifty-two week high of $483.60.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in Biglari by 319.8% during the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after acquiring an additional 30,810 shares during the period. JPMorgan Chase & Co. lifted its holdings in 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 acquiring an additional 5,650 shares during the last quarter. Bridgeway Capital Management LLC boosted its position in shares of Biglari by 4.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 17,676 shares of the restaurant operator’s stock valued at $5,876,000 after purchasing an additional 732 shares in the last quarter. Peapod Lane Capital LLC grew its stake in shares of Biglari by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 12,399 shares of the restaurant operator’s stock worth $4,122,000 after purchasing an additional 90 shares during the last quarter. Finally, Empowered Funds LLC grew its stake 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 worth $3,859,000 after purchasing an additional 863 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Biglari from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th.

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.