Biglari (NYSE:BH) Major Shareholder Sardar Biglari Sells 1,100 Shares

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 1,100 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $17.06, for a total transaction of $18,766.00. Following the completion of the sale, the insider owned 65,872 shares of the company’s stock, valued at $1,123,776.32. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases 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 value of $1,352,000.00.
• On Monday, August 3rd, Sardar Biglari sold 20,000 shares of Biglari stock. The shares were sold at an average price of $16.73, for a total transaction of $334,600.00.
• 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 value 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 value of $110,469.81.
• On Friday, July 17th, Sardar Biglari sold 11,000 shares of Biglari stock. The shares were sold at an average price of $16.71, for a total value of $183,810.00.
• On Monday, July 13th, Sardar Biglari sold 75,000 shares of Biglari stock. The stock was 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 shares were sold at an average price of $16.92, for a total value 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 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.

Biglari Price Performance

NYSE:BH opened at $383.63 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47. The firm has a market cap of $878.51 million, a price-to-earnings ratio of -3.51 and a beta of 0.63. The firm’s 50-day simple moving average is $372.26 and its 200 day simple moving average is $346.60. Biglari Holdings Inc. has a 52 week low of $234.91 and a 52 week high of $483.60.

Biglari (NYSE:BH) last posted its quarterly earnings results on Friday, August 7th. The restaurant operator reported $158.17 earnings per share (EPS) for the quarter. The business had revenue of $108.52 million for the quarter. Biglari had a negative net margin of 7.33% and a positive return on equity of 5.71%.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Biglari

Large investors have recently bought and sold shares of the stock. Invesco Ltd. raised its holdings in shares of Biglari by 319.8% during the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock valued at $13,089,000 after purchasing an additional 30,810 shares during the period. Bridgeway Capital Management LLC increased its position in Biglari by 4.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 17,676 shares of the restaurant operator’s stock valued at $5,876,000 after buying an additional 732 shares in the last quarter. Peapod Lane Capital LLC increased its position in Biglari by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 12,399 shares of the restaurant operator’s stock valued at $4,122,000 after buying an additional 90 shares in the last quarter. Empowered Funds LLC raised its stake in Biglari by 8.0% during the 4th quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator’s stock worth $3,859,000 after buying an additional 863 shares during the period. Finally, 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 worth $3,742,000 after buying an additional 7,163 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

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.