Biglari (NYSE:BH) Sees Strong Trading Volume – Here’s Why

Biglari Holdings Inc. (NYSE:BH) shares saw strong trading volume on Friday . 195,304 shares changed hands during mid-day trading, an increase of 133% from the previous session’s volume of 83,887 shares.The stock last traded at $388.82 and had previously closed at $399.17.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Biglari from a “buy” rating to a “hold” rating in a report on Saturday, November 15th.

Biglari Price Performance

The company has a debt-to-equity ratio of 0.54, a current ratio of 2.83 and a quick ratio of 2.80. The firm has a market capitalization of $888.53 million, a price-to-earnings ratio of 34.89 and a beta of 0.81. The stock has a 50 day moving average price of $391.85 and a two-hundred day moving average price of $346.47.

Insider Activity at Biglari

In other Biglari news, CEO Sardar Biglari bought 3,452 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were purchased at an average cost of $463.34 per share, with a total value of $1,599,449.68. Following the purchase, the chief executive officer directly owned 1,335,713 shares in the company, valued at approximately $618,889,261.42. This represents a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have purchased a total of 13,772 shares of company stock valued at $5,050,068 over the last ninety days. Company insiders own 71.40% of the company’s stock.

Hedge Funds Weigh In On Biglari

Institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. grew its stake in Biglari by 608.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of Biglari by 128.2% during the third quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after buying an additional 50 shares in the last quarter. CWM LLC grew its position in shares of Biglari by 148.7% during the third quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after buying an additional 58 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Biglari during the third quarter worth approximately $34,000. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in Biglari by 41.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 171 shares of the restaurant operator’s stock valued at $50,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds 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.