Sardar Biglari Sells 1,100 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 1,100 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $17.06, for a total value of $18,766.00. Following the sale, the insider owned 65,872 shares in the company, valued at $1,123,776.32. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock 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 shares were 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 stock was sold at an average price of $16.73, for a total value of $334,600.00.
• On Thursday, July 30th, Sardar Biglari sold 546 shares of Biglari stock. The stock was 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 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 transaction of $1,658,000.00.

Biglari Stock Performance

Shares of BH stock opened at $390.53 on Thursday. Biglari Holdings Inc. has a one year low of $234.91 and a one year high of $483.60. 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 company has a 50 day moving average price of $374.21 and a 200 day moving average price of $346.05. The firm has a market capitalization of $894.31 million, a price-to-earnings ratio of -3.57 and a beta of 0.63.

Biglari (NYSE:BH) last announced its quarterly earnings results on Friday, August 7th. The restaurant operator reported $158.17 earnings per share for the quarter. The company 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 raised shares of Biglari from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th.

Institutional Trading of Biglari

Several large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its stake in shares of Biglari by 608.3% during the third 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. CWM LLC grew its stake in shares of Biglari by 45.4% in the fourth quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock valued at $47,000 after buying an additional 44 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Biglari in the first quarter valued at about $64,000. State of Alaska Department of Revenue raised its holdings in shares of Biglari by 120.6% during the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 193 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Biglari by 863.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 424 shares of the restaurant operator’s stock valued at $124,000 after buying an additional 380 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.