Insider Buying: Biglari (NYSE:BH) CEO Acquires 1,743 Shares of Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 1,743 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were bought at an average cost of $286.76 per share, for a total transaction of $499,822.68. Following the completion of the acquisition, the chief executive officer directly owned 1,399,847 shares of the company’s stock, valued at approximately $401,420,125.72. This represents a 0.12% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, June 5th, Sardar Biglari bought 535 shares of Biglari stock. The shares were bought at an average price of $297.14 per share, with a total value of $158,969.90.
• On Thursday, May 14th, Sardar Biglari purchased 14,351 shares of Biglari stock. The stock was bought at an average cost of $258.06 per share, for a total transaction of $3,703,419.06.
• On Wednesday, May 13th, Sardar Biglari purchased 15,358 shares of Biglari stock. The stock was bought at an average cost of $260.36 per share, for a total transaction of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari acquired 22,965 shares of Biglari stock. The shares were bought at an average price of $249.84 per share, with a total value of $5,737,575.60.
• On Friday, March 13th, Sardar Biglari acquired 2,810 shares of Biglari stock. The shares were bought at an average price of $302.20 per share, with a total value of $849,182.00.
• On Monday, March 9th, Sardar Biglari acquired 3,320 shares of Biglari stock. The shares were bought at an average cost of $301.06 per share, with a total value of $999,519.20.

Biglari Price Performance

Shares of BH traded down $2.84 during trading hours on Friday, hitting $293.37. The stock had a trading volume of 39,010 shares, compared to its average volume of 95,898. The stock has a market capitalization of $672.98 million, a price-to-earnings ratio of -4.03 and a beta of 0.71. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.47 and a quick ratio of 2.44. The company’s fifty day moving average is $300.79 and its two-hundred day moving average is $338.05. Biglari Holdings Inc. has a 52 week low of $234.91 and a 52 week high of $483.60.

Biglari (NYSE:BH) last announced its quarterly earnings results 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 for the quarter. Biglari had a negative net margin of 4.71% and a negative return on equity of 1.20%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BH. Russell Investments Group Ltd. increased its position in Biglari by 608.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 73 shares in the last quarter. Jones Financial Companies Lllp lifted 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 purchasing an additional 50 shares in the last quarter. CWM LLC grew its stake in shares of Biglari by 45.4% during the fourth quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock valued at $47,000 after purchasing an additional 44 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Biglari by 120.6% in the fourth quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock valued at $117,000 after purchasing an additional 193 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Biglari by 863.6% in the second quarter. BNP Paribas Financial Markets now owns 424 shares of the restaurant operator’s stock valued at $124,000 after purchasing an additional 380 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Ratings Changes

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

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.