Insider Selling: Biglari (NYSE:BH) Major Shareholder Sells $334,600.00 in Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 20,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $16.73, for a total value of $334,600.00. Following the completion of the transaction, the insider owned 106,422 shares of the company’s stock, valued at $1,780,440.06. This trade represents a 15.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 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 transaction 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 transaction 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.
• On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were sold at an average price of $16.75, for a total transaction of $1,675,000.00.

Biglari Trading Down 1.2%

Shares of BH stock opened at $385.42 on Friday. The company has a 50 day moving average of $368.80 and a 200-day moving average of $348.45. The company has a quick ratio of 2.44, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. Biglari Holdings Inc. has a 12-month low of $234.91 and a 12-month high of $483.60. The firm has a market cap of $882.61 million, a P/E ratio of -5.29 and a beta of 0.63.

Biglari (NYSE:BH) last posted its quarterly earnings results on Friday, August 7th. The restaurant operator reported $158.17 EPS for the quarter. Biglari had a negative net margin of 4.71% and a negative return on equity of 1.20%.

Institutional Investors Weigh In On Biglari

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. grew its position in shares of Biglari by 608.3% in the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. CWM LLC raised its stake in shares of Biglari by 45.4% during the 4th 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 period. Jones Financial Companies Lllp purchased a new stake in Biglari during the 1st quarter worth about $64,000. State of Alaska Department of Revenue lifted its holdings in Biglari by 120.6% during the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 193 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Biglari by 15.1% in the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator’s stock worth $139,000 after purchasing an additional 55 shares during the period. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised 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.