Insider Buying: Biglari (NYSE:BH) CEO Purchases $749,875.20 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari acquired 2,441 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $307.20 per share, with a total value of $749,875.20. Following the purchase, the chief executive officer owned 1,339,300 shares in the company, valued at $411,432,960. This represents a 0.18% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Tuesday, March 3rd, Sardar Biglari acquired 1,146 shares of Biglari stock. The stock was acquired at an average price of $331.15 per share, with a total value of $379,497.90.
• On Wednesday, December 17th, Sardar Biglari bought 3,452 shares of Biglari stock. The stock was acquired at an average cost of $463.34 per share, for a total transaction of $1,599,449.68.
• On Tuesday, December 16th, Sardar Biglari bought 156 shares of Biglari stock. The shares were bought at an average price of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari purchased 212 shares of Biglari stock. The stock was bought at an average price of $698.01 per share, with a total value of $147,978.12.
• On Friday, December 12th, Sardar Biglari purchased 449 shares of Biglari stock. The stock was bought at an average cost of $333.14 per share, with a total value of $149,579.86.
• On Wednesday, December 10th, Sardar Biglari purchased 310 shares of Biglari stock. The stock was bought at an average cost of $321.94 per share, with a total value of $99,801.40.
• On Tuesday, December 9th, Sardar Biglari acquired 938 shares of Biglari stock. The shares were bought at an average price of $319.08 per share, for a total transaction of $299,297.04.
• On Monday, December 8th, Sardar Biglari acquired 973 shares of Biglari stock. The shares were bought at an average cost of $315.08 per share, for a total transaction of $306,572.84.

Biglari Stock Down 11.3%

Shares of NYSE:BH opened at $304.35 on Monday. The company has a quick ratio of 2.40, a current ratio of 2.43 and a debt-to-equity ratio of 0.60. The business has a fifty day moving average of $393.91 and a two-hundred day moving average of $351.36. The stock has a market cap of $692.70 million, a P/E ratio of -2.12 and a beta of 0.81. Biglari Holdings Inc. has a 52-week low of $195.05 and a 52-week high of $483.60.

Biglari (NYSE:BH) last issued its earnings results on Saturday, February 28th. The restaurant operator reported ($2.38) earnings per share (EPS) for the quarter. Biglari had a positive return on equity of 2.51% and a negative net margin of 9.48%.The company had revenue of $99.87 million during the quarter.

Institutional Investors Weigh In On Biglari

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp acquired a new position in shares of Biglari in the 1st quarter valued at $64,000. Empowered Funds LLC increased its position in shares of Biglari by 1.8% during the 1st quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator’s stock worth $2,043,000 after purchasing an additional 165 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Biglari during the 1st quarter worth about $257,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Biglari by 5.0% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,626 shares of the restaurant operator’s stock valued at $3,689,000 after buying an additional 597 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey lifted its position 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 buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

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

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.