Biglari (NYSE:BH) Sees Large Volume Increase – Should You Buy?

Biglari Holdings Inc. (NYSE:BH) saw an uptick in trading volume on Monday . Approximately 84,840 shares changed hands during mid-day trading, a decline of 5% from the previous session’s volume of 88,885 shares.The stock last traded at $374.75 and had previously closed at $384.19.

Analysts Set New Price Targets

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

Biglari Stock Performance

The firm has a 50 day moving average of $334.16 and a two-hundred day moving average of $349.05. The stock has a market cap of $847.29 million, a PE ratio of -5.08 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.47 and a quick ratio of 2.44.

Biglari (NYSE:BH) last announced its quarterly earnings results on Friday, May 8th. The restaurant operator reported ($55.81) EPS for the quarter. Biglari had a negative net margin of 4.71% and a negative return on equity of 1.20%. The company had revenue of $97.48 million during the quarter.

Insider Activity at Biglari

In related news, major shareholder Sardar Biglari sold 132,421 shares of Biglari stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $17.27, for a total transaction of $2,286,910.67. Following the sale, the insider directly owned 3,644,979 shares in the company, valued at $62,948,787.33. This trade represents a 3.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last quarter, insiders have acquired 54,952 shares of company stock valued at $14,098,396 and have sold 439,546 shares valued at $7,418,740. 68.53% of the stock is owned by company insiders.

Hedge Funds Weigh In On Biglari

Several large investors have recently bought and sold shares of the stock. CWM LLC raised its position in Biglari by 45.4% in 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 last quarter. Deutsche Bank AG grew its position in Biglari by 15.1% during 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 last quarter. Occudo Quantitative Strategies LP grew its position in Biglari by 6.9% during the 3rd quarter. Occudo Quantitative Strategies LP now owns 1,011 shares of the restaurant operator’s stock worth $327,000 after purchasing an additional 65 shares during the last quarter. Wells Fargo & Company MN increased its stake in Biglari by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 785 shares of the restaurant operator’s stock valued at $261,000 after purchasing an additional 68 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in 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 during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

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.