Insider Selling: Biglari (NYSE:BH) Major Shareholder Sells $183,810.00 in Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 11,000 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $16.71, for a total transaction of $183,810.00. Following the transaction, the insider owned 3,538,961 shares in the company, valued at approximately $59,136,038.31. This trade represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• 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.
• On Friday, June 5th, Sardar Biglari bought 535 shares of Biglari stock. The shares were acquired at an average price of $297.14 per share, with a total value of $158,969.90.
• On Thursday, June 4th, Sardar Biglari purchased 1,743 shares of Biglari stock. The shares were bought at an average cost of $286.76 per share, for a total transaction of $499,822.68.
• On Thursday, May 14th, Sardar Biglari purchased 14,351 shares of Biglari stock. The stock was bought at an average price 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 price of $260.36 per share, for a total transaction of $3,998,608.88.

Biglari Stock Up 4.2%

Biglari stock opened at $398.46 on Friday. Biglari Holdings Inc. has a twelve month low of $234.91 and a twelve month high of $483.60. The stock has a 50 day moving average of $355.42 and a two-hundred day moving average of $350.11. The company has a current ratio of 2.47, a quick ratio of 2.44 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $912.47 million, a price-to-earnings ratio of -5.47 and a beta of 0.63.

Biglari (NYSE:BH) last announced its earnings results on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share 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.

Analyst Ratings Changes

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

Institutional Trading of Biglari

A number of institutional investors have recently modified their holdings of BH. Russell Investments Group Ltd. grew its holdings in 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 acquiring an additional 73 shares during the period. CWM LLC lifted its holdings in 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 acquiring an additional 44 shares during the period. Jones Financial Companies Lllp acquired a new stake in Biglari in the first quarter valued at $64,000. State of Alaska Department of Revenue lifted its holdings in 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 acquiring an additional 193 shares during the period. Finally, BNP Paribas Financial Markets boosted its position 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 worth $124,000 after purchasing an additional 380 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

About Biglari

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.