Sardar Biglari Acquires 2,810 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 2,810 shares of the company’s stock in a transaction on Friday, March 13th. The stock was bought at an average cost of $302.20 per share, for a total transaction of $849,182.00. Following the completion of the transaction, the chief executive officer directly owned 1,345,430 shares of the company’s stock, valued at $406,588,946. This trade represents a 0.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The stock was bought at an average price of $301.06 per share, for a total transaction of $999,519.20.
• On Friday, March 6th, Sardar Biglari purchased 2,441 shares of Biglari stock. The shares were purchased at an average cost of $307.20 per share, with a total value of $749,875.20.
• On Tuesday, March 3rd, Sardar Biglari purchased 1,146 shares of Biglari stock. The shares were purchased at an average price of $331.15 per share, with a total value of $379,497.90.
• On Wednesday, December 17th, Sardar Biglari acquired 3,452 shares of Biglari stock. The stock was purchased at an average cost of $463.34 per share, for a total transaction of $1,599,449.68.
• On Tuesday, December 16th, Sardar Biglari acquired 156 shares of Biglari stock. The stock was purchased at an average price of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari bought 212 shares of Biglari stock. The shares were purchased at an average cost of $698.01 per share, with a total value of $147,978.12.

Biglari Price Performance

NYSE BH opened at $300.29 on Friday. The company has a 50-day moving average price of $391.01 and a two-hundred day moving average price of $351.29. Biglari Holdings Inc. has a 52 week low of $195.05 and a 52 week high of $483.60. The stock has a market cap of $684.65 million, a price-to-earnings ratio of -2.09 and a beta of 0.81. The company has a current ratio of 2.43, a quick ratio of 2.40 and a debt-to-equity ratio of 0.60.

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

Hedge Funds Weigh In On Biglari

Large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. boosted its stake in Biglari by 608.3% during the 3rd 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. Jones Financial Companies Lllp increased its position in shares of Biglari by 128.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 50 shares during the period. CWM LLC raised its stake in shares of Biglari by 148.7% in the 3rd quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after buying an additional 58 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Biglari in the third quarter valued at $34,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of 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 period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

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

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.