Biglari (NYSE:BH) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Biglari Holdings Inc. (NYSE:BH) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $315.42 and traded as high as $364.95. Biglari shares last traded at $356.2570, with a volume of 27,597 shares trading hands.

Analyst Upgrades and Downgrades

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

Biglari Price Performance

The company has a market cap of $812.27 million, a P/E ratio of 31.84 and a beta of 0.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.80 and a current ratio of 2.83. The firm has a 50 day moving average price of $333.29 and a two-hundred day moving average price of $315.42.

Insiders Place Their Bets

In other Biglari news, CEO Sardar Biglari bought 3,452 shares of the stock in a transaction on Wednesday, December 17th. The shares were acquired at an average price of $463.34 per share, with a total value of $1,599,449.68. Following the acquisition, the chief executive officer directly owned 1,335,713 shares of the company’s stock, valued at $618,889,261.42. The trade was a 0.26% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have purchased 13,772 shares of company stock valued at $5,050,068. 71.40% of the stock is currently owned by insiders.

Institutional Trading of Biglari

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. increased its holdings in Biglari by 319.8% during the 3rd quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after acquiring an additional 30,810 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Biglari by 20.9% during the third quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock valued at $10,569,000 after buying an additional 5,650 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of Biglari by 4.1% in the third quarter. Bridgeway Capital Management LLC now owns 16,944 shares of the restaurant operator’s stock worth $5,484,000 after buying an additional 666 shares during the period. Peapod Lane Capital LLC lifted its stake in shares of Biglari by 0.3% in the 2nd quarter. Peapod Lane Capital LLC now owns 13,876 shares of the restaurant operator’s stock valued at $4,055,000 after acquiring an additional 47 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Biglari by 5.0% during 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 acquiring an additional 597 shares during the period. 74.30% of the stock is currently owned by institutional investors.

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.