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

Biglari Holdings Inc. (NYSE:BH)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $350.54 and traded as high as $391.93. Biglari shares last traded at $372.1570, with a volume of 238,324 shares traded.

Analysts Set New Price Targets

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

Biglari Price Performance

The company has a market cap of $852.24 million, a price-to-earnings ratio of -5.11 and a beta of 0.63. The company has a 50-day simple moving average of $348.61 and a 200-day simple moving average of $350.54. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47.

Biglari (NYSE:BH) last posted 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 business had revenue of $97.48 million during the quarter.

Insiders Place Their Bets

In other Biglari news, major shareholder Sardar Biglari sold 132,421 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $17.27, for a total value of $2,286,910.67. Following the completion of the transaction, the insider owned 3,644,979 shares in the company, valued at approximately $62,948,787.33. This represents a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last quarter, insiders acquired 54,952 shares of company stock worth $14,098,396 and sold 439,546 shares worth $7,418,740. 68.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Biglari

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. grew its stake in shares of 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 purchasing an additional 30,810 shares during the period. Bridgeway Capital Management LLC lifted its stake in shares of Biglari by 4.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 17,676 shares of the restaurant operator’s stock valued at $5,876,000 after purchasing an additional 732 shares during the period. Peapod Lane Capital LLC boosted its holdings in Biglari by 0.7% during the fourth quarter. Peapod Lane Capital LLC now owns 12,399 shares of the restaurant operator’s stock worth $4,122,000 after buying an additional 90 shares in the last quarter. Empowered Funds LLC boosted its holdings in Biglari by 8.0% during the fourth quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator’s stock worth $3,859,000 after buying an additional 863 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in Biglari by 162.8% during the third quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock worth $3,742,000 after buying an additional 7,163 shares during the period. 74.30% of the stock is owned by institutional investors and hedge funds.

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.