Insider Buying: Biglari (NYSE:BH) CEO Buys $499,822.68 in Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari purchased 1,743 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were purchased at an average price of $286.76 per share, with a total value of $499,822.68. Following the purchase, the chief executive officer directly owned 1,399,847 shares in the company, valued at $401,420,125.72. This trade represents a 0.12% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, June 5th, Sardar Biglari purchased 535 shares of Biglari stock. The shares were purchased at an average price of $297.14 per share, with a total value of $158,969.90.
• On Thursday, May 14th, Sardar Biglari purchased 14,351 shares of Biglari stock. The shares were purchased at an average price of $258.06 per share, with a total value of $3,703,419.06.
• On Wednesday, May 13th, Sardar Biglari purchased 15,358 shares of Biglari stock. The shares were purchased at an average price of $260.36 per share, with a total value of $3,998,608.88.
• On Tuesday, May 12th, Sardar Biglari purchased 22,965 shares of Biglari stock. The shares were purchased at an average price of $249.84 per share, with a total value of $5,737,575.60.
• On Friday, March 13th, Sardar Biglari purchased 2,810 shares of Biglari stock. The shares were purchased at an average price of $302.20 per share, with a total value of $849,182.00.
• On Monday, March 9th, Sardar Biglari purchased 3,320 shares of Biglari stock. The shares were purchased at an average price of $301.06 per share, with a total value of $999,519.20.

Biglari Stock Down 0.1%

BH stock opened at $293.37 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47. The company has a market capitalization of $671.81 million, a price-to-earnings ratio of -4.03 and a beta of 0.71. Biglari Holdings Inc. has a fifty-two week low of $234.91 and a fifty-two week high of $483.60. The stock has a fifty day moving average of $300.26 and a 200-day moving average of $337.95.

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

Analyst Upgrades and Downgrades

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

Institutional Trading of Biglari

A number of large investors have recently modified their holdings of BH. Russell Investments Group Ltd. boosted its position in shares of 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 acquiring an additional 73 shares during the last quarter. Jones Financial Companies Lllp boosted 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 acquiring an additional 50 shares during the last quarter. CWM LLC boosted its position in shares of Biglari by 45.4% during the 4th 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 last quarter. State of Alaska Department of Revenue boosted its position in shares of Biglari by 120.6% during the 4th 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 last quarter. 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 valued at $124,000 after acquiring an additional 380 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

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.