Sardar Biglari Sells 75,000 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) major shareholder Sardar Biglari sold 75,000 shares of Biglari stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $16.74, for a total transaction of $1,255,500.00. Following the transaction, the insider directly owned 3,560,454 shares in the company, valued at approximately $59,601,999.96. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• 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 value 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 value of $2,286,910.67.
• On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The shares were sold at an average price of $16.91, for a total value 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 value of $1,658,000.00.
• On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The stock was sold at an average price of $16.75, for a total value of $1,675,000.00.
• On Friday, June 5th, Sardar Biglari acquired 535 shares of Biglari stock. The shares were bought at an average price of $297.14 per share, with a total value of $158,969.90.
• On Thursday, June 4th, Sardar Biglari acquired 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 bought 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 bought 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.
• On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The stock was purchased at an average price of $249.84 per share, with a total value of $5,737,575.60.

Biglari Stock Performance

BH stock opened at $388.19 on Thursday. Biglari Holdings Inc. has a one year low of $234.91 and a one year high of $483.60. The firm has a market cap of $890.50 million, a price-to-earnings ratio of -5.33 and a beta of 0.63. 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 firm has a 50-day simple moving average of $330.82 and a two-hundred day simple moving average of $348.58.

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

Institutional Investors Weigh In On Biglari

Several institutional investors have recently added to or reduced their stakes in BH. Russell Investments Group Ltd. increased its holdings in shares of Biglari by 608.3% during the third 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 in the last quarter. CWM LLC boosted its stake in Biglari by 45.4% in the 4th quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock worth $47,000 after purchasing an additional 44 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in Biglari in the 1st quarter worth approximately $64,000. State of Alaska Department of Revenue grew its position in Biglari by 120.6% during the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 193 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in 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 purchasing an additional 380 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analysts Set New Price Targets

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

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.