Biglari (NYSE:BH) Trading Down 6.3% – Time to Sell?

Posted by George Bondi on Jul 10th, 2026

Biglari Holdings Inc. (NYSE:BH – Get Free Report)’s share price fell 6.3% during mid-day trading on Friday . The company traded as low as $380.28 and last traded at $369.6830. 36,771 shares traded hands during trading, a decline of 59% from the average session volume of 89,471 shares. The stock had previously closed at $394.70.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on BH

Biglari Trading Down 5.5%

The stock has a market cap of $853.92 million, a PE ratio of -5.08 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 company’s 50-day moving average price is $324.11 and its 200 day moving average price is $347.92.

Biglari (NYSE:BH – Get Free Report) last posted its earnings results on Friday, May 8th. The restaurant operator reported ($55.81) EPS for the quarter. The company had revenue of $97.48 million during the quarter. Biglari had a negative net margin of 4.71% and a negative return on equity of 1.20%.

Insider Transactions at Biglari

In other news, major shareholder Sardar Biglari sold 9,525 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $16.92, for a total transaction of $161,163.00. Following the completion of the transaction, the insider directly owned 3,635,454 shares in the company, valued at $61,511,881.68. This trade represents a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders purchased 54,952 shares of company stock valued at $14,098,396 and sold 364,546 shares valued at $6,163,240. 68.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Biglari

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in Biglari by 20.9% during the third quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock worth $10,569,000 after purchasing an additional 5,650 shares during the period. SG Americas Securities LLC purchased a new position in shares of Biglari in the first quarter valued at approximately $500,000. American Century Companies Inc. acquired a new position in shares of Biglari in the second quarter valued at approximately $339,000. Occudo Quantitative Strategies LP grew its holdings in shares of Biglari by 6.9% in the third quarter. Occudo Quantitative Strategies LP now owns 1,011 shares of the restaurant operator’s stock valued at $327,000 after purchasing an additional 65 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Biglari by 9.5% during the 4th quarter. Wells Fargo & Company MN now owns 785 shares of the restaurant operator’s stock worth $261,000 after buying an additional 68 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Biglari Company Profile

(Get Free Report)

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.