Biglari (NYSE:BH) Major Shareholder Sells $110,469.81 in Stock

Biglari Holdings Inc. (NYSE:BHGet Free Report) major shareholder Sardar Biglari sold 6,611 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $16.71, for a total value of $110,469.81. Following the transaction, the insider owned 116,695 shares in the company, valued at approximately $1,949,973.45. The trade was a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, July 30th, Sardar Biglari sold 546 shares of Biglari stock. The shares were sold at an average price of $16.70, for a total value of $9,118.20.
  • On Friday, July 17th, Sardar Biglari sold 11,000 shares of Biglari stock. The shares were sold at an average price of $16.71, for a total value of $183,810.00.
  • On Monday, July 13th, Sardar Biglari sold 75,000 shares of Biglari stock. The stock was sold at an average price of $16.74, for a total transaction of $1,255,500.00.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $1,658,000.00.
  • On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were sold at an average price of $16.75, for a total transaction of $1,675,000.00.
  • On Friday, June 5th, Sardar Biglari purchased 535 shares of Biglari stock. The stock was purchased at an average cost of $297.14 per share, for a total transaction of $158,969.90.
  • On Thursday, June 4th, Sardar Biglari purchased 1,743 shares of Biglari stock. The stock was purchased at an average cost of $286.76 per share, for a total transaction of $499,822.68.

Biglari Price Performance

BH stock opened at $395.58 on Monday. The stock has a market capitalization of $905.89 million, a price-to-earnings ratio of -5.43 and a beta of 0.64. The firm’s 50-day moving average price is $357.81 and its two-hundred day moving average price is $349.86. The company has a current ratio of 2.47, a quick ratio of 2.44 and a debt-to-equity ratio of 0.61. Biglari Holdings Inc. has a 12-month low of $234.91 and a 12-month high of $483.60.

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

Institutional Investors Weigh In On Biglari

Large investors have recently modified their holdings of the stock. Invesco Ltd. raised its stake in Biglari by 319.8% in the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after buying an additional 30,810 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in Biglari by 4.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 17,676 shares of the restaurant operator’s stock worth $5,876,000 after buying an additional 732 shares during the period. Peapod Lane Capital LLC boosted its position in Biglari by 0.7% during the 4th quarter. Peapod Lane Capital LLC now owns 12,399 shares of the restaurant operator’s stock valued at $4,122,000 after acquiring an additional 90 shares in the last quarter. Empowered Funds LLC boosted its position in Biglari by 8.0% during the 4th quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator’s stock valued at $3,859,000 after acquiring an additional 863 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Biglari by 162.8% during the 3rd quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock worth $3,742,000 after acquiring an additional 7,163 shares during the period. Institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

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

View Our Latest Analysis on BH

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.

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Insider Buying and Selling by Quarter for Biglari (NYSE:BH)

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