Insider Buying: Biglari (NYSE:BH) CEO Buys $158,969.90 in Stock

Biglari Holdings Inc. (NYSE:BHGet Free Report) CEO Sardar Biglari acquired 535 shares of the stock in a transaction dated Friday, June 5th. The shares were bought at an average price of $297.14 per share, with a total value of $158,969.90. Following the completion of the purchase, the chief executive officer directly owned 1,400,382 shares of the company’s stock, valued at approximately $416,109,507.48. This trade represents a 0.04% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Thursday, June 4th, Sardar Biglari acquired 1,743 shares of Biglari stock. The shares were bought at an average price of $286.76 per share, with a total value of $499,822.68.
  • On Thursday, May 14th, Sardar Biglari acquired 14,351 shares of Biglari stock. The shares were bought at an average price of $258.06 per share, with a total value of $3,703,419.06.
  • On Wednesday, May 13th, Sardar Biglari bought 15,358 shares of Biglari stock. The shares were acquired at an average cost of $260.36 per share, with a total value of $3,998,608.88.
  • On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The shares were acquired at an average cost of $249.84 per share, with a total value of $5,737,575.60.
  • On Friday, March 13th, Sardar Biglari bought 2,810 shares of Biglari stock. The shares were acquired at an average cost of $302.20 per share, with a total value of $849,182.00.
  • On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The shares were acquired at an average cost of $301.06 per share, with a total value of $999,519.20.

Biglari Trading Down 0.1%

Shares of Biglari stock opened at $293.37 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.47 and a quick ratio of 2.44. The firm has a fifty day moving average price of $300.26 and a 200 day moving average price of $337.95. Biglari Holdings Inc. has a 1 year low of $234.91 and a 1 year high of $483.60. The stock has a market cap of $671.81 million, a PE ratio of -4.03 and a beta of 0.71.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BH. Invesco Ltd. increased its holdings in Biglari by 319.8% in the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock valued at $13,089,000 after buying an additional 30,810 shares in the last quarter. Two Sigma Investments LP increased its holdings in Biglari by 162.8% in the third quarter. Two Sigma Investments LP now owns 11,563 shares of the restaurant operator’s stock valued at $3,742,000 after buying an additional 7,163 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Biglari by 20.9% in the third quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock valued at $10,569,000 after buying an additional 5,650 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Biglari in the first quarter valued at $1,404,000. Finally, Man Group plc purchased a new position in Biglari in the second quarter valued at $872,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

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.

Get Our Latest Report on Biglari

About Biglari

(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.

Further Reading

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

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