Biglari (NYSE:BH) Major Shareholder Sardar Biglari Sells 11,000 Shares of Stock

Posted by Brian Himes on Jul 29th, 2026

Biglari Holdings Inc. (NYSE:BH – Get Free Report) major shareholder Sardar Biglari sold 11,000 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $16.71, for a total value of $183,810.00. Following the completion of the sale, the insider directly owned 3,538,961 shares in the company, valued at approximately $59,136,038.31. The trade was a 0.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 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 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 value of $1,255,500.00.
On Thursday, July 2nd, Sardar Biglari sold 9,525 shares of Biglari stock. The shares were 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 shares were 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 stock was 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 stock was 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 shares were sold at an average price of $16.75, for a total value of $1,675,000.00.
On Friday, June 5th, Sardar Biglari bought 535 shares of Biglari stock. The stock was purchased at an average cost of $297.14 per share, with a total value of $158,969.90.
On Thursday, June 4th, Sardar Biglari purchased 1,743 shares of Biglari stock. The shares were acquired at an average price of $286.76 per share, for a total transaction of $499,822.68.
On Thursday, May 14th, Sardar Biglari purchased 14,351 shares of Biglari stock. The shares were acquired at an average price of $258.06 per share, for a total transaction of $3,703,419.06.
On Wednesday, May 13th, Sardar Biglari purchased 15,358 shares of Biglari stock. The shares were acquired at an average cost of $260.36 per share, for a total transaction of $3,998,608.88.

Biglari Trading Up 0.4%

NYSE BH opened at $374.83 on Wednesday. The firm has a 50 day simple moving average of $350.66 and a 200-day simple moving average of $350.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47. 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 $858.36 million, a price-to-earnings ratio of -5.15 and a beta of 0.63.

Biglari (NYSE:BH – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share for the quarter. The business 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%.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on BH

Institutional Investors Weigh In On Biglari

A number of large investors have recently modified their holdings of the company. Y Intercept Hong Kong Ltd purchased a new stake in shares of Biglari during the 1st quarter worth $1,404,000. SG Americas Securities LLC purchased a new position in Biglari in the first quarter valued at $500,000. Hsbc Holdings PLC acquired a new stake in Biglari in the fourth quarter valued at $498,000. Strs Ohio raised its stake in Biglari by 5.6% in the first quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock valued at $626,000 after buying an additional 100 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Biglari in the third quarter valued at $206,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

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.