Biglari (NYSE:BH) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Biglari Holdings Inc. (NYSE:BH) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $315.42 and traded as high as $364.95. Biglari shares last traded at $356.2570, with a volume of 27,597 shares trading hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Biglari from a “buy” rating to a “hold” rating in a report on Saturday, November 15th.

Biglari Stock Performance

The stock has a market capitalization of $812.27 million, a P/E ratio of 31.84 and a beta of 0.82. The company has a current ratio of 2.83, a quick ratio of 2.80 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average price of $333.29 and a two-hundred day moving average price of $315.42.

Insider Activity

In related news, CEO Sardar Biglari acquired 3,452 shares of Biglari stock in a transaction dated Wednesday, December 17th. The stock was bought at an average price of $463.34 per share, with a total value of $1,599,449.68. Following the transaction, the chief executive officer directly owned 1,335,713 shares in the company, valued at $618,889,261.42. This represents a 0.26% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders purchased 13,772 shares of company stock worth $5,050,068. 71.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Biglari

A number of hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its position 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 worth $28,000 after purchasing an additional 73 shares during the period. Jones Financial Companies Lllp increased its stake in Biglari by 128.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 50 shares in the last quarter. CWM LLC raised its holdings in Biglari by 148.7% during the third quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after buying an additional 58 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of Biglari in the third quarter valued at $34,000. Finally, State of Alaska Department of Revenue bought a new position in shares of Biglari in the third quarter valued at $51,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Biglari Company Profile

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.