Biglari (NYSE:BH) Stock Passes Above 200 Day Moving Average – Should You Sell?

Biglari Holdings Inc. (NYSE:BH) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $337.65 and traded as high as $395.67. Biglari shares last traded at $390.31, with a volume of 112,278 shares.

Analyst Upgrades and Downgrades

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

Biglari Trading Up 4.1%

The firm has a 50 day simple moving average of $366.09 and a 200 day simple moving average of $337.65. 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 firm has a market capitalization of $888.35 million, a PE ratio of 34.88 and a beta of 0.81.

Insider Activity

In related news, CEO Sardar Biglari purchased 3,452 shares of Biglari stock in a transaction dated Wednesday, December 17th. The stock was purchased at an average cost of $463.34 per share, for a total transaction of $1,599,449.68. Following the completion of the purchase, the chief executive officer directly owned 1,335,713 shares of the company’s stock, valued at $618,889,261.42. The trade was a 0.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have bought 13,772 shares of company stock worth $5,050,068. Company insiders own 71.40% of the company’s stock.

Institutional Investors Weigh In On Biglari

Hedge funds and other institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its holdings in shares of Biglari by 608.3% in the third quarter. Russell Investments Group Ltd. now owns 85 shares of the restaurant operator’s stock worth $28,000 after buying an additional 73 shares during the last quarter. Jones Financial Companies Lllp raised its position in Biglari by 128.2% in the third quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 50 shares during the period. CWM LLC raised its position in Biglari by 148.7% in the third quarter. CWM LLC now owns 97 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 58 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Biglari during the 3rd quarter worth $34,000. Finally, Police & Firemen s Retirement System of New Jersey grew its position in shares of Biglari by 41.3% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 171 shares of the restaurant operator’s stock valued at $50,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

About Biglari

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.