Biglari (NYSE:BH) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Biglari Holdings Inc. (NYSE:BH)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $341.39 and traded as high as $415.10. Biglari shares last traded at $406.5850, with a volume of 82,552 shares trading hands.

Wall Street Analysts Forecast Growth

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

Biglari Price Performance

The company has a fifty day simple moving average of $378.84 and a 200 day simple moving average of $341.39. The stock has a market capitalization of $927.01 million, a price-to-earnings ratio of 36.33 and a beta of 0.81. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.80 and a current ratio of 2.83.

Insider Buying and Selling at Biglari

In other news, CEO Sardar Biglari bought 3,452 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was acquired at an average price of $463.34 per share, with a total value 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 approximately $618,889,261.42. This represents a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders have acquired 13,772 shares of company stock worth $5,050,068 in the last ninety days. Corporate insiders own 74.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BH. Peapod Lane Capital LLC grew its holdings in Biglari by 0.7% in the fourth quarter. Peapod Lane Capital LLC now owns 12,399 shares of the restaurant operator’s stock worth $4,122,000 after purchasing an additional 90 shares during the period. CWM LLC grew its stake in shares of Biglari by 45.4% in the 4th quarter. CWM LLC now owns 141 shares of the restaurant operator’s stock valued at $47,000 after buying an additional 44 shares during the period. State of Alaska Department of Revenue increased its position in Biglari by 120.6% in the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 193 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Biglari by 20.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock worth $10,569,000 after buying an additional 5,650 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Biglari by 7.1% in the third quarter. Alliancebernstein L.P. now owns 1,501 shares of the restaurant operator’s stock worth $486,000 after acquiring an additional 100 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

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.