Sardar Biglari Purchases 2,441 Shares of Biglari (NYSE:BH) Stock

Biglari Holdings Inc. (NYSE:BH) CEO Sardar Biglari bought 2,441 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average cost of $307.20 per share, with a total value of $749,875.20. Following the transaction, the chief executive officer directly owned 1,339,300 shares of the company’s stock, valued at $411,432,960. The trade was a 0.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, March 3rd, Sardar Biglari bought 1,146 shares of Biglari stock. The stock was purchased at an average price of $331.15 per share, with a total value of $379,497.90.
• On Wednesday, December 17th, Sardar Biglari purchased 3,452 shares of Biglari stock. The stock was purchased at an average cost of $463.34 per share, for a total transaction of $1,599,449.68.
• On Tuesday, December 16th, Sardar Biglari purchased 156 shares of Biglari stock. The shares were acquired at an average cost of $1,599.87 per share, for a total transaction of $249,579.72.
• On Monday, December 15th, Sardar Biglari acquired 212 shares of Biglari stock. The shares were acquired at an average price of $698.01 per share, with a total value of $147,978.12.
• On Friday, December 12th, Sardar Biglari acquired 449 shares of Biglari stock. The shares were acquired at an average price of $333.14 per share, with a total value of $149,579.86.
• On Wednesday, December 10th, Sardar Biglari acquired 310 shares of Biglari stock. The stock was acquired at an average cost of $321.94 per share, with a total value of $99,801.40.
• On Tuesday, December 9th, Sardar Biglari bought 938 shares of Biglari stock. The shares were acquired at an average price of $319.08 per share, for a total transaction of $299,297.04.
• On Monday, December 8th, Sardar Biglari bought 973 shares of Biglari stock. The shares were acquired at an average cost of $315.08 per share, for a total transaction of $306,572.84.

Biglari Trading Down 11.3%

Biglari stock opened at $304.35 on Friday. The stock has a 50-day moving average of $393.91 and a two-hundred day moving average of $351.02. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.80 and a current ratio of 2.43. Biglari Holdings Inc. has a one year low of $195.05 and a one year high of $483.60. The stock has a market cap of $693.92 million, a PE ratio of -2.12 and a beta of 0.81.

Biglari (NYSE:BH) last issued its quarterly earnings results on Saturday, February 28th. The restaurant operator reported ($2.38) earnings per share for the quarter. Biglari had a positive return on equity of 2.51% and a negative net margin of 9.48%.The business had revenue of $99.87 million during the quarter.

Hedge Funds Weigh In On Biglari

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BH. Invesco Ltd. lifted its position in Biglari by 319.8% during the 3rd quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator’s stock worth $13,089,000 after acquiring an additional 30,810 shares during the period. Two Sigma Investments LP increased its holdings in shares of 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 purchasing an additional 7,163 shares during the period. Pacer Advisors Inc. purchased a new position in shares of Biglari in the third quarter worth about $2,094,000. JPMorgan Chase & Co. raised its stake in shares of Biglari by 20.9% in the third quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator’s stock worth $10,569,000 after purchasing an additional 5,650 shares during the last quarter. Finally, Man Group plc acquired a new stake in shares of Biglari during the second quarter worth about $872,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.