Key Points
- Sardar Biglari purchased 1,146 shares of Biglari (NYSE:BH) on March 3 at an average price of $331.15 ($379,497.90), raising his direct stake to 1,336,859 shares valued at about $442.7 million (a 0.09% increase); the trade was disclosed in an SEC filing.
- The buy continues a string of recent insider purchases (multiple trades in December totaling several thousand shares), while Biglari recently reported a quarterly EPS loss of ($2.38) on $99.87 million in revenue and currently has a market cap of roughly $758 million.
Biglari Holdings Inc. (NYSE:BH - Get Free Report) CEO Sardar Biglari bought 1,146 shares of Biglari stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average price of $331.15 per share, with a total value of $379,497.90. Following the purchase, the chief executive officer directly owned 1,336,859 shares in the company, valued at approximately $442,700,857.85. This trade represents a 0.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Sardar Biglari also recently made the following trade(s):
- On Wednesday, December 17th, Sardar Biglari purchased 3,452 shares of Biglari stock. The shares were purchased at an average cost of $463.34 per share, with a total value of $1,599,449.68.
- On Tuesday, December 16th, Sardar Biglari acquired 156 shares of Biglari stock. The stock was purchased at an average price of $1,599.87 per share, with a total value of $249,579.72.
- On Monday, December 15th, Sardar Biglari acquired 212 shares of Biglari stock. The stock was acquired at an average cost of $698.01 per share, for a total transaction of $147,978.12.
- On Friday, December 12th, Sardar Biglari bought 449 shares of Biglari stock. The shares were acquired at an average price of $333.14 per share, for a total transaction of $149,579.86.
- On Wednesday, December 10th, Sardar Biglari purchased 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 purchased 938 shares of Biglari stock. The stock was acquired at an average price of $319.08 per share, for a total transaction of $299,297.04.
- On Monday, December 8th, Sardar Biglari acquired 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.
- On Friday, December 5th, Sardar Biglari bought 1,465 shares of Biglari stock. The stock was acquired at an average cost of $306.90 per share, with a total value of $449,608.50.
- On Thursday, December 4th, Sardar Biglari purchased 1,139 shares of Biglari stock. The shares were bought at an average cost of $306.05 per share, for a total transaction of $348,590.95.
- On Wednesday, December 3rd, Sardar Biglari acquired 2,802 shares of Biglari stock. The shares were bought at an average cost of $303.32 per share, for a total transaction of $849,902.64.
Biglari Trading Down 1.1%
Shares of BH opened at $332.54 on Wednesday. Biglari Holdings Inc. has a twelve month low of $195.05 and a twelve month high of $483.60. 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 $758.19 million, a P/E ratio of -2.32 and a beta of 0.81. The firm's 50-day moving average is $395.70 and its two-hundred day moving average is $350.80.
Biglari (NYSE:BH - Get Free Report) last posted its quarterly earnings results on Saturday, February 28th. The restaurant operator reported ($2.38) earnings per share (EPS) for the quarter. The company had revenue of $99.87 million for the quarter. Biglari had a negative net margin of 9.48% and a positive return on equity of 2.46%.
Hedge Funds Weigh In On Biglari
Several hedge funds have recently bought and sold shares of BH. Russell Investments Group Ltd. raised 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 acquiring an additional 73 shares during the last quarter. Jones Financial Companies Lllp increased its position in Biglari by 128.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 89 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 50 shares in the last quarter. CWM LLC increased its position in Biglari by 148.7% during the 3rd quarter. CWM LLC now owns 97 shares of the restaurant operator's stock worth $31,000 after purchasing an additional 58 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Biglari in the 3rd quarter valued at about $34,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its holdings in Biglari by 41.3% in 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 purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.
Analyst Ratings Changes
Separately, Wall Street Zen cut Biglari from a "buy" rating to a "hold" rating in a research report on Saturday, November 15th.
View Our Latest Analysis on Biglari
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.
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