Key Points
- CEO Sardar Biglari purchased 3,320 shares on March 9 at an average price of $301.06 (≈$999,519), raising his direct holdings to 1,342,620 shares valued at about $404.2M (a 0.25% increase).
- The March 9 trade is part of a recent pattern of insider purchases by Biglari (multiple buys in December and March), signaling continued accumulation by the CEO.
- Biglari reported a ($2.38) EPS for the quarter with a negative net margin of 9.48%; the stock trades near $305 with a market cap of ≈$695M and was recently downgraded by Wall Street Zen from "buy" to "hold."
Biglari Holdings Inc. (NYSE:BH - Get Free Report) CEO Sardar Biglari bought 3,320 shares of the company's stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average price of $301.06 per share, for a total transaction of $999,519.20. Following the acquisition, the chief executive officer directly owned 1,342,620 shares in the company, valued at approximately $404,209,177.20. This trade represents a 0.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Sardar Biglari also recently made the following trade(s):
- On Friday, March 6th, Sardar Biglari bought 2,441 shares of Biglari stock. The stock was acquired at an average cost of $307.20 per share, for a total transaction of $749,875.20.
- On Tuesday, March 3rd, Sardar Biglari acquired 1,146 shares of Biglari stock. The stock was bought at an average price of $331.15 per share, for a total transaction of $379,497.90.
- On Wednesday, December 17th, Sardar Biglari acquired 3,452 shares of Biglari stock. The shares were bought 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 bought 212 shares of Biglari stock. The stock was purchased at an average cost of $698.01 per share, with a total value 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 bought 310 shares of Biglari stock. The stock was acquired at an average cost of $321.94 per share, for a total transaction of $99,801.40.
- On Tuesday, December 9th, Sardar Biglari purchased 938 shares of Biglari stock. The shares were acquired at an average price of $319.08 per share, with a total value of $299,297.04.
Biglari Stock Up 0.1%
NYSE BH opened at $304.90 on Tuesday. Biglari Holdings Inc. has a 1-year low of $195.05 and a 1-year high of $483.60. The company has a market capitalization of $695.17 million, a price-to-earnings ratio of -2.13 and a beta of 0.81. The stock's 50 day moving average is $392.99 and its two-hundred day moving average is $351.44. The company has a current ratio of 2.43, a quick ratio of 2.40 and a debt-to-equity ratio of 0.60.
Biglari (NYSE:BH - Get Free Report) last posted its earnings results on Saturday, February 28th. The restaurant operator reported ($2.38) EPS for the quarter. Biglari had a positive return on equity of 2.51% and a negative net margin of 9.48%.The company had revenue of $99.87 million for the quarter.
Analyst Ratings Changes
Separately, Wall Street Zen cut shares of Biglari from a "buy" rating to a "hold" rating in a research report on Saturday, November 15th.
Check Out Our Latest Report on Biglari
Institutional Trading of Biglari
Large investors have recently made changes to their positions in the business. Empowered Funds LLC raised its holdings in shares of Biglari by 8.0% in the fourth quarter. Empowered Funds LLC now owns 11,607 shares of the restaurant operator's stock valued at $3,859,000 after buying an additional 863 shares during the last quarter. Susquehanna Portfolio Strategies LLC acquired a new stake in Biglari in the 4th quarter valued at about $548,000. Polymer Capital Management US LLC bought a new position in shares of Biglari in the fourth quarter worth about $389,000. Quadrature Capital Ltd lifted its position in shares of Biglari by 184.5% during the fourth quarter. Quadrature Capital Ltd now owns 1,593 shares of the restaurant operator's stock worth $530,000 after purchasing an additional 1,033 shares in the last quarter. Finally, Occudo Quantitative Strategies LP grew its stake in shares of Biglari by 135.5% during the fourth quarter. Occudo Quantitative Strategies LP now owns 2,381 shares of the restaurant operator's stock valued at $792,000 after purchasing an additional 1,370 shares during the last quarter. Institutional investors own 74.30% of the company's stock.
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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