Key Points
- Sardar Biglari bought 2,810 shares on March 13 at $302.20 each for a total of $849,182, raising his holdings to 1,345,430 shares valued at $406,588,946 (a 0.21% increase).
- He has been actively accumulating shares, purchasing nearly $5 million of Biglari stock across December and March (notable buys: $1.6M on Dec. 17, $1.0M on Mar. 9 and $750k on Mar. 6).
- Biglari Holdings trades near $300 with a market cap of $684.65M and reported a ($2.38) EPS last quarter, while the CEO’s stake is valued at roughly $406.6M.
Biglari Holdings Inc. (NYSE:BH - Get Free Report) CEO Sardar Biglari acquired 2,810 shares of the company's stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of $302.20 per share, with a total value of $849,182.00. Following the transaction, the chief executive officer owned 1,345,430 shares in the company, valued at $406,588,946. This represents a 0.21% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Sardar Biglari also recently made the following trade(s):
- On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The stock was purchased at an average price of $301.06 per share, for a total transaction of $999,519.20.
- On Friday, March 6th, Sardar Biglari bought 2,441 shares of Biglari stock. The stock was purchased at an average price of $307.20 per share, for a total transaction of $749,875.20.
- On Tuesday, March 3rd, Sardar Biglari purchased 1,146 shares of Biglari stock. The shares were purchased at an average cost of $331.15 per share, for a total transaction of $379,497.90.
- On Wednesday, December 17th, Sardar Biglari purchased 3,452 shares of Biglari stock. The shares were purchased at an average price 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 cost 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 shares were purchased at an average cost of $698.01 per share, for a total transaction of $147,978.12.
Biglari Stock Performance
Shares of BH opened at $300.29 on Friday. Biglari Holdings Inc. has a 1 year low of $195.05 and a 1 year high of $483.60. The company's 50 day simple moving average is $391.01 and its 200 day simple moving average is $351.00. The company has a market capitalization of $684.65 million, a price-to-earnings ratio of -2.09 and a beta of 0.81. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.40 and a current ratio of 2.43.
Biglari (NYSE:BH - Get Free Report) last released its earnings results on Saturday, February 28th. The restaurant operator reported ($2.38) EPS for the quarter. The firm had revenue of $99.87 million during the quarter. Biglari had a positive return on equity of 2.51% and a negative net margin of 9.48%.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Biglari from a "buy" rating to a "hold" rating in a research report on Saturday, November 15th.
Get Our Latest Analysis on BH
Institutional Investors Weigh In On Biglari
Several hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp purchased a new stake in Biglari in the first quarter valued at approximately $64,000. Empowered Funds LLC raised its stake in Biglari by 1.8% during the first quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator's stock worth $2,043,000 after purchasing an additional 165 shares during the period. Jane Street Group LLC acquired a new position in shares of Biglari in the 1st quarter valued at $257,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Biglari by 5.0% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,626 shares of the restaurant operator's stock valued at $3,689,000 after buying an additional 597 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey grew its stake 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 buying an additional 50 shares during the period. 74.30% of the stock is owned by institutional investors and hedge funds.
Biglari Company Profile
(
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.
Further Reading
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