Key Points
- Biglari CEO Sardar Biglari bought 14,351 shares on May 14 at an average price of $258.06, a transaction worth about $3.7 million. After the purchase, he owned 1,398,104 shares valued at roughly $360.8 million.
- The insider buying has been ongoing for several days, with Biglari making additional share purchases on May 12 and May 13, plus multiple buys in March.
- Biglari stock recently traded around $257.88, well below its 50-day and 200-day moving averages, while Wall Street Zen lowered its rating on the stock from hold to sell.
Biglari Holdings Inc. (NYSE:BH - Get Free Report) CEO Sardar Biglari purchased 14,351 shares of the business's stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average price of $258.06 per share, with a total value of $3,703,419.06. Following the completion of the purchase, the chief executive officer owned 1,398,104 shares of the company's stock, valued at $360,794,718.24. This trade represents a 1.04% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Sardar Biglari also recently made the following trade(s):
- On Wednesday, May 13th, Sardar Biglari purchased 15,358 shares of Biglari stock. The stock was bought at an average price of $260.36 per share, with a total value of $3,998,608.88.
- On Tuesday, May 12th, Sardar Biglari bought 22,965 shares of Biglari stock. The shares were acquired at an average price of $249.84 per share, with a total value of $5,737,575.60.
- On Friday, March 13th, Sardar Biglari bought 2,810 shares of Biglari stock. The shares were acquired at an average price of $302.20 per share, with a total value of $849,182.00.
- On Monday, March 9th, Sardar Biglari bought 3,320 shares of Biglari stock. The shares were acquired at an average price of $301.06 per share, with a total value of $999,519.20.
- On Friday, March 6th, Sardar Biglari bought 2,441 shares of Biglari stock. The shares were acquired at an average price of $307.20 per share, with a total value of $749,875.20.
- On Tuesday, March 3rd, Sardar Biglari bought 1,146 shares of Biglari stock. The shares were acquired at an average price of $331.15 per share, with a total value of $379,497.90.
Biglari Stock Up 1.8%
NYSE BH opened at $257.88 on Friday. The business has a fifty day moving average price of $310.40 and a two-hundred day moving average price of $345.40. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.47 and a quick ratio of 2.40. Biglari Holdings Inc. has a fifty-two week low of $230.12 and a fifty-two week high of $483.60. The stock has a market capitalization of $590.55 million, a PE ratio of -3.54 and a beta of 0.75.
Biglari (NYSE:BH - Get Free Report) last released its earnings results on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share for the quarter. Biglari had a negative return on equity of 1.20% and a negative net margin of 4.71%.The business had revenue of $97.48 million for the quarter.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of Biglari by 20.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator's stock valued at $10,569,000 after acquiring an additional 5,650 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Biglari in the 1st quarter valued at $1,404,000. Strs Ohio lifted its stake in shares of Biglari by 5.6% in the 1st quarter. Strs Ohio now owns 1,900 shares of the restaurant operator's stock valued at $626,000 after acquiring an additional 100 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Biglari in the 1st quarter valued at $500,000. Finally, Saber Capital Managment LLC bought a new position in shares of Biglari in the 4th quarter valued at $404,000. 74.30% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, Wall Street Zen cut Biglari from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th.
Get Our Latest Analysis on BH
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.
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