Biglari Holdings Inc. (NYSE:BH - Get Free Report) major shareholder Sardar Biglari sold 9,525 shares of the business's stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $16.92, for a total transaction of $161,163.00. Following the transaction, the insider owned 3,635,454 shares in the company, valued at $61,511,881.68. The trade was a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Sardar Biglari also recently made the following trade(s):
- On Wednesday, July 1st, Sardar Biglari sold 132,421 shares of Biglari stock. The shares were sold at an average price of $17.27, for a total transaction of $2,286,910.67.
- On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The shares were sold at an average price of $16.91, for a total transaction of $382,166.00.
- On Monday, June 29th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were sold at an average price of $16.58, for a total value of $1,658,000.00.
- On Friday, June 26th, Sardar Biglari sold 100,000 shares of Biglari stock. The shares were sold at an average price of $16.75, for a total value of $1,675,000.00.
- On Friday, June 5th, Sardar Biglari acquired 535 shares of Biglari stock. The shares were bought at an average price of $297.14 per share, for a total transaction of $158,969.90.
- On Thursday, June 4th, Sardar Biglari acquired 1,743 shares of Biglari stock. The shares were bought at an average cost of $286.76 per share, for a total transaction of $499,822.68.
- On Thursday, May 14th, Sardar Biglari bought 14,351 shares of Biglari stock. The stock was bought at an average price of $258.06 per share, with a total value of $3,703,419.06.
- On Wednesday, May 13th, Sardar Biglari bought 15,358 shares of Biglari stock. The stock was bought at an average cost of $260.36 per share, with a total value of $3,998,608.88.
- On Tuesday, May 12th, Sardar Biglari purchased 22,965 shares of Biglari stock. The shares were bought at an average price of $249.84 per share, for a total transaction of $5,737,575.60.
Biglari Trading Up 1.0%
Shares of BH stock opened at $425.07 on Tuesday. The company's 50-day moving average price is $318.47 and its 200-day moving average price is $346.53. The company has a current ratio of 2.47, a quick ratio of 2.44 and a debt-to-equity ratio of 0.61. The stock has a market cap of $973.41 million, a price-to-earnings ratio of -5.84 and a beta of 0.63. Biglari Holdings Inc. has a twelve month low of $234.91 and a twelve month high of $483.60.
Biglari (NYSE:BH - Get Free Report) last released its quarterly earnings data on Friday, May 8th. The restaurant operator reported ($55.81) earnings per share (EPS) for the quarter. Biglari had a negative return on equity of 1.20% and a negative net margin of 4.71%.The firm had revenue of $97.48 million for the quarter.
Institutional Trading of Biglari
A number of institutional investors and hedge funds have recently bought and sold shares of BH. Invesco Ltd. boosted its stake in shares of Biglari by 319.8% in the third quarter. Invesco Ltd. now owns 40,443 shares of the restaurant operator's stock valued at $13,089,000 after purchasing an additional 30,810 shares during the period. JPMorgan Chase & Co. increased its stake in Biglari by 20.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 32,656 shares of the restaurant operator's stock worth $10,569,000 after buying an additional 5,650 shares during the period. Bridgeway Capital Management LLC lifted its holdings in Biglari by 4.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 17,676 shares of the restaurant operator's stock worth $5,876,000 after buying an additional 732 shares in the last quarter. Peapod Lane Capital LLC lifted its holdings in Biglari by 0.7% during the 4th quarter. Peapod Lane Capital LLC now owns 12,399 shares of the restaurant operator's stock worth $4,122,000 after buying an additional 90 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in Biglari by 8.0% in the 4th 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 period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Biglari from a "sell" rating to a "hold" rating in a research report on Sunday, May 17th.
Check Out Our Latest Stock Report on Biglari
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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