Key Points
- Major shareholder Sardar Biglari sold 1,100 Biglari Holdings shares at an average price of $17.06, generating $18,766. After the sale, he owned 65,872 shares, a 1.64% reduction in his position.
- Biglari has conducted numerous additional sales recently, including 80,000 shares on August 5 and 20,000 shares on August 3, bringing the reported recent selling activity to a substantial level.
- Biglari reported quarterly EPS of $158.17 on revenue of $108.52 million. The stock opened at $383.63, with institutional investors owning approximately 74.3% of the company.
Biglari Holdings Inc. (NYSE:BH - Get Free Report) major shareholder Sardar Biglari sold 1,100 shares of the business's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $17.06, for a total transaction of $18,766.00. Following the sale, the insider owned 65,872 shares of the company's stock, valued at $1,123,776.32. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Sardar Biglari also recently made the following trade(s):
- On Wednesday, August 5th, Sardar Biglari sold 80,000 shares of Biglari stock. The shares were sold at an average price of $16.90, for a total value of $1,352,000.00.
- On Monday, August 3rd, Sardar Biglari sold 20,000 shares of Biglari stock. The stock was sold at an average price of $16.73, for a total value of $334,600.00.
- On Thursday, July 30th, Sardar Biglari sold 546 shares of Biglari stock. The shares were sold at an average price of $16.70, for a total value of $9,118.20.
- On Wednesday, July 29th, Sardar Biglari sold 6,611 shares of Biglari stock. The shares were sold at an average price of $16.71, for a total value of $110,469.81.
- On Friday, July 17th, Sardar Biglari sold 11,000 shares of Biglari stock. The shares were sold at an average price of $16.71, for a total value of $183,810.00.
- On Monday, July 13th, Sardar Biglari sold 75,000 shares of Biglari stock. The shares were sold at an average price of $16.74, for a total transaction of $1,255,500.00.
- On Thursday, July 2nd, Sardar Biglari sold 9,525 shares of Biglari stock. The stock was sold at an average price of $16.92, for a total transaction of $161,163.00.
- 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 value of $2,286,910.67.
- On Tuesday, June 30th, Sardar Biglari sold 22,600 shares of Biglari stock. The stock was 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.
Biglari Stock Down 0.5%
BH stock opened at $383.63 on Wednesday. The stock has a fifty day moving average of $372.26 and a 200-day moving average of $346.60. Biglari Holdings Inc. has a fifty-two week low of $234.91 and a fifty-two week high of $483.60. The company has a market capitalization of $878.51 million, a price-to-earnings ratio of -3.51 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.44 and a current ratio of 2.47.
Biglari (NYSE:BH - Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The restaurant operator reported $158.17 earnings per share (EPS) for the quarter. The business had revenue of $108.52 million for the quarter. Biglari had a positive return on equity of 5.71% and a negative net margin of 7.33%.
Institutional Investors Weigh In On Biglari
Hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. lifted 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 buying an additional 73 shares in the last quarter. CWM LLC grew its stake in Biglari by 45.4% during the fourth quarter. CWM LLC now owns 141 shares of the restaurant operator's stock valued at $47,000 after acquiring an additional 44 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in Biglari during the first quarter valued at approximately $64,000. State of Alaska Department of Revenue lifted its stake in Biglari by 120.6% in the 4th quarter. State of Alaska Department of Revenue now owns 353 shares of the restaurant operator's stock worth $117,000 after purchasing an additional 193 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in Biglari by 15.1% in the 4th quarter. Deutsche Bank AG now owns 419 shares of the restaurant operator's stock worth $139,000 after purchasing an additional 55 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Biglari from a "sell" rating to a "hold" rating in a report on Sunday, May 17th.
Get Our Latest Stock 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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