Loading
Biglari Holdings Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 19 Dec 2024.
Biglari Holdings Inc.: what insiders have been doing
This page follows insider dealings at Biglari Holdings Inc. as filed with SEC (Form 4), a company from the Retail & Commerce sector based in San Antonio, United States. The group dates from 2008. Nothing new has been filed by managers of Biglari Holdings Inc. in twelve months, the latest record being from 19 December 2024.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
35
Thresholds
n/a
Buy Volume
€4M
35 ops. · all time
Sell Volume
n/a
n/a
Who traded when
BuySaleSardar Biglari7 buys
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 16,803 of 24,161 companies
38.6
score / 100
Value47
Quality30
FCF yld6.3%
Earn yld-3.1%
EV/EBITDA·
ROE-5.3%
Gross mgn38%
Net mgn-9.5%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$388.16
Analyst consensus
Income statement
RevenueUS$395.3M
Gross profitUS$149.4M38% margin
EBITDAUS$6.7M2% margin
Net income-US$37.5M-7.3% margin
Valuation
P/Book0.4x
Beta0.53
Balance sheet & cash
Market capUS$1.2B
Total debtUS$358.6M
Free Cash FlowUS$76.6M
Debt / Equity66%
Profitability & ownership
ROE-5.3%
ROA1.6%
% insiders0.4%
% institutions94.1%
Last declaration on 19 December 2024
Declarations35 total
682 shares@ US$1,250.3420.1% of flowClass A common stockSEC:0000921895-24-002994:0
Canonical exit: 17 Mar 2025 (T+90)
277 shares@ US$1,174.067.7% of flowClass A common stockSEC:0000921895-24-002957:0
Canonical exit: 12 Mar 2025 (T+90)
144 shares@ US$1,078.013.6% of flowClass A common stockSEC:0000921895-24-002881:0
Canonical exit: 2 Mar 2025 (T+90)
130 shares@ US$1,030.103.2% of flowClass A common stockSEC:0001193805-24-001423:0
Canonical exit: 24 Feb 2025 (T+90)
1 shares@ US$1,030.000.0% of flowClass A common stockSEC:0000921895-24-002794:0
Canonical exit: 18 Feb 2025 (T+90)
782 shares@ US$1,049.5219.3% of flowClass A common stockSEC:0000921895-24-002776:0
Canonical exit: 13 Feb 2025 (T+90)
460 shares@ US$897.769.6% of flowClass A common stockSEC:0000921895-24-002747:0
Canonical exit: 10 Feb 2025 (T+90)
157 shares@ US$984.303.5% of flowClass A common stockSEC:0000921895-24-000674:0
Canonical exit: 13 Jun 2024 (T+90)
497 shares@ US$950.5410.7% of flowClass A common stockSEC:0000921895-24-000657:0
Canonical exit: 10 Jun 2024 (T+90)
419 shares@ US$190.111.8% of flowClass B common stockSEC:0000921895-24-000633:0
Canonical exit: 5 Jun 2024 (T+90)
6 shares@ US$900.000.1% of flowClass A common stockSEC:0000921895-24-000591:0
Canonical exit: 2 Jun 2024 (T+90)
183 shares@ US$891.543.7% of flowClass A common stockSEC:0000921895-23-002772:0
Canonical exit: 13 Mar 2024 (T+90)
452 shares@ US$778.668.1% of flowClass A common stockSEC:0000921895-23-002761:0
Canonical exit: 10 Mar 2024 (T+90)
854 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003186:0
Canonical exit: 3 May 2016 (T+90)
1,275 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003146:0
Canonical exit: 28 Apr 2016 (T+90)
1,604 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003146:1
Canonical exit: 1 May 2016 (T+90)
892 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003146:2
Canonical exit: 2 May 2016 (T+90)
1,229 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003110:0
Canonical exit: 25 Apr 2016 (T+90)
1,190 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003110:1
Canonical exit: 26 Apr 2016 (T+90)
1,275 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003110:2
Canonical exit: 27 Apr 2016 (T+90)
1,063 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003073:0
Canonical exit: 20 Apr 2016 (T+90)
1,195 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003073:1
Canonical exit: 21 Apr 2016 (T+90)
997 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003073:2
Canonical exit: 24 Apr 2016 (T+90)
1,071 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003040:0
Canonical exit: 14 Apr 2016 (T+90)
1,195 sharesCommon Stock, stated value $0.50 per shareSEC:0000921895-16-003040:1
Canonical exit: 18 Apr 2016 (T+90)
25 of 35 declarations
About Biglari Holdings Inc.
Biglari Holdings Inc. is a U.S.-listed holding company traded on the NYSE/NASDAQ in the United States (United States), built around a highly centralized capital-allocation model and a deliberately diversified mix of operating businesses. Founded and led by Sardar Biglari, who serves as Chairman and Chief Executive Officer, the company is notable for its unusual governance structure: day-to-day operating decisions are pushed down to the respective business managers, while major investment, financing, and capital deployment decisions are made at the holding-company level. For equity investors, that makes BH less of a conventional operating company and more of a portfolio of businesses managed under a common capital discipline.
The group’s core activities span several unrelated business lines. Its largest operating subsidiaries are in restaurants, through Steak n Shake and related restaurant assets, but Biglari Holdings also owns property and casualty insurance and reinsurance operations, licensing and media businesses, and oil and gas assets. SEC filings identify key subsidiaries such as Steak n Shake Inc., Western Sizzlin Corporation, First Guard Insurance Company, Southern Pioneer Property & Casualty Insurance Company, Biglari Reinsurance Ltd., Southern Oil Company, and Abraxas Petroleum Corporation. In addition, the company has investment partnerships that can materially affect reported financial results and balance sheet strength.
Read moreShow less
From a competitive standpoint, Biglari Holdings does not compete as a pure-play leader in one industry; instead, it competes through capital allocation, acquisition opportunism, and a willingness to own businesses with different risk/return profiles. That can be attractive to value-oriented investors who favor balance-sheet optionality and per-share value creation over simple revenue growth. At the same time, the structure also creates complexity: restaurant operations can be cyclical and highly execution-sensitive, insurance results depend on underwriting discipline and claims experience, and energy assets are exposed to commodity price volatility. This mix makes the company’s earnings profile inherently less linear than that of a focused single-sector peer.
The headquarters is in San Antonio, Texas, reinforcing the company’s U.S. base of operations. Geographically, the business is primarily domestic in its operating footprint, although the holding-company framework and investment activities give it a broader financial reach. Recent SEC filings in 2025 and 2026 show that Sardar Biglari continues to control a very large voting stake, underscoring the founder-led nature of the enterprise. Recent Form 4 insider filings also indicate ongoing market activity related to BH securities. For French-speaking investors, Biglari Holdings is best viewed as a U.S. special-situations holding company on the NYSE/NASDAQ, where the key investment question is not just business performance, but also the quality of capital allocation over time.
