Biglari Holdings CEO Purchases Over 2,000 Insider Shares

Core Insights - The CEO of Biglari Holdings, Sardar Biglari, has been actively purchasing shares, acquiring 2,221 Class B shares for approximately $705,671.28 between December 8 and December 10, 2025, indicating confidence in the company's performance [1][2]. Transaction Summary - The recent insider purchase involved 2,221 shares traded at a total value of $705,678, with a weighted average purchase price of $317.73 per share [2]. - Post-transaction, direct ownership remained at one share, while indirect ownership through The Lion Fund, L.P. increased to 1,332,028 shares [3]. Company Overview - Biglari Holdings operates primarily in the restaurant industry, with additional interests in insurance, energy, and media, leveraging its established brands to create diverse revenue streams [5]. - As of January 13, 2026, the company's stock price was $430.74, with a market capitalization of $1.34 billion and a revenue of $386.51 million over the trailing twelve months [4]. Stock Performance - The stock price of Biglari Holdings has seen a significant increase, with a 1-year price change of 97.44% as of January 12, 2026, and a 31% surge in 2025 [4][7]. - Class B shares have been the more actively traded, with a notable year-to-date increase of nearly 30% [7]. Subsidiary Performance - The subsidiary Steak 'n Shake reported significant sales growth in Q4 2025, partly due to the introduction of a Bitcoin-themed burger and the accumulation of Bitcoin in its reserves, indicating a strategic adaptation to digital assets [8].