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Biglari Holdings Inc. (BH)

USD391.62 +6.81 (+1.77%)
US NYSE Consumer Cyclical Restaurants
Address 17802 IH 10 West 78257
San Antonio, TX, US
CEO Sardar Biglari
IPO 1980-03-17
CIK 1726173 ISIN US08986R3093

Explore sections of this company profile

Also trades on New York Stock Exchange · BH (USD) New York Stock Exchange · BH-A (USD)
Description

Biglari Holdings Inc., an enterprise established in 1934 and based in San Antonio, Texas, is a multifaceted company with its primary operations centered on managing and franchising restaurants throughout the United States. Its well-known dining brands include Steak n Shake and Western Sizzlin. By December 31, 2021, the company's restaurant network comprised 199 company-operated Steak n Shake locations, complemented by 159 franchise partner units and 178 conventional franchise outlets. Its Western Sizzlin brand encompassed 3 company-owned restaurants and 38 franchised establishments. Beyond its restaurant segment, Biglari Holdings engages in several other industries. It underwrites commercial trucking insurance, providing coverage for physical damage and non-trucking liability to truckers, and also offers general property and casualty insurance. The company is involved in the energy sector, operating oil and natural gas properties located in the Gulf of Mexico. Furthermore, it maintains a media presence through the MAXIM brand, publishing magazines and related content, alongside licensing various media products and services. Investment activities also form a part of its corporate portfolio. Originally named The Steak n Shake Company, the organization rebranded itself as Biglari Holdings Inc. in April 2010.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD391.62 +6.81 (+1.77%)
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Volume Profile
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Liquidity & share structure
Average Volume
71.0K
Beta
0.60
Float Shares
3.12M
Free Float %
99.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.15% -15.20% -21.55% -35.87% -19.81% -23.10% +7.86% +39.45% +72.67% +6.09% +28.75%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
391.62
DCF (Unlevered) 137.97 -64.8%
DCF (Levered) 493.02 +25.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.60
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Restaurants: +7.4%
    +9.2% Q1'26: +2.6% (vs Q1'25)
  • EPS growth Restaurants: +14.8%
    -349.1% Q1'26: +56.8% (vs Q1'25)
  • FCF margin FCF growth · Restaurants: +21.6%
    +10.2% Q1'26: +13.7% (vs Q1'25)
  • EBIT margin Restaurants: +6.1%
    +4.6% Q1'26: +3.2% (vs Q1'25)
  • ROIC Restaurants: +6.2%
    +3.3% Q1'26: +1.7% (vs Q1'25)
  • Share dilution Restaurants: +0.0%
    +121.7% Q1'26: +37.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Restaurants: 0.72×
    6.09× Q1'26: 6.51× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.74) × ERP
WACC = 73% × Ke + 27% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 137.97 Current price: 391.62
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
861.45M
est: 895.97M (-3.9%)
850.08M
est: 850.08M (+0.0%)
839.80M
est: 839.08M (+0.1%)
809.89M
est: 823.60M (-1.7%)
668.84M
est: 829.83M (-19.4%)
433.68M
est: 854.10M (-49.2%)
365.32M
est: 786.00M (-53.5%)
362.11M
est: 895.97M (-59.6%)
395.26M
est: 850.08M (-53.5%)
839.08M
839.08M – 839.08M
-1.3% YoY
823.60M
823.60M – 823.60M
-1.8% YoY
829.83M
829.83M – 829.83M
+0.8% YoY
854.10M
854.10M – 854.10M
+2.9% YoY
EBITDA
8.70M
est: 170.19M (-94.9%)
54.53M
est: 161.47M (-66.2%)
28.68M
est: 159.38M (-82.0%)
55.96M
est: 156.44M (-64.2%)
35.03M
est: 157.62M (-77.8%)
60.59M
est: 162.23M (-62.7%)
109.62M
est: 149.30M (-26.6%)
37.82M
est: 171.85M (-78.0%)
58.89M
est: 163.05M (-63.9%)
160.94M
160.94M – 160.94M
-1.3% YoY
157.97M
157.97M – 157.97M
-1.8% YoY
159.16M
159.16M – 159.16M
+0.8% YoY
163.82M
163.82M – 163.82M
+2.9% YoY
EBIT
23.28M
est: 85.59M (-72.8%)
31.61M
est: 81.21M (-61.1%)
7.23M
est: 80.16M (-91.0%)
36.64M
est: 78.68M (-53.4%)
5.45M
est: 79.27M (-93.1%)
28.37M
est: 81.59M (-65.2%)
70.64M
est: 75.09M (-5.9%)
-2.02M
est: 82.08M (-102.5%)
18.11M
est: 77.88M (-76.7%)
76.87M
76.87M – 76.87M
-1.3% YoY
75.45M
75.45M – 75.45M
-1.8% YoY
76.02M
76.02M – 76.02M
+0.8% YoY
78.25M
78.25M – 78.25M
+2.9% YoY
Net Income
-15.84M
est: 4.58M (-446.2%)
99.45M
est: 8.59M (+1,057.3%)
50.07M
est: -16.46M (+404.2%)
19.39M
est: -13.38M (+244.9%)
45.38M
est: -17.23M (+363.4%)
-37.99M
est: -10.43M (-264.3%)
54.95M
est: 3.25M (+1,592.3%)
-3.76M
est: 10.15M (-137.0%)
-37.49M
est: 19.05M (-296.8%)
-36.49M
-36.49M – -36.49M
-291.5% YoY
-29.66M
-29.66M – -29.66M
+18.7% YoY
-38.20M
-38.20M – -38.20M
-28.8% YoY
-23.12M
-23.12M – -23.12M
+39.5% YoY
SGA
135.13M
est: 146.78M (-7.9%)
127.26M
est: 139.27M (-8.6%)
130.81M
est: 137.47M (-4.8%)
132.91M
est: 134.93M (-1.5%)
est: 135.95M (-100.0%)
est: 139.93M (-100.0%)
77.00M
est: 128.77M (-40.2%)
75.67M
est: 187.82M (-59.7%)
90.52M
est: 178.20M (-49.2%)
175.90M
175.90M – 175.90M
-1.3% YoY
172.65M
172.65M – 172.65M
-1.8% YoY
173.96M
173.96M – 173.96M
+0.8% YoY
179.05M
179.05M – 179.05M
+2.9% YoY
EPS
-6.79
est: 3.27 (-307.6%)
54.24
est: 6.14 (+783.4%)
27.20
est: -11.76 (+331.3%)
11.14
est: -9.56 (+216.5%)
26.33
est: -12.31 (+313.9%)
-22.01
est: -7.45 (-195.4%)
38.55
est: 2.32 (+1,561.6%)
-2.69
est: 3.27 (-182.3%)
-12.08
est: 6.14 (-296.7%)
-11.76
-11.76 – -11.76
-291.5% YoY
-9.56
-9.56 – -9.56
+18.7% YoY
-12.31
-12.31 – -12.31
-28.8% YoY
-7.45
-7.45 – -7.45
+39.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-05-07 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-05-06 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-05-05 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-04 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-05-01 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
110.13M
OE per share TTM
35.44
Owner's Yield
11.44%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
95.5%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
23
Total invested
6.24M
Insider transactions (90d)
0
Beneficial owners (>5%)
6
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Karpus Management, Inc., d/b/a Karpus Investment Management 305.4K 12.59% 99.00 10.6K 99.00 IA Pennsylvania 2019-02-11
2 Biglari Capital Corp. (“BCC”) 141.5K 68.40% 141.5K OO 2021-06-04
3 Sardar Biglari 141.5K 68.40% 141.5K IN 2021-06-04
4 The Lion Fund II, L.P. (the “Lion Fund II”) 79.3K 38.30% 79.3K PN 2021-06-04
5 The Lion Fund, L.P. (the “Lion Fund I”) 36.6K 17.70% 36.6K PN 2021-06-04
6 The Vanguard Group - 23-1945930 8.3K 4.01% 14.00 8.3K 14.00 IA Pennsylvania 2020-02-12

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
23
-83 vs prev Q
New positions
6
Closed positions
89
Increased
9
Reduced
4
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 BIGLARI CAPITAL CORP. 1.41M +13.1K (+0.9%) 467.92M +16.6M (+3.7%) 45.36% +0.423 pp 50.17% +0.750 pp USD178.29 +86.5% 31 qtrs
2 DIMENSIONAL FUND ADVISORS LP 102.2K +1.4K (+1.4%) 33.97M +1.3M (+4.1%) 3.29% +0.044 pp 0.01% +0.000 pp USD167.55 +98.4% 31 qtrs
3 BLACKROCK, INC. 49.8K -4.1K (-7.5%) 16.57M -877.0K (-5.0%) 1.61% -0.131 pp 0.00% +0.000 pp USD178.07 +86.7% 6 qtrs
4 VANGUARD GROUP INC 39.9K +1.8K (+4.8%) 13.27M +942.6K (+7.6%) 1.29% +0.059 pp 0.00% +0.000 pp USD185.77 +78.9% 31 qtrs
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 25.0K +10.4K (+71.3%) 8.33M +3.6M (+75.9%) 0.81% +0.336 pp 0.00% +0.002 pp USD261.37 +27.2% 12 qtrs
6 INVESCO LTD. 24.0K -16.4K (-40.6%) 7.98M -5.1M (-39.0%) 0.77% -0.530 pp 0.00% -0.001 pp USD316.16 +5.1% 5 qtrs
7 QUBE RESEARCH & TECHNOLOGIES LTD 20.4K +15.6K (+323.8%) 6.78M +5.2M (+335.3%) 0.66% +0.502 pp 0.01% +0.005 pp USD330.36 +0.6% 2 qtrs
8 BRIDGEWAY CAPITAL MANAGEMENT, LLC 17.7K +732.0 (+4.3%) 5.88M +392.1K (+7.2%) 0.57% +0.024 pp 0.12% +0.006 pp USD148.58 +123.7% 25 qtrs
9 JPMORGAN CHASE & CO 16.1K -16.6K (-50.8%) 5.34M -5.2M (-49.5%) 0.52% -0.535 pp 0.00% 0.000 pp USD251.32 +32.3% 31 qtrs
10 GEODE CAPITAL MANAGEMENT, LLC 14.6K +211.0 (+1.5%) 4.87M +196.7K (+4.2%) 0.47% +0.007 pp 0.00% +0.000 pp USD169.42 +96.2% 31 qtrs
11 STATE STREET CORP 13.2K -2.7K (-16.9%) 4.38M -753.7K (-14.7%) 0.42% -0.087 pp 0.00% +0.000 pp USD198.06 +67.8% 31 qtrs
12 PEAPOD LANE CAPITAL LLC 12.4K +90.0 (+0.7%) 4.12M +137.6K (+3.5%) 0.40% +0.003 pp 3.51% -0.057 pp USD254.98 +30.4% 5 qtrs
13 EMPOWERED FUNDS, LLC 11.6K +863.0 (+8.0%) 3.86M +381.2K (+11.0%) 0.37% +0.028 pp 0.03% -0.005 pp USD216.74 +53.4% 11 qtrs
14 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 11.0K -6.0 (-0.1%) 3.66M +94.8K (+2.7%) 0.36% 0.000 pp 0.01% -0.002 pp USD147.32 +125.7% 31 qtrs
15 RENAISSANCE TECHNOLOGIES LLC 11.0K -4.4K (-28.7%) 3.65M -1.3M (-26.7%) 0.35% -0.142 pp 0.01% -0.001 pp USD281.88 +17.9% 12 qtrs
16 POINT72 ASSET MANAGEMENT, L.P. 10.7K +9.2K (+631.2%) 3.55M +3.1M (+650.9%) 0.34% +0.297 pp 0.00% +0.003 pp USD331.23 +0.4% 2 qtrs
17 MILLENNIUM MANAGEMENT LLC 10.5K +10.5K (+100.0%) 3.51M +3.5M (+100.0%) 0.34% +0.340 pp 0.00% +0.002 pp USD332.43 +0.0% 4 qtrs
18 GOLDMAN SACHS GROUP INC 9.2K +5.0K (+121.8%) 3.05M +1.7M (+127.8%) 0.30% +0.162 pp 0.00% +0.000 pp USD317.76 +4.6% 6 qtrs
19 CITADEL ADVISORS LLC 8.7K +8.7K (+100.0%) 2.88M +2.9M (+100.0%) 0.28% +0.279 pp 0.00% +0.000 pp USD332.43 +0.0% 3 qtrs
20 TREXQUANT INVESTMENT LP 8.0K +8.0K (+100.0%) 2.64M +2.6M (+100.0%) 0.26% +0.256 pp 0.02% +0.024 pp USD332.43 +0.0% 3 qtrs
21 TWO SIGMA INVESTMENTS, LP 7.7K -3.9K (-33.8%) 2.54M -1.2M (-32.0%) 0.25% -0.126 pp 0.00% -0.002 pp USD311.69 +6.7% 3 qtrs
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 7.0K -184.0 (-2.6%) 2.34M +2.1K (+0.1%) 0.23% -0.006 pp 0.00% +0.000 pp USD272.91 +21.8% 31 qtrs
23 NORTHERN TRUST CORP 6.6K -520.0 (-7.3%) 2.20M -110.3K (-4.8%) 0.21% -0.017 pp 0.00% +0.000 pp USD170.07 +95.5% 31 qtrs
24 PACER ADVISORS, INC. 6.1K -371.0 (-5.7%) 2.03M -66.5K (-3.2%) 0.20% -0.012 pp 0.01% 0.000 pp USD323.65 +2.7% 2 qtrs
25 MORGAN STANLEY 6.0K -8.6K (-58.8%) 2.00M -2.7M (-57.7%) 0.19% -0.276 pp 0.00% 0.000 pp USD273.99 +21.3% 31 qtrs
26 AQR CAPITAL MANAGEMENT LLC 5.9K +2.7K (+84.4%) 1.95M +919.8K (+89.4%) 0.19% +0.087 pp 0.00% +0.000 pp USD323.40 +2.8% 3 qtrs
27 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 5.2K -858.0 (-14.1%) 1.74M -231.6K (-11.7%) 0.17% -0.028 pp 0.01% -0.002 pp USD202.07 +64.5% 25 qtrs
28 UBS GROUP AG 3.9K -68.0 (-1.7%) 1.30M +12.4K (+1.0%) 0.13% -0.002 pp 0.00% +0.000 pp USD283.16 +17.4% 13 qtrs
29 RITHOLTZ WEALTH MANAGEMENT 3.5K -160.0 (-4.4%) 1.16M -21.1K (-1.8%) 0.11% -0.005 pp 0.02% -0.002 pp USD215.37 +54.4% 12 qtrs
30 NUVEEN, LLC 3.4K -303.0 (-8.2%) 1.12M -68.4K (-5.8%) 0.11% -0.010 pp 0.00% +0.000 pp USD216.54 +53.5% 4 qtrs
31 LOS ANGELES CAPITAL MANAGEMENT LLC 2.5K -16.0 (-0.6%) 916.8K +92.1K (+11.2%) 0.08% -0.001 pp 0.00% +0.000 pp USD148.29 +124.2% 21 qtrs
32 OCCUDO QUANTITATIVE STRATEGIES LP 2.4K +1.4K (+135.5%) 791.5K +464.3K (+141.9%) 0.08% +0.044 pp 0.05% +0.013 pp USD316.21 +5.1% 3 qtrs
33 STATE OF WISCONSIN INVESTMENT BOARD 2.4K +778.0 (+49.0%) 786.5K +272.6K (+53.0%) 0.08% +0.025 pp 0.00% +0.001 pp USD326.54 +1.8% 4 qtrs
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 2.3K +2.3K (+100.0%) 771.6K +771.6K (+100.0%) 0.07% +0.075 pp 0.00% +0.000 pp USD332.43 +0.0% 6 qtrs
35 RATHBONES GROUP PLC 2.3K +— (+0.0%) 764.6K +20.2K (+2.7%) 0.07% +0.000 pp 0.00% +0.000 pp USD166.00 +100.3% 10 qtrs
36 CAXTON ASSOCIATES LLP 2.1K +2.1K (+100.0%) 706.7K +706.7K (+100.0%) 0.07% +0.069 pp 0.01% +0.014 pp USD332.43 +0.0% 1 qtrs NEW
37 LPL FINANCIAL LLC 2.1K +138.0 (+7.2%) 682.1K +62.7K (+10.1%) 0.07% +0.004 pp 0.00% +0.000 pp USD283.01 +17.5% 12 qtrs
38 STRS OHIO 1.8K +— (+0.0%) 598.4K +15.8K (+2.7%) 0.06% +0.000 pp 0.00% +0.000 pp USD157.81 +110.7% 28 qtrs
39 BANK OF NEW YORK MELLON CORP 1.8K -145.0 (-7.5%) 592.9K -31.4K (-5.0%) 0.06% -0.005 pp 0.00% +0.000 pp USD162.95 +104.0% 31 qtrs
40 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 1.6K +1.6K (+100.0%) 547.5K +547.5K (+100.0%) 0.05% +0.053 pp 0.01% +0.009 pp USD332.43 +0.0% 1 qtrs NEW
41 LOGAN STONE CAPITAL, LLC 1.6K +1.6K (+100.0%) 538.5K +538.5K (+100.0%) 0.05% +0.052 pp 0.13% +0.133 pp USD332.43 +0.0% 1 qtrs NEW
42 QUADRATURE CAPITAL LTD 1.6K +1.6K (+100.0%) 529.6K +529.6K (+100.0%) 0.05% +0.051 pp 0.01% +0.005 pp USD332.43 +0.0% 1 qtrs NEW
43 ALLIANCEBERNSTEIN L.P. 1.5K +— (+0.0%) 499.0K +13.2K (+2.7%) 0.05% +0.000 pp 0.00% +0.000 pp USD294.30 +13.0% 5 qtrs
44 HSBC HOLDINGS PLC 1.5K +1.5K (+100.0%) 498.2K +498.2K (+100.0%) 0.05% +0.048 pp 0.00% +0.000 pp USD332.43 +0.0% 1 qtrs NEW
45 JACOBS LEVY EQUITY MANAGEMENT, INC 1.5K +— (+0.0%) 482.4K +12.7K (+2.7%) 0.05% +0.000 pp 0.00% +0.000 pp USD138.80 +139.5% 23 qtrs
46 BARCLAYS PLC 1.4K -589.0 (-29.8%) 460.4K +120.9K (+35.6%) 0.04% -0.019 pp 0.00% +0.000 pp USD229.54 +44.8% 31 qtrs
47 GSA CAPITAL PARTNERS LLP 1.3K -958.0 (-41.7%) 446.0K -298.0K (-40.1%) 0.04% -0.031 pp 0.04% -0.024 pp USD194.68 +70.8% 9 qtrs
48 SKOPOS LABS, INC. 1.2K +1.2K (+100.0%) 413.9K +413.9K (+100.0%) 0.04% +0.038 pp 0.02% +0.019 pp USD332.43 +0.0% 1 qtrs NEW
49 SABER CAPITAL MANAGMENT, LLC 1.2K +1.2K (+100.0%) 403.9K +403.9K (+100.0%) 0.04% +0.039 pp 0.34% +0.337 pp USD332.43 +0.0% 1 qtrs NEW
50 POLYMER CAPITAL MANAGEMENT (US) LLC 1.2K +1.2K (+100.0%) 389.3K +389.3K (+100.0%) 0.04% +0.038 pp 0.04% +0.041 pp USD332.43 +0.0% 1 qtrs NEW
51 CITIGROUP INC 1.2K +98.0 (+9.2%) 386.0K +41.9K (+12.2%) 0.04% +0.003 pp 0.00% +0.000 pp USD290.67 +14.4% 31 qtrs
52 AMERICAN CENTURY COMPANIES INC 1.1K +— (+0.0%) 371.0K +9.8K (+2.7%) 0.04% +0.000 pp 0.00% +0.000 pp USD292.21 +13.8% 3 qtrs
53 MARTINGALE ASSET MANAGEMENT L P 1.1K -1.1K (-48.8%) 366.0K -330.5K (-47.5%) 0.04% -0.034 pp 0.01% -0.008 pp USD136.11 +144.2% 21 qtrs
54 INCEPTIONR LLC 1.1K +1.1K (+100.0%) 352.7K +352.7K (+100.0%) 0.03% +0.034 pp 0.10% +0.098 pp USD332.43 +0.0% 1 qtrs NEW
55 QUEST PARTNERS LLC 961.00 +867.0 (+922.3%) 319.5K +289.0K (+950.1%) 0.03% +0.028 pp 0.02% +0.016 pp USD328.49 +1.2% 3 qtrs
56 RHUMBLINE ADVISERS 850.00 -171.0 (-16.7%) 282.6K -47.9K (-14.5%) 0.03% -0.006 pp 0.00% +0.000 pp USD177.11 +87.7% 12 qtrs
57 WELLS FARGO & COMPANY/MN 785.00 +68.0 (+9.5%) 261.0K +29.1K (+12.5%) 0.03% +0.002 pp 0.00% +0.000 pp USD256.24 +29.7% 31 qtrs
58 BALYASNY ASSET MANAGEMENT L.P. 774.00 -7.0 (-0.9%) 257.3K +4.5K (+1.8%) 0.02% 0.000 pp 0.00% +0.000 pp USD323.65 +2.7% 2 qtrs
59 SHAY CAPITAL LLC 750.00 +750.0 (+100.0%) 249.3K +249.3K (+100.0%) 0.02% +0.024 pp 0.03% +0.026 pp USD332.43 +0.0% 1 qtrs NEW
60 ENTRYPOINT CAPITAL, LLC 741.00 +741.0 (+100.0%) 246.3K +246.3K (+100.0%) 0.02% +0.024 pp 0.10% +0.096 pp USD332.43 +0.0% 1 qtrs NEW
61 BANK OF AMERICA CORP /DE/ 730.00 +251.0 (+52.4%) 242.7K +87.6K (+56.5%) 0.02% +0.008 pp 0.00% +0.000 pp USD218.36 +52.2% 31 qtrs
62 MARSHALL WACE, LLP 704.00 +704.0 (+100.0%) 234.0K +234.0K (+100.0%) 0.02% +0.023 pp 0.00% +0.000 pp USD332.43 +0.0% 1 qtrs NEW
63 SCHONFELD STRATEGIC ADVISORS LLC 684.00 +684.0 (+100.0%) 227.4K +227.4K (+100.0%) 0.02% +0.022 pp 0.00% +0.001 pp USD332.43 +0.0% 1 qtrs NEW
64 SQUAREPOINT OPS LLC 643.00 +643.0 (+100.0%) 213.8K +213.8K (+100.0%) 0.02% +0.021 pp 0.00% +0.000 pp USD332.43 +0.0% 3 qtrs
65 BARTLETT & CO. WEALTH MANAGEMENT LLC 503.00 +— (+0.0%) 167.2K +4.4K (+2.7%) 0.02% +0.000 pp 0.00% +0.000 pp USD216.54 +53.5% 4 qtrs
66 METLIFE INVESTMENT MANAGEMENT, LLC 441.00 -18.0 (-3.9%) 146.6K -2.0K (-1.3%) 0.01% -0.001 pp 0.00% +0.000 pp USD254.29 +30.7% 12 qtrs
67 NEW YORK STATE COMMON RETIREMENT FUND 426.00 -100.0 (-19.0%) 141.6K -28.6K (-16.8%) 0.01% -0.003 pp 0.00% +0.000 pp USD182.99 +81.7% 31 qtrs
68 DEUTSCHE BANK AG\ 419.00 +55.0 (+15.1%) 139.3K +21.5K (+18.2%) 0.01% +0.002 pp 0.00% +0.000 pp USD247.24 +34.5% 5 qtrs
69 FMR LLC 362.00 +173.0 (+91.5%) 120.4K +59.4K (+97.3%) 0.01% +0.006 pp 0.00% +0.000 pp USD303.47 +9.5% 16 qtrs
70 STATE OF ALASKA, DEPARTMENT OF REVENUE 353.00 +193.0 (+120.6%) 117.0K +66.0K (+129.4%) 0.01% +0.006 pp 0.00% +0.001 pp USD328.45 +1.2% 2 qtrs
71 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 325.00 +12.0 (+3.8%) 108.0K +6.7K (+6.7%) 0.01% +0.000 pp 0.00% +0.000 pp USD196.46 +69.2% 7 qtrs
72 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 320.00 +— (+0.0%) 106.0K +2.0K (+1.9%) 0.01% +0.000 pp 0.00% +0.000 pp USD182.88 +81.8% 31 qtrs
73 CAITONG INTERNATIONAL ASSET MANAGEMENT CO., LTD 207.00 +165.0 (+392.9%) 68.8K +55.2K (+406.2%) 0.01% +0.005 pp 0.02% +0.007 pp USD330.64 +0.5% 2 qtrs
74 POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY 171.00 +— (+0.0%) 56.8K +1.5K (+2.7%) 0.01% +0.000 pp 0.00% +0.000 pp USD238.66 +39.3% 4 qtrs
75 BNP PARIBAS ARBITRAGE, SNC 158.00 +20.0 (+14.5%) 52.5K +7.9K (+17.6%) 0.01% +0.001 pp 0.00% +0.000 pp USD286.16 +16.2% 31 qtrs
76 ROYAL BANK OF CANADA 142.00 +76.0 (+115.2%) 47.0K +26.0K (+123.8%) 0.00% +0.002 pp 0.00% +0.000 pp USD266.11 +24.9% 24 qtrs
77 CWM, LLC 141.00 +44.0 (+45.4%) 47.0K +16.0K (+51.6%) 0.00% +0.001 pp 0.00% +0.000 pp USD304.29 +9.2% 7 qtrs
78 JONES FINANCIAL COMPANIES LLLP 91.00 +2.0 (+2.2%) 30.3K +1.1K (+3.9%) 0.00% +0.000 pp 0.00% +0.000 pp USD300.36 +10.7% 4 qtrs
79 RUSSELL INVESTMENTS GROUP, LTD. 80.00 -5.0 (-5.9%) 26.6K -916.0 (-3.3%) 0.00% 0.000 pp 0.00% +0.000 pp USD319.20 +4.1% 3 qtrs
80 COMERICA BANK 70.00 +— (+0.0%) 23.3K +614.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD166.00 +100.3% 10 qtrs
81 LEGAL & GENERAL GROUP PLC 65.00 +— (+0.0%) 21.6K +549.0 (+2.6%) 0.00% +0.000 pp 0.00% +0.000 pp USD184.88 +79.8% 31 qtrs
82 FARTHER FINANCE ADVISORS, LLC 59.00 +59.0 (+100.0%) 19.6K +19.6K (+100.0%) 0.00% +0.002 pp 0.00% +0.000 pp USD332.42 +0.0% 1 qtrs NEW
83 AMERITAS INVESTMENT PARTNERS, INC. 56.00 -24.0 (-30.0%) 18.6K -7.3K (-28.1%) 0.00% -0.001 pp 0.00% 0.000 pp USD183.48 +81.2% 31 qtrs
84 LARSON FINANCIAL GROUP LLC 50.00 +— (+0.0%) 16.6K +439.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD114.42 +190.5% 25 qtrs
85 STERLING CAPITAL MANAGEMENT LLC 49.00 -8.0 (-14.0%) 16.3K -2.2K (-11.7%) 0.00% 0.000 pp 0.00% +0.000 pp USD279.61 +18.9% 6 qtrs
86 TOWER RESEARCH CAPITAL LLC (TRC) 45.00 -18.0 (-28.6%) 15.0K -5.4K (-26.6%) 0.00% -0.001 pp 0.00% 0.000 pp USD202.04 +64.5% 31 qtrs
87 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 42.00 -11.0 (-20.8%) 14.0K -3.2K (-18.6%) 0.00% 0.000 pp 0.00% +0.000 pp USD174.36 +90.7% 31 qtrs
88 HOEY INVESTMENTS, INC 39.00 +— (+0.0%) 13.0K +342.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD164.90 +101.6% 9 qtrs
89 NORTH STAR INVESTMENT MANAGEMENT CORP. 26.00 +— (+0.0%) 8.6K +228.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD109.00 +205.0% 30 qtrs
90 OPTIVER HOLDING B.V. 22.00 +10.0 (+83.3%) 7.3K +3.4K (+88.3%) 0.00% +0.000 pp 0.00% +0.000 pp USD327.59 +1.5% 2 qtrs
91 AMALGAMATED BANK 21.00 -4.0 (-16.0%) 7.0K -1.0K (-12.5%) 0.00% 0.000 pp 0.00% +0.000 pp USD144.00 +130.9% 16 qtrs
92 GLOBAL RETIREMENT PARTNERS, LLC 19.00 +— (+0.0%) 6.3K +167.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD292.16 +13.8% 3 qtrs
93 ROCKEFELLER CAPITAL MANAGEMENT L.P. 17.00 +17.0 (+100.0%) 5.7K +5.7K (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD332.41 +0.0% 1 qtrs NEW
94 CAITLIN JOHN, LLC 15.00 +— (+0.0%) 5.0K +131.0 (+2.7%) 0.00% +0.000 pp 0.00% 0.000 pp USD323.60 +2.7% 2 qtrs
95 ADVISOR GROUP HOLDINGS, INC. 14.00 -444.0 (-96.9%) 4.7K -143.6K (-96.9%) 0.00% -0.014 pp 0.00% 0.000 pp USD319.86 +3.9% 23 qtrs
96 EVERSOURCE WEALTH ADVISORS, LLC 11.00 +2.0 (+22.2%) 3.7K +743.0 (+25.5%) 0.00% +0.000 pp 0.00% +0.000 pp USD278.73 +19.3% 4 qtrs
97 GAMMA INVESTING LLC 8.00 +— (+0.0%) 2.7K +70.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD280.88 +18.4% 5 qtrs
98 COUNTRY TRUST BANK 5.00 +— (+0.0%) 1.7K +44.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD292.20 +13.8% 3 qtrs
99 IFP ADVISORS, INC 4.00 +3.0 (+300.0%) 1.3K +1.0K (+310.5%) 0.00% +0.000 pp 0.00% +0.000 pp USD330.00 +0.7% 2 qtrs
100 CIBC PRIVATE WEALTH GROUP, LLC 4.00 +— (+0.0%) 1.3K +35.0 (+2.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD190.00 +75.0% 7 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 71 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 KraneShares Man Buyout Beta Index ETF BUYO 0.34% 56.0K 0.89%
2 Pacer US Small Cap Cash Cows ETF CALF 0.06% 2.18M 0.59%
3 iShares Micro-Cap ETF IWC 0.06% 849.8K 0.60%
4 U.S. Micro Cap Portfolio ETF DFMC 0.04% 3.18M 0.43%
5 Dimensional - US Small Cap Value ETF DFSV 0.04% 3.11M 0.30%
6 John Hancock Multifactor Emerging Markets ETF JHEM 0.04% 369.2K 0.58%
7 Dimensional - US Targeted Value ETF DFAT 0.03% 4.68M 0.28%
8 Vanguard U.S. Momentum Factor ETF VFMO 0.02% 353.3K 0.13%
9 Vanguard Global Momentum Factor ETF VMO.TO 0.02% 75.0K 0.38%
10 Invesco RAFI US 1500 Small-Mid ETF PRFZ 0.02% 548.7K 0.34%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
4
Sells
0
Shares acquired
9.7K
Shares disposed
Cash buys
4.00
Cash sales
Net activity
+9,717
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,810 302.20 849.2K 1,345,430 I
2026-03-09 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,320 301.06 999.5K 1,342,620 I
2026-03-06 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,441 307.20 749.9K 1,339,300 I
2026-03-03 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,146 331.15 379.5K 1,336,859 I
2025-12-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,084 323.71 998.3K 1,335,713 I
2025-12-16 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 156 1,599.87 249.6K 128,444 I
2025-12-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 152 328.00 49.9K 1,332,629 I
2025-12-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 449 333.14 149.6K 1,332,477 I
2025-12-10 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 310 321.94 99.8K 1,332,028 I
2025-12-09 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 938 319.08 299.3K 1,331,718 I
2025-12-08 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 973 315.08 306.6K 1,330,780 I
2025-12-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,465 306.90 449.6K 1,329,807 I
2025-12-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,139 306.05 348.6K 1,328,342 I
2025-12-03 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,802 303.32 849.9K 1,327,203 I
2025-11-24 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,819 274.74 499.8K 1,324,401 I
2024-12-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,589 249.55 646.1K 1,322,582 I
2024-12-16 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 703 234.12 164.6K 1,319,993 I
2024-12-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 128 234.98 30.1K 1,319,290 I
2024-12-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 239 234.13 56.0K 1,319,162 I
2024-12-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,167 228.47 495.1K 1,318,923 I
2024-12-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 444 223.85 99.4K 1,316,756 I
2024-12-03 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 274 1,108.95 303.9K 126,925 I
2024-12-02 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 144 1,078.01 155.2K 126,651 I
2024-11-27 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 327 1,068.21 349.3K 126,507 I
2024-11-26 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 798 206.95 165.1K 1,309,959 I
2024-11-22 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 384 207.95 79.9K 1,309,161 I
2024-11-21 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,186 207.46 246.0K 1,308,777 I
2024-11-20 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 856 210.00 179.8K 1,307,591 I
2024-11-19 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 151 1,045.10 157.8K 126,049 I
2024-11-18 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 197 1,049.29 206.7K 125,898 I
2024-11-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 782 1,049.52 820.7K 125,701 I
2024-11-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,992 210.13 838.8K 1,292,670 I
2024-11-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 6,928 199.00 1.38M 1,288,678 I
2024-11-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 4,534 181.34 822.2K 1,281,750 I
2024-03-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,873 192.37 745.0K 1,277,216
2024-03-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 940 194.10 182.5K 1,273,343
2024-03-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 497 950.54 472.4K 121,932
2024-03-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 149 948.54 141.3K 121,435
2024-03-08 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 101 924.26 93.4K 121,286
2024-03-07 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 419 190.11 79.7K 1,268,831
2024-03-06 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 632 186.54 117.9K 1,268,412
2024-03-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 277 180.38 50.0K 1,267,780
2024-03-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,692 178.06 301.3K 1,267,503
2023-12-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 440 175.47 77.2K 1,265,811
2023-12-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 484 178.45 86.4K 1,265,371
2023-12-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,297 175.29 227.4K 1,264,887
2023-12-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,483 167.75 584.3K 1,263,590
2023-12-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 4,109 156.63 643.6K 1,260,107
2023-08-17 BIGLARI, SARDAR 10% Owner P-Purchase A Common Stock, par value $0.01 per share 20,000 10.08 201.6K 120,000
2023-08-16 BIGLARI, SARDAR 10% Owner P-Purchase A Common Stock, par value $0.01 per share 54,300 10.20 553.9K 100,000
2023-08-15 BIGLARI, SARDAR 10% Owner I Common Stock, par value $0.01 per share 0 0.00 45,700
2022-06-08 LION FUND, L.P. Director J-Other A Class B common stock 890,272 0.00 1,255,998
2022-05-10 Mhatre Nitin J. Officer P-Purchase D Common Stock 1,500 25.13 37.7K 43,331
2021-12-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 10,072 148.68 1.50M 890,272
2021-12-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 547 143.81 78.7K 880,200
2021-12-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 389 144.00 56.0K 879,653
2021-11-24 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,200 145.64 320.4K 879,264
2021-11-22 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 26,568 143.00 3.80M 877,064
2021-08-12 Cardwell John Garrett Director P-Purchase A Class B common stock 200 172.31 34.5K 700
2021-08-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 818 867.30 709.5K 83,267
2021-08-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 258 850.00 219.3K 82,449
2021-08-10 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 542 825.91 447.6K 82,191
2021-06-18 Cardwell John Garrett Director P-Purchase A Class B common stock 50 171.00 8.6K 500
2021-06-16 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 73 899.79 65.7K 81,649
2021-06-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 75 915.00 68.6K 81,576
2021-06-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 38 905.00 34.4K 81,501
2021-06-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 537 915.33 491.5K 81,463
2021-06-10 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 245 899.89 220.5K 80,926
2021-06-08 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 102 910.96 92.9K 80,681
2021-06-07 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 1,300 867.20 1.13M 80,579
2021-06-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 373 816.81 304.7K 79,279
2021-06-02 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 227 855.19 194.1K 78,906
2021-06-01 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 421 846.20 356.3K 78,679
2021-05-28 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 71 807.57 57.3K 78,258
2021-05-27 Campbell Edmund B III Director D Class A common stock 0 0.00 27
2021-05-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 135 770.00 104.0K 78,187
2021-05-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 15,000 148.00 2.22M 835,248
2021-05-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 200 148.00 29.6K 820,248
2021-05-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,800 155.82 280.5K 820,048
2021-03-11 Cardwell John Garrett Director P-Purchase A Class B common stock 150 149.80 22.5K 450
2021-03-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 275 747.36 205.5K 77,363
2021-03-08 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 284 744.45 211.4K 77,088
2021-03-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 97 730.57 70.9K 76,804
2021-03-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,888 140.00 264.3K 818,248
2020-12-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 374 124.73 46.6K 816,360
2020-12-16 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,450 123.00 178.4K 815,986
2020-12-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,763 120.22 211.9K 814,536
2020-12-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 26 600.00 15.6K 75,800
2020-12-10 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 52 598.32 31.1K 75,774
2020-12-09 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 10,000 115.98 1.16M 812,773
2020-12-08 Cardwell John Garrett Director P-Purchase A Class B common stock 100 119.42 11.9K 300
2020-12-08 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 474 117.75 55.8K 802,773
2020-12-02 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 548 113.86 62.4K 802,299
2020-12-01 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,785 114.00 431.5K 801,751
2020-11-30 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 7 575.00 4.0K 75,194
2020-11-27 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 3,041 110.78 336.9K 795,718
2020-11-25 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 6 575.00 3.5K 75,187
2020-11-24 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 5,367 111.73 599.7K 792,677
2020-11-20 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 18,056 104.19 1.88M 787,310
2020-11-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common Stock 15,156 105.27 1.60M 769,254
2020-11-16 Cardwell John Garrett Director P-Purchase A Class B common stock 200 101.86 20.4K 200
2020-11-16 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common Stock 6,047 102.61 620.5K 754,098
2020-11-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 15,708 96.46 1.52M 748,051
2020-09-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,645 99.84 164.2K 732,343
2020-09-10 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,311 96.75 126.8K 730,698
2020-09-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,500 95.88 239.7K 729,387
2020-09-03 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 639 96.81 61.9K 726,887
2020-09-02 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 116 94.98 11.0K 726,248
2020-08-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 13,824 95.14 1.32M 726,132
2020-08-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,300 90.27 117.4K 712,308
2020-08-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,631 87.31 142.4K 711,008
2020-03-23 BIGLARI, SARDAR Director / Officer / 10% Owner J-Other D Class B common stock 16,841 0.00 709,377
2019-11-26 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 717 584.39 419.0K 7,699
2019-11-22 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 116 584.61 67.8K 6,982
2019-11-21 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 533 550.37 293.3K 6,866
2019-11-20 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 100 584.08 58.4K 6,333
2019-11-19 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 848 575.35 487.9K 6,233
2019-11-18 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 2,284 576.07 1.32M 5,385
2019-11-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 605 579.87 350.8K 3,101
2019-11-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 105 568.08 59.6K 2,496
2019-11-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 420 551.85 231.8K 2,391
2019-11-07 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 111 546.19 60.6K 1,971
2019-11-06 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 184 531.74 97.8K 1,860
2019-11-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 1,676 506.95 849.6K 1,676
2019-10-31 Cardwell John Garrett Director 0 0.00 0
2019-06-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 4,454 106.90 476.1K 4,573
2019-06-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 1,885 624.53 1.18M 5,988
2019-06-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 118 99.00 11.7K 17,556
2019-06-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 516 592.24 305.6K 3,594
2019-06-10 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 1,339 617.77 827.2K 3,078
2019-06-07 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 700 109.44 76.6K 17,019
2019-06-06 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 2,388 109.07 260.5K 16,319
2019-06-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 7,470 107.83 805.5K 15,918
2019-06-04 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 1,560 103.28 161.1K 8,448
2019-06-03 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 4,900 95.22 466.6K 6,888
2019-05-24 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 500 97.36 48.7K 1,988
2019-05-23 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class B common stock 307 98.85 30.3K 1,488
2019-05-22 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 550 576.83 317.3K 2,543
2019-05-21 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 300 565.02 169.5K 1,993
2019-05-20 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 300 540.00 162.0K 1,693
2018-12-17 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 196 740.85 145.2K 1,393
2018-12-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 197 715.20 140.9K 1,197
2018-12-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 350 704.15 246.5K 1,000
2018-12-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 526 709.68 373.3K 650
2018-12-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 124 696.05 86.3K 124
2018-06-19 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 43 986.97 42.4K 7,185
2018-06-18 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 186 987.85 183.7K 7,142
2018-06-15 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 135 985.31 133.0K 6,956
2018-06-14 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 135 973.59 131.4K 6,821
2018-06-13 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 105 980.40 102.9K 6,686
2018-06-12 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 3,135 977.21 3.06M 6,581
2018-06-11 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 135 996.66 134.5K 3,446
2018-06-08 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 129 995.83 128.5K 3,311
2018-06-07 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 19 1,005.52 19.1K 3,182
2018-06-05 BIGLARI, SARDAR Director / Officer / 10% Owner P-Purchase A Class A common stock 62 994.51 61.7K 3,163
2014-09-18 COOLEY PHILIP L Director P-Purchase A Common Stock, stated value $.50 per share 76 250.00 19.0K 6,661
2014-09-12 MASTRIAN JAMES P Director X-InTheMoney A Common Stock, stated value $0.50 per share 56 250.00 14.0K 336
2014-09-12 COOLEY PHILIP L Director X-InTheMoney D Subscription Rights (right to buy) 670 250.00 167.5K 0
2014-05-21 COOLEY PHILIP L Director P-Purchase A Common Stock, stated value $.50 per share 100 410.00 41.0K 5,489
2014-03-26 MASTRIAN JAMES P Director P-Purchase A Common Stock, stated value $.50 100 494.09 49.4K 280
2013-09-20 COOLEY PHILIP L Director P-Purchase A Common Stock, stated value $.50 per share 107 265.00 28.4K 5,389
2013-09-16 MASTRIAN JAMES P Director X-InTheMoney A Common Stock, stated value $0.50 per share 30 265.00 8.0K 180
2013-09-16 COOLEY PHILIP L Director X-InTheMoney A Common Stock, stated value $.50 per share 880 265.00 233.2K 5,282
2013-08-22 MASTRIAN JAMES P Director P-Purchase A Common Stock, stated value $0.50 per share 150 461.75 69.3K 150
2012-08-14 MASTRIAN JAMES P Director D Common Stock, stated value $0.50 per share 0 0.00 0
2012-06-12 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 100 375.99 37.6K 4,402
2012-05-29 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 100 394.48 39.4K 4,302
2011-09-13 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 100 295.38 29.5K 4,202
2011-06-16 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 50 384.88 19.2K 4,002
2011-03-29 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 100 401.50 40.2K 3,832
2010-05-27 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 100 303.72 30.4K 3,732
2010-05-25 COOLEY PHILIP L Director P-Purchase A Common Stock, par value $.50 100 291.85 29.2K 3,632

Executive team

Top executives
EBIT / Employee
7.1K
Shares Outstanding
3.14M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-03-11 DEF 14A
2025-03-21 DEF 14A
2024-03-19 DEF 14A
2023-03-27 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-08 8-K
2026-05-08 10-Q
2026-04-10 8-K
2026-03-31 10-K/A
2026-03-13 4
2026-03-11 DEF 14A
2026-03-11 ARS
2026-03-09 4
2026-03-06 4
2026-03-03 4

Executive team

NameTitleCompensationGender
Bruce W. Lewis Controller 1M male
Sardar Biglari Chairman & Chief Executive Officer 900.0K male
ESG Rating
B
RESTAURANTS
2026
E (Environmental)
72.9 / 47.1
Company / Sector avg.
S (Social)
56.9 / 50.9
Company / Sector avg.
G (Governance)
56.0 / 56.3
Company / Sector avg.
ESG Total
61.9 / 51.4
Company / Sector avg.
ESG Score History RESTAURANTS
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits