El Pollo Loco (LOCO) Insider Sardar Biglari Sells $1.7M of Stock
Sardar Biglari has sold shares of El Pollo Loco, marking a significant transaction valued at $1.66 million.
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Sardar Biglari sold 100,000 shares of El Pollo Loco Holdings, Inc. ($LOCO) at an average price of $16.58, worth about $1.66 million, on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LOCO is down 1.4% after 1 week, up 0.0% after 1 month and down 1.1% to date (from the $16.53 close on Jun 29, 2026).
LOCO
El Pollo Loco Holdings, Inc.
Key Points
- Sardar Biglari sold 100,000 shares of El Pollo Loco Holdings, Inc. on June 29, 2026, at a price of $16.58 each, totaling around $1.66 million.
- The stock was trading at $16.96 when this article was published, close to its 52-week high of $17.40.
- Analysts have mixed opinions on El Pollo Loco, with targets ranging from $17 to $22, reflecting potential upside from current prices.
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Insider Buying and Selling at El Pollo Loco Holdings, Inc.
On June 29, 2026, Sardar Biglari sold 100,000 shares of El Pollo Loco Holdings, Inc. (NasdaqGS: LOCO) at a price of $16.58 per share. This sale was valued at approximately $1.66 million. With the stock trading at $16.96 on the day of this report, the sale comes just shy of the company's 52-week high of $17.40.
How This Sale Fits Biglari's Trading Pattern
This sale is part of a pattern for Biglari, who has previously made significant moves in El Pollo Loco stock. His recent trades indicate a strategic approach to managing his holdings. This particular sale raises questions about his current sentiment towards the company, especially as he sold a substantial number of shares.
Analysts Set New Price Targets
Several analysts have recently commented on El Pollo Loco. On August 10, 2026, DA Davidson maintained a Neutral rating with a target price of $17, up from $15. Meanwhile, Benchmark kept a Buy rating and raised its target to $21 from $18 on August 7. Freedom Capital Markets initiated coverage with a Buy rating and set a target of $22 on July 1, 2026. Collectively, these ratings suggest a mix of cautious optimism and confidence in El Pollo Loco’s growth potential.
Market Context and Stock Performance
As of the publication date, El Pollo Loco shares are trading around $16.96, reflecting a solid performance near its recent highs. The stock has shown growth, particularly over the last year, influenced by the company's strategic initiatives in the restaurant sector. The recent trading activity indicates that investors and insiders are closely watching the stock's trajectory as it approaches significant price levels.
What El Pollo Loco Holdings, Inc. Does
El Pollo Loco Holdings, Inc. operates quick-service restaurants primarily in the southwestern United States. Known for its flame-grilled chicken, the company continues to expand its presence in the fast-casual dining market. The recent insider sale by Sardar Biglari adds to the narrative surrounding the stock as it navigates growth challenges and opportunities.
What's Ahead for El Pollo Loco Holdings, Inc.
Investors should keep an eye on future developments, including the next earnings report scheduled for November 5, 2026. The 13F filings reflect past positions and may not capture Biglari's current view on El Pollo Loco, but his recent sale could suggest a recalibration of his strategy moving forward.
Related Filing Alerts
Source: Sardar Biglari's Form 4 filing on $LOCO (Jun 29, 2026). Find the original filing: LOCO Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts