Flanigan’s Enterprises (NYSEAMERICAN:BDL) CEO James Flanigan II Purchases 1,000 Shares of Stock

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) CEO James Flanigan II bought 1,000 shares of the stock in a transaction that occurred on Friday, December 26th. The shares were bought at an average cost of $29.89 per share, with a total value of $29,890.00. Following the completion of the purchase, the chief executive officer directly owned 981,996 shares in the company, valued at $29,351,860.44. This represents a 0.10% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

James Flanigan II also recently made the following trade(s):

• On Monday, December 29th, James Flanigan II acquired 866 shares of Flanigan’s Enterprises stock. The shares were acquired at an average cost of $30.00 per share, with a total value of $25,980.00.

Flanigan’s Enterprises Stock Up 0.2%

BDL opened at $29.65 on Friday. The business’s 50-day simple moving average is $30.57 and its 200-day simple moving average is $31.09. Flanigan’s Enterprises, Inc. has a one year low of $22.61 and a one year high of $35.98. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.31 and a current ratio of 1.69. The stock has a market capitalization of $55.15 million, a P/E ratio of 10.94 and a beta of 0.26.

Institutional Investors Weigh In On Flanigan’s Enterprises

A number of large investors have recently added to or reduced their stakes in BDL. Geode Capital Management LLC acquired a new position in shares of Flanigan’s Enterprises in the second quarter worth $249,000. Dimensional Fund Advisors LP increased its stake in Flanigan’s Enterprises by 0.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 63,747 shares of the company’s stock worth $2,032,000 after buying an additional 516 shares during the period. Finally, Empowered Funds LLC boosted its holdings in Flanigan’s Enterprises by 3.1% in the first quarter. Empowered Funds LLC now owns 14,725 shares of the company’s stock valued at $364,000 after purchasing an additional 445 shares during the last quarter. 11.03% of the stock is owned by institutional investors and hedge funds.

Flanigan’s Enterprises Company Profile

Flanigan’s Enterprises, Inc operates as a regional distributor of beer, wine and distilled spirits, serving a range of retail and on-premise accounts throughout Florida. The company manages a network of wholesale distribution centers and provides a portfolio of both domestic and imported beverage brands. Through its Beverage Distribution & Logistics segment, Flanigan’s delivers products to grocery stores, convenience markets, restaurants, bars and clubs, leveraging its industry relationships to secure a diverse assortment of products for its customers.

To support its distribution operations, Flanigan’s Enterprises maintains warehousing, transportation and inventory management capabilities.