Flanigan’s Enterprises (NYSEAMERICAN:BDL) CEO James Flanigan II Acquires 866 Shares

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) CEO James Flanigan II bought 866 shares of the company’s stock in a transaction dated Monday, December 29th. The stock was bought at an average cost of $30.00 per share, with a total value of $25,980.00. Following the completion of the transaction, the chief executive officer owned 980,996 shares in the company, valued at approximately $29,429,880. This trade represents a 0.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Friday, December 26th, James Flanigan II purchased 1,000 shares of Flanigan’s Enterprises stock. The shares were bought at an average price of $29.89 per share, for a total transaction of $29,890.00.

Flanigan’s Enterprises Stock Down 4.4%

Flanigan’s Enterprises stock traded down $1.33 during trading hours on Friday, hitting $29.08. 7,487 shares of the stock traded hands, compared to its average volume of 1,878. The company has a current ratio of 1.69, a quick ratio of 1.31 and a debt-to-equity ratio of 0.24. Flanigan’s Enterprises, Inc. has a one year low of $22.61 and a one year high of $35.98. The company has a market cap of $54.08 million, a PE ratio of 10.73 and a beta of 0.26. The firm’s 50-day moving average price is $30.62 and its two-hundred day moving average price is $31.10.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BDL. Dimensional Fund Advisors LP raised its position in shares of Flanigan’s Enterprises by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 63,747 shares of the company’s stock worth $2,032,000 after purchasing an additional 516 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Flanigan’s Enterprises by 3.1% during the 1st quarter. Empowered Funds LLC now owns 14,725 shares of the company’s stock valued at $364,000 after buying an additional 445 shares during the period. Finally, Geode Capital Management LLC purchased a new position in Flanigan’s Enterprises in the second quarter worth about $249,000. Institutional investors own 11.03% of the company’s stock.

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.