Flanigan’s Enterprises (NYSEAMERICAN:BDL) CEO James Flanigan II Purchases 1,899 Shares

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) CEO James Flanigan II bought 1,899 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $31.76 per share, for a total transaction of $60,312.24. Following the completion of the transaction, the chief executive officer directly owned 983,971 shares in the company, valued at approximately $31,250,918.96. This trade represents a 0.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Tuesday, May 19th, James Flanigan II bought 76 shares of Flanigan’s Enterprises stock. The shares were acquired at an average price of $31.46 per share, for a total transaction of $2,390.96.
• On Friday, May 15th, James Flanigan II bought 25 shares of Flanigan’s Enterprises stock. The shares were acquired at an average price of $30.00 per share, for a total transaction of $750.00.

Flanigan’s Enterprises Price Performance

NYSEAMERICAN:BDL opened at $32.42 on Friday. Flanigan’s Enterprises, Inc. has a 52 week low of $26.33 and a 52 week high of $35.98. The company has a quick ratio of 1.47, a current ratio of 1.84 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $60.30 million, a PE ratio of 10.10 and a beta of 0.33. The stock’s 50-day moving average price is $31.67 and its 200-day moving average price is $31.53.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.43 earnings per share (EPS) for the quarter. Flanigan’s Enterprises had a return on equity of 7.46% and a net margin of 2.84%.The company had revenue of $52.57 million for the quarter.

Institutional Investors Weigh In On Flanigan’s Enterprises

Several institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in 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 buying an additional 516 shares during the last quarter. Geode Capital Management LLC acquired a new stake in Flanigan’s Enterprises in the 2nd quarter worth about $249,000. Finally, Empowered Funds LLC boosted its holdings in Flanigan’s Enterprises by 3.1% in the 1st quarter. Empowered Funds LLC now owns 14,725 shares of the company’s stock worth $364,000 after buying an additional 445 shares during the last quarter. 11.03% of the stock is currently 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.