James Flanigan II Buys 1,899 Shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) CEO James Flanigan II bought 1,899 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average price of $31.76 per share, with a total value of $60,312.24. Following the transaction, the chief executive officer directly owned 983,971 shares in the company, valued at $31,250,918.96. This represents a 0.19% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

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

Flanigan’s Enterprises Price Performance

Shares of NYSEAMERICAN BDL traded up $2.16 during mid-day trading on Friday, hitting $32.42. 1,288 shares of the stock were exchanged, compared to its average volume of 1,388. The company has a market cap of $60.30 million, a P/E ratio of 10.10 and a beta of 0.33. The stock’s fifty day simple moving average is $31.67 and its two-hundred day simple moving average is $31.53. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 1.84. Flanigan’s Enterprises, Inc. has a twelve month low of $26.33 and a twelve month high of $35.98.

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

Institutional Trading of Flanigan’s Enterprises

Several large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its holdings in shares of Flanigan’s Enterprises by 0.8% in the third quarter. Dimensional Fund Advisors LP now owns 63,747 shares of the company’s stock valued at $2,032,000 after buying an additional 516 shares during the last quarter. Empowered Funds LLC lifted its position in Flanigan’s Enterprises by 3.1% during 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 in the last quarter. Finally, Geode Capital Management LLC bought a new stake in Flanigan’s Enterprises during the 2nd quarter worth about $249,000. Institutional investors own 11.03% of the company’s stock.

About Flanigan’s Enterprises

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.