James Flanigan II Buys 866 Shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) CEO James Flanigan II bought 866 shares of Flanigan’s Enterprises stock in a transaction dated Monday, December 29th. The shares were acquired at an average price of $30.00 per share, with a total value of $25,980.00. Following the completion of the purchase, the chief executive officer owned 980,996 shares in the company, valued at approximately $29,429,880. The trade was a 0.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, 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 cost of $29.89 per share, with a total value of $29,890.00.

Flanigan’s Enterprises Stock Up 0.2%

Shares of NYSEAMERICAN:BDL opened at $29.65 on Friday. The firm has a market cap of $55.15 million, a PE ratio of 10.94 and a beta of 0.26. The company has a fifty day simple moving average of $30.57 and a 200 day simple moving average of $31.09. 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 12-month low of $22.61 and a 12-month high of $35.98.

Hedge Funds Weigh In On Flanigan’s Enterprises

Hedge funds have recently bought and sold shares of the company. Empowered Funds LLC increased 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 buying an additional 445 shares during the last quarter. Geode Capital Management LLC acquired a new position in shares of Flanigan’s Enterprises in the 2nd quarter worth approximately $249,000. Finally, Dimensional Fund Advisors LP increased its holdings 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 valued at $2,032,000 after acquiring an additional 516 shares during the last quarter. 11.03% of the stock is currently owned by institutional investors and hedge funds.

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.