Key Points
- CEO James Flanigan II bought 866 shares on Dec. 29 at about $30.00 and had bought 1,000 shares on Dec. 26 at $29.89, bringing his total direct stake to 980,996 shares valued at roughly $29.43 million (a ~0.09% ownership increase).
- Flanigan's Enterprises shares trade near $29.65 with a market capitalization of about $55.15 million and a trailing P/E of 10.94, within a 12‑month range of $22.61 to $35.98.
- Institutional investors own about 11.03% of the company, with recent stake increases by Dimensional Fund Advisors, Empowered Funds and a new position from Geode Capital Management.
Flanigan's Enterprises, Inc. (NYSEAMERICAN:BDL - Get Free Report) CEO James Flanigan II acquired 866 shares of the firm's stock in a transaction that occurred on 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 directly owned 980,996 shares in the company, valued at $29,429,880. The trade was a 0.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
James Flanigan II also recently made the following trade(s):
- On Friday, December 26th, James Flanigan II bought 1,000 shares of Flanigan's Enterprises stock. The stock was bought at an average price of $29.89 per share, with a total value of $29,890.00.
Flanigan's Enterprises Trading Up 0.2%
Shares of Flanigan's Enterprises stock opened at $29.65 on Friday. 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. The firm has a market capitalization of $55.15 million, a price-to-earnings ratio of 10.94 and a beta of 0.26. The firm's 50 day simple moving average is $30.57 and its two-hundred day simple moving average is $31.09.
Institutional Trading of Flanigan's Enterprises
Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased 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 purchasing an additional 516 shares during the period. Empowered Funds LLC lifted its holdings in shares of Flanigan's Enterprises by 3.1% during the first quarter. Empowered Funds LLC now owns 14,725 shares of the company's stock worth $364,000 after purchasing an additional 445 shares during the period. Finally, Geode Capital Management LLC purchased a new stake in Flanigan's Enterprises in the second quarter valued at approximately $249,000. Hedge funds and other institutional investors own 11.03% of the company's stock.
About Flanigan's Enterprises
(
Get Free Report)
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.
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