Wilhelmina International (NASDAQ:WHLM) Shares Pass Below 200 Day Moving Average – What’s Next?

Wilhelmina International, Inc. (NASDAQ:WHLM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.13 and traded as low as $3.34. Wilhelmina International shares last traded at $3.46, with a volume of 83,098 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Wilhelmina International in a research report on Friday. They set a “buy” rating on the stock.

Wilhelmina International Stock Performance

The company has a market cap of $17.84 million, a PE ratio of 43.25 and a beta of 0.54. The company has a fifty day moving average of $4.73 and a two-hundred day moving average of $5.12.

Wilhelmina International (NASDAQ:WHLM) last announced its earnings results on Wednesday, August 14th. The technology company reported $0.05 earnings per share for the quarter. The business had revenue of $4.59 million for the quarter. Wilhelmina International had a net margin of 3.68% and a return on equity of 2.51%.

Insiders Place Their Bets

In other news, major shareholder Omni Retail Enterprises, Llc sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $4.31, for a total transaction of $32,325.00. Following the transaction, the insider now owns 908,844 shares of the company’s stock, valued at approximately $3,917,117.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 47,456 shares of company stock valued at $210,557 over the last 90 days. Insiders own 48.50% of the company’s stock.

Hedge Funds Weigh In On Wilhelmina International

A hedge fund recently raised its stake in Wilhelmina International stock. Dimensional Fund Advisors LP raised its holdings in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,320 shares of the technology company’s stock after purchasing an additional 6,560 shares during the quarter. Dimensional Fund Advisors LP owned 0.45% of Wilhelmina International worth $127,000 at the end of the most recent reporting period. 20.01% of the stock is owned by institutional investors and hedge funds.

Wilhelmina International Company Profile

Wilhelmina International, Inc primarily engages in the fashion model management business. The company specializes in the representation and management of models, entertainers, athletes, and other talent to various clients, including retailers, designers, advertising agencies, print and electronic media and catalog companies.