Wilhelmina International (NASDAQ:WHLM) Earns Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Wilhelmina International (NASDAQ:WHLM) in a report released on Saturday morning. The firm issued a buy rating on the technology company’s stock.

Wilhelmina International Price Performance

WHLM opened at $3.50 on Friday. The business has a 50 day moving average price of $3.63 and a two-hundred day moving average price of $4.64. The company has a market capitalization of $18.05 million, a price-to-earnings ratio of 29.17 and a beta of 0.64. Wilhelmina International has a 1-year low of $2.74 and a 1-year high of $7.62.

Insider Buying and Selling

In other Wilhelmina International news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of the company’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $4.00, for a total value of $36,800.00. Following the transaction, the insider now owns 880,904 shares of the company’s stock, valued at approximately $3,523,616. This represents a 1.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 13,193 shares of company stock valued at $52,779 over the last three months. Company 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 position in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,320 shares of the technology company’s stock after buying 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 quarter. 20.01% of the stock is currently 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.