StockNews.com Initiates Coverage on Wilhelmina International (NASDAQ:WHLM)

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

Wilhelmina International Price Performance

Shares of NASDAQ:WHLM opened at $3.99 on Tuesday. The firm has a market capitalization of $20.59 million, a P/E ratio of 33.42 and a beta of 0.57. The business’s 50-day moving average is $3.82 and its 200 day moving average is $4.91. Wilhelmina International has a 1 year low of $3.02 and a 1 year high of $7.62.

Insider Activity at Wilhelmina International

In other Wilhelmina International news, major shareholder Omni Retail Enterprises, Llc sold 23,710 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $4.56, for a total value of $108,117.60. Following the completion of the transaction, the insider now owns 916,344 shares in the company, valued at approximately $4,178,528.64. This represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 47,456 shares of company stock worth $210,557 over the last quarter. Insiders own 48.50% of the company’s stock.

Institutional Investors Weigh In On Wilhelmina International

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

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.