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

Stock analysts at StockNews.com initiated coverage on shares of Wilhelmina International (NASDAQ:WHLM) in a research report issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.

Wilhelmina International Stock Performance

Shares of NASDAQ WHLM opened at $3.95 on Tuesday. The firm’s fifty day moving average is $3.82 and its two-hundred day moving average is $4.91. Wilhelmina International has a 52-week low of $3.02 and a 52-week high of $7.62. The company has a market cap of $20.38 million, a P/E ratio of 32.92 and a beta of 0.57.

Insider Buying and Selling at Wilhelmina International

In related news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of the company’s stock in a transaction on Monday, October 14th. The shares were sold at an average price of $4.00, for a total transaction of $36,800.00. Following the sale, the insider now owns 880,904 shares of the company’s stock, valued at $3,523,616. This represents a 1.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 47,456 shares of company stock worth $210,557 in the last quarter. 48.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Wilhelmina International

An institutional investor recently raised its position in Wilhelmina International stock. Dimensional Fund Advisors LP increased 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 SEC. 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 quarter. 20.01% of the stock is currently owned by institutional investors.

About Wilhelmina International

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.