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

Research analysts at StockNews.com assumed coverage on shares of Wilhelmina International (NASDAQ:WHLM) in a report released on Thursday. The brokerage set a “buy” rating on the technology company’s stock.

Wilhelmina International Price Performance

Wilhelmina International stock opened at $4.14 on Thursday. The firm has a market capitalization of $21.35 million, a P/E ratio of 34.50 and a beta of 0.64. The stock has a fifty day moving average price of $3.68 and a two-hundred day moving average price of $4.82. Wilhelmina International has a 52-week low of $3.02 and a 52-week high of $7.62.

Insider Activity at Wilhelmina International

In related news, major shareholder Omni Retail Enterprises, Llc sold 23,710 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $4.56, for a total transaction of $108,117.60. Following the sale, the insider now directly owns 916,344 shares in the company, valued at $4,178,528.64. This represents a 2.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 47,356 shares of company stock valued at $210,051 in the last ninety 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 lifted its holdings in Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 about 0.45% of Wilhelmina International worth $127,000 at the end of the most recent quarter. 20.01% of the stock is 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.