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

Equities research analysts at StockNews.com initiated coverage on shares of Wilhelmina International (NASDAQ:WHLM) in a research note issued to investors on Thursday. The firm set a “buy” rating on the technology company’s stock.

Wilhelmina International Stock Up 1.7 %

NASDAQ:WHLM opened at $4.15 on Thursday. Wilhelmina International has a 52 week low of $3.02 and a 52 week high of $7.62. The stock’s 50-day moving average price is $3.68 and its 200-day moving average price is $4.83. The stock has a market capitalization of $21.41 million, a PE ratio of 34.59 and a beta of 0.64.

Insider Activity

In related news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of the 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 completion of the transaction, the insider now directly owns 880,904 shares of the company’s stock, valued at approximately $3,523,616. This represents a 1.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 47,456 shares of company stock worth $210,557 in the last quarter. Corporate insiders own 48.50% of the company’s stock.

Institutional Investors Weigh In On Wilhelmina International

An institutional investor recently raised its position 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 currently owned by hedge funds and other 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.