Westwood Holdings Group (NYSE:WHG) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Westwood Holdings Group Inc (NYSE:WHG)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.28 and traded as high as $18.35. Westwood Holdings Group shares last traded at $18.1030, with a volume of 8,173 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

Westwood Holdings Group Stock Performance

The stock’s 50-day moving average is $17.69 and its two-hundred day moving average is $17.28. The stock has a market cap of $170.35 million, a PE ratio of 22.08 and a beta of 0.76.

Insider Transactions at Westwood Holdings Group

In related news, CEO Brian O. Casey sold 8,341 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $16.55, for a total transaction of $138,043.55. Following the transaction, the chief executive officer owned 492,359 shares of the company’s stock, valued at approximately $8,148,541.45. This represents a 1.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders sold 11,965 shares of company stock worth $197,854. 8.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. acquired a new stake in Westwood Holdings Group in the 1st quarter valued at about $213,000. Empowered Funds LLC increased its stake in shares of Westwood Holdings Group by 8.7% during the first quarter. Empowered Funds LLC now owns 28,751 shares of the asset manager’s stock worth $466,000 after buying an additional 2,291 shares during the period. Jane Street Group LLC acquired a new stake in Westwood Holdings Group in the first quarter valued at approximately $366,000. Settian Capital LP acquired a new stake in Westwood Holdings Group in the second quarter valued at approximately $6,708,000. Finally, Geode Capital Management LLC lifted its stake in Westwood Holdings Group by 141.0% in the second quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock worth $2,515,000 after acquiring an additional 94,311 shares during the last quarter. 56.64% of the stock is owned by institutional investors and hedge funds.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc is an independent, publicly traded asset management firm founded in 1983 and headquartered in Kansas City, Missouri. Through its wholly owned subsidiaries, the company offers a range of investment advisory services tailored to institutional, retail, and high-net-worth clients. Westwood’s disciplined, value-oriented approach guides its research process across equity and fixed-income markets, with an emphasis on fundamental analysis and long-term risk management.

The firm’s product lineup includes U.S.