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

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

Wilhelmina International Stock Down 1.0 %

WHLM stock opened at $3.93 on Wednesday. Wilhelmina International has a 52 week low of $3.02 and a 52 week high of $7.62. The firm has a market capitalization of $20.28 million, a P/E ratio of 32.75 and a beta of 0.64. The company has a fifty day simple moving average of $3.71 and a two-hundred day simple moving average of $4.88.

Insider Buying and Selling

In other news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of the stock in a transaction on Monday, October 14th. The shares were sold at an average price of $4.00, for a total value of $36,800.00. Following the sale, the insider now owns 880,904 shares of the company’s stock, valued at approximately $3,523,616. This represents a 1.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last quarter, insiders sold 47,456 shares of company stock worth $210,557. Corporate 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 grew its stake in Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,320 shares of the technology company’s stock after acquiring an additional 6,560 shares during the period. Dimensional Fund Advisors LP owned 0.45% of Wilhelmina International worth $127,000 at the end of the most recent reporting period. 20.01% of the stock is currently 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.