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

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

Wilhelmina International Trading Down 0.6 %

WHLM opened at $3.49 on Friday. The company has a 50 day moving average of $3.64 and a 200 day moving average of $4.58. Wilhelmina International has a 12 month low of $2.74 and a 12 month high of $7.62. The company has a market cap of $18.00 million, a PE ratio of 29.09 and a beta of 0.64.

Insider Buying and Selling at Wilhelmina International

In other Wilhelmina International news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $4.00, for a total value of $36,800.00. Following the transaction, the insider now directly owns 880,904 shares in the company, valued at $3,523,616. This represents a 1.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 13,193 shares of company stock valued at $52,779 in the last quarter. 48.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Wilhelmina International

An institutional investor recently raised its position in Wilhelmina International stock. Dimensional Fund Advisors LP boosted its stake in Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 and hedge funds.

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.