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

StockNews.com initiated coverage on shares of Wilhelmina International (NASDAQ:WHLM) in a report published on Monday morning. The firm issued a buy rating on the technology company’s stock.

Wilhelmina International Stock Up 4.4 %

Shares of WHLM stock opened at $3.84 on Monday. The firm has a market cap of $19.82 million, a price-to-earnings ratio of 32.02 and a beta of 0.57. Wilhelmina International has a 52-week low of $3.02 and a 52-week high of $7.62. The company’s 50 day moving average is $3.86 and its 200 day moving average is $4.91.

Insider Buying and Selling at Wilhelmina International

In related news, major shareholder Omni Retail Enterprises, Llc sold 7,500 shares of the stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $4.31, for a total value of $32,325.00. Following the transaction, the insider now owns 908,844 shares in the company, valued at approximately $3,917,117.64. This represents a 0.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders sold 47,456 shares of company stock worth $210,557. 48.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Wilhelmina International stock. Dimensional Fund Advisors LP grew its position in Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm 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 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 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.