Wilhelmina International (NASDAQ:WHLM) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Wilhelmina International, Inc. (NASDAQ:WHLM) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.13 and traded as low as $3.34. Wilhelmina International shares last traded at $3.46, with a volume of 83,098 shares.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Wilhelmina International in a report on Friday. They set a “buy” rating on the stock.

Wilhelmina International Stock Performance

The company has a market cap of $17.84 million, a P/E ratio of 43.25 and a beta of 0.54. The firm’s fifty day moving average is $4.73 and its two-hundred day moving average is $5.12.

Wilhelmina International (NASDAQ:WHLM) last announced its quarterly earnings data on Wednesday, August 14th. The technology company reported $0.05 EPS for the quarter. Wilhelmina International had a return on equity of 2.51% and a net margin of 3.68%. The business had revenue of $4.59 million for the quarter.

Insiders Place Their Bets

In other news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of Wilhelmina International stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $4.00, for a total transaction of $36,800.00. Following the sale, the insider now owns 880,904 shares in the company, valued at $3,523,616. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold 47,456 shares of company stock worth $210,557 in the last three months. 48.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Wilhelmina International stock. Dimensional Fund Advisors LP boosted its position in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,320 shares of the technology company’s stock after buying an additional 6,560 shares during the period. Dimensional Fund Advisors LP owned approximately 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.