Wilhelmina International (NASDAQ:WHLM) Coverage Initiated at StockNews.com

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

Wilhelmina International Stock Down 0.6 %

Wilhelmina International stock opened at $3.49 on Friday. The company has a fifty day simple moving average of $3.64 and a 200-day simple moving average of $4.58. The firm has a market capitalization of $18.00 million, a price-to-earnings ratio of 29.09 and a beta of 0.64. Wilhelmina International has a 52-week low of $2.74 and a 52-week high of $7.62.

Insider Activity at Wilhelmina International

In related 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 value of $36,800.00. Following the completion of the sale, the insider now owns 880,904 shares in the company, valued at approximately $3,523,616. This trade represents a 1.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 13,193 shares of company stock valued at $52,779. 48.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Wilhelmina International

A hedge fund recently raised its stake in Wilhelmina International stock. Dimensional Fund Advisors LP boosted its holdings in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 23,320 shares of the technology company’s stock after purchasing 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 filing with the SEC. 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.