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

Equities research analysts at StockNews.com assumed coverage on shares of Wilhelmina International (NASDAQ:WHLM) in a research report issued to clients and investors on Saturday. The brokerage set a “buy” rating on the technology company’s stock.

Wilhelmina International Trading Down 3.1 %

Wilhelmina International stock opened at $3.09 on Friday. The firm has a market cap of $15.94 million, a P/E ratio of 25.75 and a beta of 0.64. Wilhelmina International has a 1-year low of $3.02 and a 1-year high of $7.62. The firm has a 50-day moving average of $3.63 and a 200-day moving average of $4.65.

Insider Activity

In other news, major shareholder Omni Retail Enterprises, Llc sold 9,200 shares of the firm’s stock in a transaction dated 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 directly owns 880,904 shares of the company’s stock, 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 SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 13,193 shares of company stock valued at $52,779. Company 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 boosted its stake in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 20.01% of the company’s stock.

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.