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

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

Wilhelmina International Stock Performance

Shares of WHLM stock opened at $3.45 on Friday. Wilhelmina International has a fifty-two week low of $3.02 and a fifty-two week high of $7.62. The stock’s fifty day moving average is $4.07 and its two-hundred day moving average is $4.95. The firm has a market capitalization of $17.80 million, a P/E ratio of 26.54 and a beta of 0.57.

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

Insider Activity

In related news, major shareholder Omni Retail Enterprises, Llc sold 7,500 shares of Wilhelmina International stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $4.31, for a total transaction 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 trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold 47,456 shares of company stock worth $210,557 over the last ninety days. Corporate insiders own 48.50% of the company’s stock.

Hedge Funds Weigh In On Wilhelmina International

A hedge fund recently raised its stake in Wilhelmina International stock. Dimensional Fund Advisors LP lifted its position in shares of Wilhelmina International, Inc. (NASDAQ:WHLM) by 39.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 filing with the Securities and Exchange Commission (SEC). 20.01% of the stock is owned by institutional investors.

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.