NAPERVILLE, IL—Rajesh Gupta, a significant stakeholder in Wilhelmina International, Inc. (NASDAQ:WHLM), has reported the sale of 300 shares of common stock. The transaction, executed on October 16, 2024, was completed at an average price of $3.9601 per share, resulting in a total sale value of approximately $1,188.
Gupta, who is linked to Omni Retail Enterprises, LLC and Omni Holdings Management, LLC, retains a substantial holding of 880,604 shares following this transaction. The sale was carried out under direct ownership, as noted in the recent SEC filing. The entities involved have clarified that they disclaim beneficial ownership beyond their pecuniary interest.
This update is part of the regular disclosure requirements for significant shareholders, providing transparency on changes in their holdings.
InvestingPro Insights
In light of Rajesh Gupta's recent sale of Wilhelmina International, Inc. (NASDAQ:WHLM) shares, it's worth examining some key financial metrics and insights provided by InvestingPro.
According to InvestingPro data, WHLM's market capitalization stands at $19.55 million, with a price-to-earnings (P/E) ratio of 31.32. This relatively high P/E ratio aligns with one of the InvestingPro Tips, which notes that the stock is "trading at a high earnings multiple." This valuation metric could be a factor for investors to consider in relation to Gupta's decision to sell a portion of his holdings.
Another relevant InvestingPro Tip highlights that the stock has "fared poorly over the last month," with data showing a 1-month price total return of -27.12%. This recent downward trend might provide context for the timing of Gupta's sale, although it's important to note that the stock is also "trading near 52-week low," according to another tip.
Despite these short-term challenges, WHLM remains profitable, with a reported revenue of $17.0 million in the last twelve months as of Q2 2024. The company also "holds more cash than debt on its balance sheet," which could be seen as a positive sign for its financial stability.
For investors seeking a more comprehensive analysis, InvestingPro offers additional tips and insights. In fact, there are 5 more InvestingPro Tips available for WHLM, which could provide further context to the company's financial position and market performance.
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