Quantitative Investment Management LLC acquired a new stake in shares of Wix.com Ltd. (NASDAQ:WIX – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,343 shares of the information services provider’s stock, valued at approximately $605,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in shares of Wix.com by 47.4% in the fourth quarter. Principal Financial Group Inc. now owns 1,397,962 shares of the information services provider’s stock valued at $145,238,000 after purchasing an additional 449,699 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Wix.com by 216.4% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 52,837 shares of the information services provider’s stock worth $5,489,000 after buying an additional 36,140 shares during the period. Empowered Funds LLC bought a new position in Wix.com in the 1st quarter worth approximately $2,381,000. Temasek Holdings Private Ltd grew its stake in Wix.com by 82.4% in the 4th quarter. Temasek Holdings Private Ltd now owns 756,866 shares of the information services provider’s stock valued at $78,631,000 after buying an additional 341,869 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in Wix.com by 52.1% in the 1st quarter. Renaissance Technologies LLC now owns 576,049 shares of the information services provider’s stock valued at $51,885,000 after buying an additional 197,200 shares in the last quarter. Institutional investors own 81.52% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on WIX shares. Citigroup restated a “neutral” rating on shares of Wix.com in a research report on Wednesday, August 12th. UBS Group set a $75.00 price target on Wix.com in a research report on Wednesday, August 5th. Raymond James Financial lowered Wix.com from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the company from $75.00 to $70.00 in a research note on Thursday, July 30th. Benchmark reissued a “buy” rating on shares of Wix.com in a report on Wednesday, August 26th. Finally, Morgan Stanley downgraded Wix.com from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $112.00 to $60.00 in a research note on Tuesday, July 21st. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $90.57.
Wix.com Price Performance
NASDAQ WIX opened at $88.38 on Wednesday. The company’s 50 day simple moving average is $61.53 and its two-hundred day simple moving average is $66.58. Wix.com Ltd. has a 1 year low of $40.16 and a 1 year high of $190.93. The stock has a market capitalization of $5.15 billion, a PE ratio of -24.97, a P/E/G ratio of 41.95 and a beta of 1.02.
Wix.com (NASDAQ:WIX – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.26. The firm had revenue of $563.06 million during the quarter, compared to analyst estimates of $552.56 million. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.28 EPS. On average, research analysts anticipate that Wix.com Ltd. will post 0.24 EPS for the current year.
Key Wix.com News
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: Investor commentary points to Wix’s reported repurchase of roughly 24% of its shares in one quarter, which could support per-share results and signal management confidence. The stock has also recovered substantially from its 12-month low, although the buyback discussion is not a new company filing. Wix.com Stock Opinions on Share Buybacks and Market Performance
- Neutral Sentiment: Pomerantz announced that a securities class action has been filed against Wix and certain officers on behalf of investors who purchased shares between February 19, 2025, and May 12, 2026. Other law firms are soliciting investors to seek lead-plaintiff status, with deadlines generally listed as September 22 or September 23. These announcements add visibility to the issue but do not establish wrongdoing or represent a court judgment. Pomerantz Wix Class Action Filing
- Negative Sentiment: The lawsuits allege that Wix and executives overstated the competitiveness of its AI products, AI demand, product innovation and Base44 momentum, while understating competitive and financial risks. The claims follow a reported 27% share-price drop after the company’s first-quarter 2026 update, creating potential legal costs, reputational damage and uncertainty around Wix’s transition toward “vibe coding.” The allegations remain unproven. Wix Faces Securities Class Action
- Negative Sentiment: Director Ron Gutler sold 5,718 shares for approximately $488,000, reducing his direct position by about 27%. The transaction was executed under a pre-arranged Rule 10b5-1 plan, which limits its significance, but the absence of reported insider purchases may still weigh on sentiment. Wix Director Form 4 Filing
Insider Transactions at Wix.com
In related news, Director Ron Gutler sold 5,718 shares of Wix.com stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $85.42, for a total transaction of $488,431.56. Following the completion of the sale, the director owned 15,631 shares of the company’s stock, valued at approximately $1,335,200.02. This trade represents a 26.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 6.20% of the company’s stock.
Wix.com Company Profile
Wix.com Ltd. operates a cloud-based platform that enables individuals and businesses to create, manage and develop professional web presences through an intuitive drag-and-drop interface. The company’s software-as-a-service model provides hosting, customizable templates and a range of design tools, eliminating the need for coding expertise. Users can choose from a variety of premium plans to access custom domains, enhanced storage, and advanced performance features tailored to personal projects, small businesses and online storefronts.
Beyond its core website builder, Wix offers a suite of complementary services designed to support digital growth and marketing.
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