Analyst IMS Investment Management Services Ltd. raised its stake in shares of Wix.com Ltd. (NASDAQ:WIX – Free Report) by 5.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 477,049 shares of the information services provider’s stock after buying an additional 25,135 shares during the period. Wix.com comprises about 1.4% of Analyst IMS Investment Management Services Ltd.’s portfolio, making the stock its 8th largest holding. Analyst IMS Investment Management Services Ltd. owned 0.85% of Wix.com worth $49,561,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently modified their holdings of WIX. Ameriprise Financial Inc. raised its position in Wix.com by 128.3% during the third quarter. Ameriprise Financial Inc. now owns 4,637,795 shares of the information services provider’s stock valued at $823,813,000 after acquiring an additional 2,606,204 shares in the last quarter. Lone Pine Capital LLC purchased a new stake in Wix.com in the 2nd quarter worth approximately $342,485,000. Wellington Management Group LLP grew its stake in shares of Wix.com by 90.4% during the 3rd quarter. Wellington Management Group LLP now owns 3,390,589 shares of the information services provider’s stock worth $602,270,000 after purchasing an additional 1,609,989 shares during the period. Durable Capital Partners LP purchased a new position in shares of Wix.com during the 3rd quarter valued at approximately $183,286,000. Finally, Holocene Advisors LP purchased a new position in shares of Wix.com during the 3rd quarter valued at approximately $115,982,000. Hedge funds and other institutional investors own 81.52% of the company’s stock.
Wix.com Stock Performance
Shares of NASDAQ WIX opened at $81.95 on Friday. The firm has a fifty day moving average of $81.27 and a 200 day moving average of $107.82. The firm has a market cap of $4.78 billion, a PE ratio of 101.17, a PEG ratio of 2.82 and a beta of 1.26. Wix.com Ltd. has a one year low of $60.22 and a one year high of $191.24.
Wix.com announced that its Board of Directors has approved a stock buyback program on Wednesday, January 28th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the information services provider to purchase up to 40.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the stock. Benchmark decreased their target price on shares of Wix.com from $185.00 to $140.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Wells Fargo & Company dropped their price target on shares of Wix.com from $176.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Zacks Research raised shares of Wix.com from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Piper Sandler assumed coverage on shares of Wix.com in a research note on Thursday, March 12th. They set a “neutral” rating and a $98.00 target price on the stock. Finally, Barclays dropped their target price on Wix.com from $205.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Wix.com presently has a consensus rating of “Moderate Buy” and an average price target of $128.70.
View Our Latest Report on Wix.com
Key Headlines Impacting Wix.com
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: Company confirmed final results of its modified Dutch‑auction tender offer — substantial shares were tendered at the indicated clearing price (~$92) which implies a meaningful share count reduction and direct capital return that can boost EPS and underpin the stock. Read More.
- Positive Sentiment: Strong quarterly cash‑earnings beat and an ambitious buyback program helped fuel a prior rally (a ~28% jump last month), signaling both operational resiliency and shareholder‑friendly capital allocation. Those fundamentals likely attracted buyers ahead of and during the tender. Read More.
- Positive Sentiment: Wix traded higher at times despite broader market weakness, showing relative strength likely tied to the buyback and the recent earnings beat. Read More.
- Neutral Sentiment: Street consensus remains mildly constructive — an aggregate “moderate buy” analyst stance — which supports a base of investor demand but leaves room for divergent views. Read More.
- Neutral Sentiment: Coverage notes the stock “gained despite” UBS’s downgrade; the market reaction suggests buyback/earnings news can offset rating changes in the short term. Read More.
- Negative Sentiment: UBS downgraded Wix (from Buy to Neutral / Underweight in some reports) and cut the price target (reported to $96 from $145), citing a potential core business slowdown and concerns around the Base44 investment — analyst downgrades can pressure near‑term flows and sentiment. Read More.
- Negative Sentiment: Analysts and commentators note the stock is down since the earnings release (Zacks highlights an ~11.8% decline since earnings), pointing to modest revenue miss vs. expectations, EPS trailing last year, and valuation concerns — these raise caution despite the buyback. Read More.
- Negative Sentiment: Some intraday selling is attributed to tender‑offer mechanics (arbitrageurs and event holders exiting after settlement) plus recent downgrades amplifying outflows — a technical, short‑term headwind even if fundamentals remain intact. Read More.
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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