Amundi Sells 255,686 Shares of Wix.com Ltd. $WIX

Key Points

• Amundi sharply reduced its Wix.com stake by selling 255,686 shares, a 93.4% decrease, leaving it with 18,014 shares valued at approximately $1.62 million. Institutional investors and hedge funds collectively own 81.52% of WIX.
• Wix reported quarterly results above expectations, with adjusted EPS of $1.39 versus $1.13 expected and revenue of $563.1 million, up 14.9% year over year. Investor attention remains focused on growth in its AI-powered Base44 product and whether related costs and higher marketing spending will delay margin expansion.
• Analyst sentiment is mixed: the consensus rating is Hold with an average price target of $91.10, while targets range from $62 to $109. Wix also faces securities class-action allegations related to disclosures about its AI competitiveness, Base44 costs and Wix Harmony; the claims have not been proven.

Amundi reduced its holdings in shares of Wix.com Ltd. (NASDAQ:WIX - Free Report) by 93.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,014 shares of the information services provider's stock after selling 255,686 shares during the quarter. Amundi's holdings in Wix.com were worth $1,623,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WIX. Farther Finance Advisors LLC increased its stake in shares of Wix.com by 122.2% during the fourth quarter. Farther Finance Advisors LLC now owns 240 shares of the information services provider's stock worth $25,000 after purchasing an additional 132 shares during the period. Flagship Harbor Advisors LLC bought a new stake in Wix.com in the 4th quarter valued at about $27,000. Geneos Wealth Management Inc. grew its position in shares of Wix.com by 632.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider's stock worth $41,000 after purchasing an additional 215 shares in the last quarter. Employees Retirement System of Texas grew its stake in Wix.com by 129.9% during the fourth quarter. Employees Retirement System of Texas now owns 446 shares of the information services provider's stock worth $46,000 after buying an additional 252 shares in the last quarter. Finally, Banque Cantonale Vaudoise raised its position in Wix.com by 464.8% during the fourth quarter. Banque Cantonale Vaudoise now owns 497 shares of the information services provider's stock valued at $52,000 after purchasing an additional 409 shares in the last quarter. 81.52% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Wix.com

Here are the key news stories impacting Wix.com this week:

• Positive Sentiment: Wix’s recent quarterly results exceeded expectations, with adjusted EPS of $1.39 versus the $1.13 consensus estimate and revenue of $563.1 million compared with $552.6 million expected. Revenue increased 14.9% year over year. Wix.com Shares Up 14.6% Following Strong Earnings
• Positive Sentiment: Analysts at Needham, Cantor Fitzgerald and Benchmark reiterated favorable views or projected meaningful upside, providing support after Wix’s 21.3% July rebound. Wix.com Earns Buy Rating from Needham
• Positive Sentiment: Investor-focused coverage highlighted stronger Self Creators growth and demand for Wix’s Base44 artificial-intelligence product. Management is targeting approximately 60% non-GAAP gross margins for Base44 in the second half of 2026, although broader revenue growth guidance remains in the low-to-mid teens. Wix Targets Base44 Gross Margin
• Neutral Sentiment: Analysts and market commentary remain focused on whether Base44 demand and lower AI inference costs can offset increased marketing spending and softness among Wix Partners, potentially delaying operating-margin expansion. Wix Q2 Results Put Base44 Growth and Margin Reinvestment in Focus
• Negative Sentiment: Multiple law firms announced or promoted a securities class action covering investors who purchased Wix securities from February 19, 2025, through May 12, 2026. The lawsuits allege investors were harmed by disclosures involving Wix’s AI competitiveness, Base44 costs and Wix Harmony. The lead-plaintiff application deadline is September 22, 2026. The allegations have not been proven. Kaplan Fox Class Action Notice

Wix.com Price Performance

Shares of WIX opened at $60.20 on Friday. The stock's fifty day moving average price is $50.82 and its two-hundred day moving average price is $66.97. Wix.com Ltd. has a 1 year low of $40.16 and a 1 year high of $190.93. The firm has a market cap of $3.51 billion, a PE ratio of -17.01, a PEG ratio of 172.17 and a beta of 0.90.

Wix.com (NASDAQ:WIX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information services provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.13 by $0.26. Wix.com had a negative return on equity of 1.61% and a negative net margin of 8.19%.The business had revenue of $563.06 million for the quarter, compared to analysts' expectations of $552.56 million. During the same quarter in the prior year, the firm posted $2.28 EPS. The firm's quarterly revenue was up 14.9% on a year-over-year basis. Sell-side analysts anticipate that Wix.com Ltd. will post 0.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WIX. JPMorgan Chase & Co. reduced their price objective on Wix.com from $86.00 to $62.00 and set an "underweight" rating on the stock in a research note on Thursday, June 18th. Benchmark raised their target price on Wix.com from $85.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday. Raymond James Financial downgraded Wix.com from a "strong-buy" rating to an "outperform" rating and lowered their target price for the stock from $75.00 to $70.00 in a report on Thursday, July 30th. Bank of America decreased their target price on Wix.com from $136.00 to $109.00 and set a "buy" rating for the company in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company upped their price target on Wix.com from $46.00 to $64.00 and gave the stock an "equal weight" rating in a research note on Wednesday. Eleven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $91.10.

Wix.com 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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