BW Gestao de Investimentos Ltda. Purchases New Position in Wix.com Ltd. $WIX

Key Points

• BW Gestao de Investimentos Ltda. opened a new position in Wix.com, acquiring 88,000 shares valued at approximately $15,631,000, representing about 0.16% of Wix and 0.7% of BW Gestao's portfolio (its 28th largest holding).
• Several large institutions have been increasing exposure—Lone Pine ($342.5M new stake), Ameriprise (added ~1.82M shares), Senvest, Norges Bank and Lazard among them—leaving institutional investors with about 81.52% ownership of Wix.
• Wix reported ~15% Q4 bookings growth, beat EPS estimates, and launched a $2.0 billion buyback (authorizing repurchases of up to 40.5% of shares), which aided a March rally, though mixed analyst ratings and recent downgrades have created near-term volatility.

BW Gestao de Investimentos Ltda. acquired a new position in Wix.com Ltd. (NASDAQ:WIX - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 88,000 shares of the information services provider's stock, valued at approximately $15,631,000. Wix.com makes up about 0.7% of BW Gestao de Investimentos Ltda.'s investment portfolio, making the stock its 28th largest holding. BW Gestao de Investimentos Ltda. owned about 0.16% of Wix.com at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in WIX. Lone Pine Capital LLC purchased a new stake in Wix.com during the second quarter worth $342,485,000. Ameriprise Financial Inc. increased its holdings in Wix.com by 879.0% in the second quarter. Ameriprise Financial Inc. now owns 2,031,591 shares of the information services provider's stock valued at $321,926,000 after buying an additional 1,824,070 shares in the last quarter. Senvest Management LLC raised its position in shares of Wix.com by 32.2% in the second quarter. Senvest Management LLC now owns 2,040,910 shares of the information services provider's stock worth $323,403,000 after acquiring an additional 496,770 shares during the period. Norges Bank acquired a new position in shares of Wix.com in the second quarter worth about $66,132,000. Finally, Lazard Asset Management LLC boosted its stake in shares of Wix.com by 27.4% during the 2nd quarter. Lazard Asset Management LLC now owns 1,542,153 shares of the information services provider's stock worth $244,368,000 after acquiring an additional 331,283 shares in the last quarter. Institutional investors and hedge funds own 81.52% of the company's stock.

Key Stories Impacting Wix.com

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

• Positive Sentiment: Cantor Fitzgerald reiterates bullish stance and remains constructive on Wix after the company’s recent results, supporting the view that fundamentals (revenue growth) are intact. Cantor Fitzgerald remains bullish on Wix.com (WIX)
• Positive Sentiment: Wix reported strong underlying metrics recently (including ~15% Q4 bookings growth) and announced an aggressive plan to mostly finish its $2B buyback this year — key catalysts that drove the stock’s rally earlier in March. Wix.com (WIX) Registers 15% Growth in Q4 Bookings
• Positive Sentiment: Coverage noting a 33% weekly jump on revenue growth and the buyback underscores momentum and investor interest stemming from the company’s recent financials and capital return plan. Wix.com (WIX) Climbs 33% on Revenue Growth, Aggressive Buyback
• Neutral Sentiment: Brokerage consensus remains mixed-to-positive — one aggregator shows an average rating around “Moderate Buy,” indicating some continued analyst support even as opinions diverge. Wix.com Ltd. NASDAQ: WIX Given Average Rating of "Moderate Buy" by Brokerages
• Neutral Sentiment: Coverage explains February’s sharp pullback was driven by AI-disruption fears; the subsequent rebound in March is attributed to a stronger-than-feared earnings report — this context helps explain volatility but is not a clear directional catalyst. Why Wix.com Stock Fell 18.9% In February Before Soaring To Start March
• Negative Sentiment: Robert W. Baird downgraded Wix from Outperform to Neutral and cut its price target to $90 (from $115), citing valuation after the recent rally — that downgrade is a near-term headwind and likely the primary driver of today’s pullback. Baird cuts Wix.com stock rating on valuation after recent rally
• Negative Sentiment: Wall Street Zen also lowered its rating recently, adding to the selling pressure from downgrades and signaling lingering analyst concern about valuation and/or near-term growth risk. Wix.com NASDAQ: WIX Stock Rating Lowered by Wall Street Zen

Wix.com Trading Down 2.0%

NASDAQ:WIX opened at $92.00 on Tuesday. The business's fifty day moving average price is $82.77 and its 200 day moving average price is $115.36. The firm has a market capitalization of $5.36 billion, a price-to-earnings ratio of 113.58, a PEG ratio of 2.02 and a beta of 1.40. Wix.com Ltd. has a 1-year low of $60.22 and a 1-year high of $191.24.

Wix.com (NASDAQ:WIX - Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The information services provider reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.45. The firm had revenue of $524.27 million during the quarter, compared to analyst estimates of $527.69 million. Wix.com had a negative return on equity of 70.04% and a net margin of 2.54%.The business's quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company posted $2.10 EPS. Equities analysts forecast that Wix.com Ltd. will post 3.65 earnings per share for the current year.

Wix.com announced that its Board of Directors has initiated a share repurchase plan on Wednesday, January 28th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the information services provider to buy up to 40.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Benchmark cut their price target on Wix.com from $185.00 to $140.00 and set a "buy" rating for the company in a research note on Monday, March 2nd. B. Riley Financial restated a "buy" rating and issued a $200.00 price objective (down from $230.00) on shares of Wix.com in a research report on Thursday, November 20th. Evercore reduced their target price on Wix.com from $250.00 to $160.00 and set an "outperform" rating for the company in a research note on Thursday, November 20th. Zacks Research raised shares of Wix.com from a "strong sell" rating to a "hold" rating in a report on Friday, January 30th. Finally, Scotiabank decreased their price objective on shares of Wix.com from $175.00 to $125.00 and set a "sector outperform" rating on the stock in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Wix.com presently has an average rating of "Moderate Buy" and a consensus target price of $140.50.

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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