Phoenix Financial Ltd. Buys 1,292,700 Shares of Similarweb Ltd. $SMWB

Key Points

• Phoenix Financial Ltd. boosted its Similarweb stake by 43.2% in the fourth quarter, buying 1,292,700 additional shares and ending with 4,285,786 shares valued at about $32.1 million.
• Other institutional investors also increased holdings, and hedge funds now own 57.59% of Similarweb’s stock, showing continued institutional interest in the company.
• Analysts are mixed on SMWB: several recently cut ratings and price targets, leaving the stock with a consensus “Hold” rating and an average price target of $7.07.

Phoenix Financial Ltd. increased its stake in shares of Similarweb Ltd. (NYSE:SMWB - Free Report) by 43.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,285,786 shares of the company's stock after buying an additional 1,292,700 shares during the quarter. Phoenix Financial Ltd. owned 5.05% of Similarweb worth $32,101,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Menora Mivtachim Holdings LTD. grew its stake in shares of Similarweb by 37.9% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 3,208,394 shares of the company's stock worth $29,838,000 after acquiring an additional 881,652 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Similarweb by 3.3% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,106,157 shares of the company's stock valued at $28,887,000 after purchasing an additional 100,000 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Similarweb by 163.6% during the third quarter. Wellington Management Group LLP now owns 2,457,805 shares of the company's stock valued at $22,858,000 after purchasing an additional 1,525,230 shares in the last quarter. Penn Capital Management Company LLC boosted its holdings in Similarweb by 299.4% during the third quarter. Penn Capital Management Company LLC now owns 1,646,094 shares of the company's stock worth $15,321,000 after purchasing an additional 1,233,928 shares during the last quarter. Finally, Portolan Capital Management LLC grew its position in Similarweb by 62.0% in the 3rd quarter. Portolan Capital Management LLC now owns 1,179,000 shares of the company's stock worth $10,965,000 after purchasing an additional 451,408 shares in the last quarter. 57.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SMWB shares. Northland Securities lowered shares of Similarweb from an "outperform" rating to a "market perform" rating and set a $5.00 price objective for the company. in a research note on Wednesday, February 18th. Citizens Jmp downgraded Similarweb from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 18th. Needham & Company LLC lowered Similarweb from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Oppenheimer dropped their price target on Similarweb from $7.00 to $4.00 and set an "outperform" rating on the stock in a report on Thursday, February 19th. Finally, Barclays cut their price objective on Similarweb from $7.00 to $5.00 and set an "overweight" rating on the stock in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $7.07.

Trending Headlines about Similarweb

Here are the key news stories impacting Similarweb this week:

• Positive Sentiment: Similarweb reported Q1 EPS of $0.01, matching analyst forecasts, and revenue of $73.88 million, slightly above expectations, which suggests the business is executing in line with investor hopes. Earnings report and conference call details
• Positive Sentiment: The company said it expects profitable AI-driven growth, and it expanded data coverage with Manus to deepen digital marketing insights, both of which support the growth narrative. Article about AI-driven growth Article about Manus partnership
• Positive Sentiment: Management outlined full-year 2026 revenue guidance of $307 million to $315 million and Q2 revenue guidance of $74.5 million to $76.5 million, reinforcing confidence in near-term growth. Revenue outlook article
• Neutral Sentiment: Similarweb also initiated CEO succession planning, with a transition expected by mid-2027, which is not an immediate operational change but could matter for longer-term leadership continuity. CEO succession planning article
• Neutral Sentiment: The company filed governance updates ahead of its May 28 AGM, including changes to executive pay policy and audit committee leadership, which are typically viewed as routine corporate actions. Governance update article
• Negative Sentiment: Despite the upbeat quarter, Similarweb remains unprofitable on a net basis, and analysts still expect a loss for the full year, which may limit enthusiasm. Stock profile and performance data

Similarweb Stock Up 7.2%

SMWB opened at $3.06 on Friday. The stock has a market cap of $267.62 million, a price-to-earnings ratio of -8.73 and a beta of 1.11. Similarweb Ltd. has a twelve month low of $2.22 and a twelve month high of $10.75. The company's 50-day moving average price is $2.73 and its two-hundred day moving average price is $5.11.

Similarweb (NYSE:SMWB - Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $73.88 million during the quarter, compared to analyst estimates of $73.04 million. Similarweb had a negative net margin of 10.38% and a negative return on equity of 46.98%. As a group, sell-side analysts anticipate that Similarweb Ltd. will post -0.09 earnings per share for the current year.

Similarweb Profile

Similarweb Ltd. NYSE: SMWB is a digital intelligence company that provides insights into website and mobile app performance. Its cloud-based platform aggregates and analyzes data on global web traffic, user engagement, and referral sources, enabling businesses to benchmark their digital presence against competitors. The company’s core offering includes metrics on audience behavior, traffic acquisition channels, and industry trends, which are designed to inform strategic decisions in marketing, sales, and product development.

Similarweb’s platform delivers a suite of tools for market research, competitor analysis, and performance optimization.

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