Quantitative Investment Management LLC Takes Position in Wix.com Ltd. $WIX

Key Points

• Quantitative Investment Management initiated a position in Wix.com during the second quarter, buying 13,343 shares valued at approximately $605,000. Institutional investors collectively own 81.52% of Wix’s outstanding stock.
• Analyst sentiment remains mixed: 11 analysts rate Wix a Buy, 10 a Hold and two a Sell, with an average price target of $90.57. Recent targets range from $60 to $75, while JPMorgan assigned an Underweight rating with a $62 target.
• Wix reported quarterly revenue of $563.06 million, up 14.9% year over year, and adjusted earnings of $1.39 per share, beating estimates. However, the company posted a negative net margin, and its shares remain well below the 52-week high of $190.93.

Quantitative Investment Management LLC purchased a new position in shares of Wix.com Ltd. (NASDAQ:WIX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,343 shares of the information services provider's stock, valued at approximately $605,000.

A number of other institutional investors and hedge funds have also bought and sold shares of WIX. Hsbc Holdings PLC lifted its stake in Wix.com by 11,894.0% during the 1st quarter. Hsbc Holdings PLC now owns 3,529,474 shares of the information services provider's stock valued at $318,676,000 after acquiring an additional 3,500,047 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Wix.com by 879.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,031,591 shares of the information services provider's stock worth $321,926,000 after acquiring an additional 1,824,070 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Wix.com by 90.4% in 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 acquiring an additional 1,609,989 shares in the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in shares of Wix.com in the fourth quarter valued at about $150,622,000. Finally, Atreides Management LP purchased a new stake in shares of Wix.com in the fourth quarter valued at about $129,598,000. 81.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. UBS Group set a $75.00 price objective on shares of Wix.com in a research report on Wednesday, August 5th. Raymond James Financial cut shares of Wix.com from a "strong-buy" rating to an "outperform" rating and dropped their target price for the stock from $75.00 to $70.00 in a research report on Thursday, July 30th. Weiss Ratings reissued a "sell (d)" rating on shares of Wix.com in a research report on Wednesday, August 26th. JPMorgan Chase & Co. cut their target price 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. Finally, Royal Bank Of Canada upped their target price on Wix.com from $45.00 to $60.00 and gave the company a "sector perform" rating in a report on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $90.57.

Trending Headlines about Wix.com

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

Wix.com Stock Performance

WIX opened at $88.38 on Wednesday. Wix.com Ltd. has a fifty-two week low of $40.16 and a fifty-two week high of $190.93. The firm has a 50-day moving average of $61.53 and a 200 day moving average of $66.58. The firm has a market cap of $5.15 billion, a P/E ratio of -24.97, a PEG ratio of 41.95 and a beta of 1.02.

Wix.com (NASDAQ:WIX - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.13 by $0.26. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The business had revenue of $563.06 million for the quarter, compared to analyst estimates of $552.56 million. During the same quarter in the previous year, the firm posted $2.28 earnings per share. The company's revenue for the quarter was up 14.9% on a year-over-year basis. Equities research analysts predict that Wix.com Ltd. will post 0.24 earnings per share for the current fiscal year.

Insider Activity at Wix.com

In related news, Director Ron Gutler sold 5,718 shares of Wix.com stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $85.42, for a total value of $488,431.56. Following the sale, the director owned 15,631 shares of the company's stock, valued at approximately $1,335,200.02. The trade was a 26.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 6.20% of the company's stock.

About Wix.com

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.

Want to see what other hedge funds are holding WIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wix.com Ltd. (NASDAQ:WIX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source