Tidal Investments LLC Sells 14,077 Shares of Wix.com Ltd. $WIX

Key Points

• Tidal Investments cut its Wix.com position by 38.3% in the second quarter, selling 14,077 shares and retaining 22,707 shares valued at approximately $1.03 million. Institutional investors own 81.52% of Wix stock.
• Wix reported quarterly revenue of $563.06 million, up 14.9% year over year, and adjusted earnings of $1.39 per share, exceeding analyst expectations of $1.13.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $90.57. Positive attention centers on Wix’s Base44 AI business and potential margin improvements, while securities litigation allegations create additional uncertainty.

Tidal Investments LLC lowered its holdings in Wix.com Ltd. (NASDAQ:WIX - Free Report) by 38.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,707 shares of the information services provider's stock after selling 14,077 shares during the quarter. Tidal Investments LLC's holdings in Wix.com were worth $1,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Employees Retirement System of Texas increased its holdings in Wix.com by 129.9% in the 4th 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. Banque Cantonale Vaudoise boosted its holdings in shares of Wix.com by 464.8% during the 4th quarter. Banque Cantonale Vaudoise now owns 497 shares of the information services provider's stock valued at $52,000 after acquiring an additional 409 shares during the last quarter. National Pension Service bought a new stake in shares of Wix.com in the fourth quarter worth approximately $58,000. TD Private Client Wealth LLC grew its position in Wix.com by 18.7% in the 4th quarter. TD Private Client Wealth LLC now owns 940 shares of the information services provider's stock worth $98,000 after purchasing an additional 148 shares during the period. Finally, Global Retirement Partners LLC increased its position in Wix.com by 77.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,441 shares of the information services provider's stock valued at $150,000 after acquiring an additional 629 shares during the last quarter. 81.52% of the stock is owned by institutional investors.

Wix.com Stock Down 1.8%

Shares of WIX opened at $78.49 on Friday. Wix.com Ltd. has a 52-week low of $40.16 and a 52-week high of $185.99. The company has a market cap of $4.58 billion, a PE ratio of -22.17, a P/E/G ratio of 37.31 and a beta of 1.02. The business has a fifty day moving average of $69.70 and a 200 day moving average of $67.57.

Wix.com (NASDAQ:WIX - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, beating 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 company had revenue of $563.06 million for the quarter, compared to the consensus estimate of $552.56 million. During the same period in the prior year, the firm posted $2.28 EPS. The firm's revenue was up 14.9% compared to the same quarter last year. As a group, research analysts anticipate that Wix.com Ltd. will post 0.24 earnings per share for the current fiscal year.

Insider Transactions at Wix.com

In other Wix.com news, CEO Avishai Abrahami purchased 654 shares of the stock in a transaction dated Monday, August 31st. The stock was purchased at an average price of $59.89 per share, with a total value of $39,168.06. Following the transaction, the chief executive officer owned 486,225 shares of the company's stock, valued at approximately $29,120,015.25. This trade represents a 0.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Omer Shai purchased 490 shares of the business's stock in a transaction dated Monday, August 31st. The stock was bought at an average price of $59.89 per share, for a total transaction of $29,346.10. Following the completion of the acquisition, the chief marketing officer directly owned 515,879 shares in the company, valued at approximately $30,895,993.31. This trade represents a 0.10% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 2,622 shares of company stock valued at $157,032 in the last ninety days. Corporate insiders own 6.20% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on WIX. Scotiabank reaffirmed an "outperform" rating on shares of Wix.com in a report on Tuesday, June 9th. Raymond James Financial cut Wix.com from a "strong-buy" rating to an "outperform" rating and lowered their price objective for the company from $75.00 to $70.00 in a research report on Thursday, July 30th. Wedbush boosted their price objective on Wix.com from $55.00 to $80.00 and gave the company a "neutral" rating in a research note on Thursday, August 20th. Benchmark reissued a "buy" rating on shares of Wix.com in a report on Wednesday, August 26th. Finally, Evercore set a $95.00 target price on shares of Wix.com in a report on Tuesday, August 4th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Wix.com has a consensus rating of "Hold" and a consensus price target of $90.57.

Key Stories Impacting Wix.com

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

• Positive Sentiment: Oppenheimer said Wix’s Base44 business strength and improving margins support continued investment and growth. The assessment provides a favorable view of Wix’s AI-related expansion and longer-term earnings potential. Wix.com's Base44 Strength, Margin Gains Support Growth Investment, Oppenheimer Says
• Positive Sentiment: A Zacks analysis highlighted Wix’s expectation that proprietary AI models could reduce costs, lift Base44 margins to approximately 60%, and improve consolidated margins during the second half of 2026. If achieved, these initiatives could strengthen profitability and support investment in growth. Will AI Cost Optimization Improve Wix's Margin Profile in 2026?
• Neutral Sentiment: Multiple law firms reiterated that investors have until September 22, 2026 to seek appointment as lead plaintiff in a securities class action involving Wix securities purchased between February 19, 2025, and May 12, 2026. The repeated notices largely restate the same litigation and deadline rather than represent new operating developments. Wix Securities Class Action Deadline Notice
• Negative Sentiment: The lawsuit-related announcements allege that Wix and certain executives made misleading or incomplete AI-related disclosures before a sharp share-price decline following the company’s first-quarter 2026 results. The allegations have not been proven, but the litigation creates legal, financial, and reputational uncertainty and is likely weighing on sentiment. Pomerantz Wix Class Action Announcement

About Wix.com

Wix.com Ltd. is an Israeli software company that operates a cloud-based website development platform. Its services enable individuals, entrepreneurs, small businesses and organizations to create, manage and grow websites without requiring extensive coding expertise.

The company offers customizable website templates and visual design tools, along with domain registration, web hosting, content management, search engine optimization and online marketing capabilities. Wix also provides tools for e-commerce, online payments, bookings, events, restaurants and other business operations, as well as professional development products through Wix Studio and third-party applications available through its app marketplace.

Founded in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan, Wix is headquartered in Tel Aviv, Israel, and serves customers internationally.

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