WINTON GROUP Ltd Purchases 16,931 Shares of Wix.com Ltd. $WIX

Key Points

• WINTON GROUP Ltd boosted its stake in Wix by 212.5% in Q3, buying 16,931 shares to hold 24,900 shares valued at about $4.42M, and institutional investors now own roughly 81.52% of the stock.
• Wix beat EPS expectations with $1.81 per share and reported revenue up 13.9% YoY, and its Board approved a substantial $2.0B buyback (up to 40.5% of shares), which management cites as a key catalyst.
• The stock opened near $92 with a market cap of about $5.36B and a high P/E (~113.6); analyst sentiment is mixed but the consensus is a "Moderate Buy" with an average price target of $140.50.

WINTON GROUP Ltd boosted its position in Wix.com Ltd. (NASDAQ:WIX - Free Report) by 212.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,900 shares of the information services provider's stock after buying an additional 16,931 shares during the quarter. WINTON GROUP Ltd's holdings in Wix.com were worth $4,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of WIX. Geode Capital Management LLC boosted its stake in shares of Wix.com by 2.5% in the 2nd quarter. Geode Capital Management LLC now owns 491,958 shares of the information services provider's stock valued at $77,466,000 after purchasing an additional 12,210 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of Wix.com by 34.8% during the 2nd quarter. Schroder Investment Management Group now owns 228,028 shares of the information services provider's stock valued at $36,133,000 after purchasing an additional 58,859 shares during the last quarter. Mediolanum International Funds Ltd raised its position in Wix.com by 65.9% in the 3rd quarter. Mediolanum International Funds Ltd now owns 55,647 shares of the information services provider's stock worth $10,054,000 after purchasing an additional 22,112 shares during the period. Liontrust Investment Partners LLP bought a new stake in Wix.com in the second quarter worth $3,708,000. Finally, Senvest Management LLC lifted its stake in 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 purchasing an additional 496,770 shares during the last quarter. 81.52% of the stock is currently owned by institutional investors.

Wix.com Stock Down 2.0%

NASDAQ:WIX opened at $92.00 on Tuesday. The firm's fifty day simple moving average is $82.77 and its 200 day simple moving average is $115.36. The stock has a market cap of $5.36 billion, a P/E ratio of 113.58, a price-to-earnings-growth ratio of 2.02 and a beta of 1.40. Wix.com Ltd. has a twelve month low of $60.22 and a twelve month high of $191.24.

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

Wix.com announced that its Board of Directors has approved a stock buyback program on Wednesday, January 28th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information services provider to repurchase up to 40.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WIX. Wells Fargo & Company reduced their price objective on Wix.com from $176.00 to $137.00 and set an "overweight" rating on the stock in a research note on Thursday, March 5th. Robert W. Baird lowered Wix.com from an "outperform" rating to a "neutral" rating and lowered their target price for the company from $115.00 to $90.00 in a research note on Monday. Raymond James Financial restated a "strong-buy" rating and set a $100.00 target price on shares of Wix.com in a report on Wednesday, March 4th. Evercore reduced their price target on Wix.com from $250.00 to $160.00 and set an "outperform" rating on the stock in a research report on Thursday, November 20th. Finally, Jefferies Financial Group decreased their price target on Wix.com from $200.00 to $130.00 and set a "buy" rating on the stock in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target 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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