Mitsubishi UFJ Trust & Banking Corp Trims Stake in Wix.com Ltd. $WIX

Mitsubishi UFJ Trust & Banking Corp reduced its stake in Wix.com Ltd. (NASDAQ:WIX) by 56.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,883 shares of the information services provider’s stock after selling 30,539 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Wix.com were worth $4,242,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in shares of Wix.com by 632.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider’s stock worth $41,000 after acquiring an additional 215 shares during the period. Blue Trust Inc. grew its stake in Wix.com by 47.8% in the second quarter. Blue Trust Inc. now owns 408 shares of the information services provider’s stock worth $65,000 after purchasing an additional 132 shares during the period. Penserra Capital Management LLC bought a new position in Wix.com in the second quarter worth $77,000. Tower Research Capital LLC TRC boosted its holdings in shares of Wix.com by 508.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 779 shares of the information services provider’s stock valued at $123,000 after buying an additional 651 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of Wix.com by 32.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 792 shares of the information services provider’s stock valued at $141,000 after buying an additional 195 shares in the last quarter. 81.52% of the stock is currently owned by hedge funds and other institutional investors.

Wix.com Trading Down 3.3%

WIX stock opened at $89.97 on Friday. The stock’s 50 day simple moving average is $96.81 and its 200 day simple moving average is $127.34. Wix.com Ltd. has a 12-month low of $75.00 and a 12-month high of $246.78. The stock has a market capitalization of $5.05 billion, a PE ratio of 38.45, a price-to-earnings-growth ratio of 2.89 and a beta of 1.42.

Wix.com announced that its Board of Directors has approved a share repurchase 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 usually a sign that the company’s leadership believes its stock is undervalued.

Trending Headlines about Wix.com

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

• Positive Sentiment: Board authorized a large $2.0 billion, two‑year share repurchase program — a major capital return that signals management confidence and can reduce share count over time, supporting EPS and investor sentiment. Wix Announces Board Authorization of $2 Billion Share Repurchase Program
• Positive Sentiment: Company reported completion of a $200 million tranche of repurchases — the program is already being executed, which likely helped lift pre‑market and intraday buying interest. Wix completes $200 million share buyback program
• Positive Sentiment: Marketing push: Wix unveiled the creative for its Super Bowl LX commercial tied to the launch of Wix Harmony (its new flagship web‑creation platform) — high‑visibility advertising can drive user growth and brand awareness. Wix Introduces a New Way to Create with its Super Bowl Teaser
• Neutral Sentiment: Market commentary: Analysts and market writers noted a strong intraday move (Zacks highlighted a 5.8% surge and upbeat earnings‑estimate revisions) — signals positive momentum but not a change to fundamentals. Wix.com (WIX) Soars 5.8%: Is Further Upside Left in the Stock?
• Negative Sentiment: Caveats in the repurchase announcement: repurchases may be funded with cash, operating cash flow or new capital (including debt or equity), repurchases aren’t guaranteed or mandatory, and the filing reminds investors of Wix’s history of operating losses — these items add execution and financing risk. Wix Announces Board Authorization of $2 Billion Share Repurchase Program

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on WIX shares. Zacks Research lowered shares of Wix.com from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. JMP Securities set a $185.00 target price on shares of Wix.com in a report on Thursday, November 20th. Wells Fargo & Company cut their price target on Wix.com from $184.00 to $176.00 and set an “overweight” rating on the stock in a research note on Friday, December 19th. Citizens Jmp reduced their price objective on Wix.com from $185.00 to $125.00 and set a “market outperform” rating for the company in a research report on Thursday, January 22nd. Finally, Raymond James Financial set a $74.00 target price on Wix.com in a report on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $163.86.

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.