Vinva Investment Management Ltd Sells 22,606 Shares of Wix.com Ltd. $WIX

Vinva Investment Management Ltd cut its stake in Wix.com Ltd. (NASDAQ:WIX) by 21.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,064 shares of the information services provider’s stock after selling 22,606 shares during the quarter. Vinva Investment Management Ltd owned about 0.15% of Wix.com worth $14,827,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Lone Pine Capital LLC purchased a new position in Wix.com in the second quarter valued at about $342,485,000. Acadian Asset Management LLC lifted its position in shares of Wix.com by 0.4% during the second quarter. Acadian Asset Management LLC now owns 2,119,805 shares of the information services provider’s stock valued at $335,852,000 after buying an additional 7,729 shares during the last quarter. Senvest Management LLC lifted its position in shares of Wix.com by 32.2% during the second quarter. Senvest Management LLC now owns 2,040,910 shares of the information services provider’s stock valued at $323,403,000 after buying an additional 496,770 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings 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 valued at $321,926,000 after buying an additional 1,824,070 shares in the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of Wix.com by 27.4% in the 2nd quarter. Lazard Asset Management LLC now owns 1,542,153 shares of the information services provider’s stock worth $244,368,000 after buying an additional 331,283 shares during the last quarter. 81.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on WIX shares. Citizens Jmp reduced their price objective on shares of Wix.com from $185.00 to $125.00 and set a “market outperform” rating for the company in a research note on Thursday, January 22nd. Evercore lowered their target price on shares of Wix.com from $250.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Oppenheimer cut their price target on shares of Wix.com from $160.00 to $130.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Citigroup reduced their price target on Wix.com from $150.00 to $105.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Bank of America decreased their price objective on Wix.com from $210.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.50.

Wix.com Stock Up 1.0%

WIX stock opened at $93.89 on Friday. The firm has a 50 day moving average of $83.03 and a 200 day moving average of $115.68. The stock has a market capitalization of $5.27 billion, a PE ratio of 115.91, a price-to-earnings-growth ratio of 2.60 and a beta of 1.39. Wix.com Ltd. has a 52 week low of $60.22 and a 52 week high of $191.24.

Wix.com (NASDAQ:WIX) last released its earnings results on Wednesday, March 4th. The information services provider reported $1.81 earnings per share 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 company had revenue of $524.27 million for the quarter, compared to the consensus estimate of $527.69 million. During the same quarter in the previous year, the firm earned $2.10 EPS. Wix.com’s revenue was up 13.9% compared to the same quarter last year. On average, equities research analysts expect that Wix.com Ltd. will post 3.65 earnings per share for the current year.

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

Trending Headlines about Wix.com

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

• Positive Sentiment: Wix announced a modified Dutch‑auction tender offer to repurchase up to $1.75 billion of its ordinary shares at $80–$92 per share; the buyback reduces float and creates immediate buying demand, which explains much of the intraday upside. GlobeNewswire Release
• Neutral Sentiment: Q4 results were mixed: Wix beat on EPS ($1.81 vs. $1.36 est.) but revenue was roughly in line / slightly under consensus and margins remain thin; management highlighted AI initiatives, recent M&A and product launches as growth drivers — these items support longer‑term conviction but are partly priced in. Earnings Highlights
• Negative Sentiment: Multiple brokerages trimmed price targets today (Citigroup 150→105, Wells Fargo 176→137, RBC 155→112, Barclays 205→160, Scotiabank 175→125, Needham 140→115). While most maintain Buy/Overweight/Outperform ratings, the cuts signal more cautious near‑term expectations and may limit upside despite the buyback. Benzinga coverage

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.