Public Employees Retirement System of Ohio lowered its holdings in Wix.com Ltd. (NASDAQ:WIX – Free Report) by 38.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,882 shares of the information services provider’s stock after selling 14,471 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Wix.com were worth $2,061,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings in Wix.com by 122.2% during the fourth quarter. Farther Finance Advisors LLC now owns 240 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 132 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Wix.com in the 4th quarter worth approximately $27,000. Geneos Wealth Management Inc. lifted its position 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 buying an additional 215 shares during the period. Employees Retirement System of Texas boosted its stake 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 valued at $46,000 after buying an additional 252 shares in the last quarter. Finally, Banque Cantonale Vaudoise grew its position in Wix.com by 464.8% in the fourth 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 period. Institutional investors and hedge funds own 81.52% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on WIX shares. Weiss Ratings lowered Wix.com from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Raymond James Financial lowered shares of Wix.com from a “strong-buy” rating to an “outperform” rating and lowered their target price for the stock from $75.00 to $70.00 in a report on Thursday. Needham & Company LLC reiterated a “buy” rating and set a $80.00 target price on shares of Wix.com in a research report on Monday, June 15th. Benchmark cut their price target on shares of Wix.com from $115.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Morgan Stanley lowered shares of Wix.com from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $112.00 to $60.00 in a research report on Tuesday, July 21st. Eleven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $91.10.
Wix.com Price Performance
WIX opened at $55.03 on Friday. The stock has a market capitalization of $3.21 billion, a P/E ratio of -70.55 and a beta of 0.93. The company’s 50 day simple moving average is $50.05 and its 200-day simple moving average is $67.85. Wix.com Ltd. has a one year low of $40.16 and a one year high of $190.93.
Wix.com (NASDAQ:WIX – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The information services provider reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.53). The firm had revenue of $541.17 million for the quarter, compared to analyst estimates of $544.04 million. Wix.com had a negative return on equity of 33.28% and a negative net margin of 1.97%.The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.69 EPS. As a group, analysts anticipate that Wix.com Ltd. will post -0.16 EPS for the current year.
Key Headlines Impacting Wix.com
Here are the key news stories impacting Wix.com this week:
- Negative Sentiment: Multiple law firms publicized a securities class action against Wix. The lawsuits cover investors who purchased Wix securities between February 19, 2025, and May 12, 2026. The complaints reportedly focus on whether Wix adequately disclosed weaknesses in its AI-driven “vibe coding” transition, the capabilities of its Wix Harmony platform, competition from other AI development tools and the potential impact on its financial outlook. The allegations have not been proven in court. Wix.com Faces Securities Class Action Amid Scrutiny Over Vibe Coding Transition
- Negative Sentiment: The litigation publicity reinforces concerns behind Wix’s mid-May selloff. Several notices reference the roughly 27% share-price drop following Wix’s first-quarter 2026 results, which included earnings below analyst expectations and revenue slightly below forecasts. Although revenue increased year over year, the earnings miss and ongoing negative profitability metrics may be weighing on investor confidence. Wix.com Class Action Notice
- Negative Sentiment: AI-related margin compression is an additional overhang. Commentary cited by financial outlets points to pressure on Wix’s margins as it invests in AI while facing uncertainty over whether professional developers and other customers will adopt its tools or shift to competing platforms. This raises questions about future growth, pricing power and returns on investment. Margin Compression Hits Wix.com Amid AI Concerns
- Neutral Sentiment: Investors have until September 22, 2026, to seek lead-plaintiff status in the securities case, according to the latest notices. The deadline itself does not establish liability, but the unusually high volume of law-firm announcements may keep legal and governance risks prominent in the market. Rosen Wix Investor Notice
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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