VELA Investment Management LLC reduced its position in shares of Wix.com Ltd. (NASDAQ:WIX – Free Report) by 95.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,622 shares of the information services provider’s stock after selling 122,543 shares during the period. VELA Investment Management LLC’s holdings in Wix.com were worth $255,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also modified their holdings of WIX. Farther Finance Advisors LLC grew its holdings in shares of Wix.com by 122.2% in 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. Geneos Wealth Management Inc. lifted its holdings in 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 in the last quarter. Employees Retirement System of Texas lifted its holdings in Wix.com by 129.9% during 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 position in Wix.com by 464.8% in the 4th quarter. Banque Cantonale Vaudoise now owns 497 shares of the information services provider’s stock valued at $52,000 after buying an additional 409 shares during the period. Finally, National Bank of Canada FI purchased a new position in Wix.com in the 3rd quarter valued at approximately $54,000. 81.52% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
WIX has been the topic of a number of recent research reports. Wedbush upped their price objective on Wix.com from $55.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, August 20th. Royal Bank Of Canada lifted their target price on Wix.com from $45.00 to $60.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Citigroup reissued a “neutral” rating on shares of Wix.com in a research note on Wednesday, August 12th. Benchmark restated a “buy” rating on shares of Wix.com in a report on Wednesday, August 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 price target on shares of Wix.com in a research report on Wednesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $90.57.
Wix.com Stock Performance
WIX opened at $76.21 on Monday. Wix.com Ltd. has a one year low of $40.16 and a one year high of $190.93. The stock has a market capitalization of $4.44 billion, a P/E ratio of -21.53, a price-to-earnings-growth ratio of 36.22 and a beta of 1.02. The business’s 50-day simple moving average is $63.84 and its 200-day simple moving average is $66.82.
Wix.com (NASDAQ:WIX – Get Free Report) last announced its earnings results on Tuesday, August 4th. The information services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.26. The firm had revenue of $563.06 million during the quarter, compared to analysts’ expectations of $552.56 million. Wix.com had a negative return on equity of 1.61% and a negative net margin of 8.19%.The business’s revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.28 EPS. On average, equities research analysts forecast that Wix.com Ltd. will post 0.24 EPS for the current fiscal year.
Trending Headlines about Wix.com
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: An insider, Yaniv Even-Haim, purchased 320 Wix shares at an average price of $59.89. Although the transaction was modest relative to his existing holdings, insider buying may signal confidence that the stock’s valuation is attractive after its recent volatility. Yaniv Even-Haim Acquires Wix Shares
- Positive Sentiment: Recent coverage remains constructive on Wix’s AI strategy, including its Harmony capabilities and the company’s effort to benefit from the shift toward AI-assisted website and software development. The stock also recently rallied sharply, reflecting renewed optimism about a potential AI-related comeback. Why Wix.com Stock Soared in August
- Neutral Sentiment: Wix’s latest reported quarter exceeded analyst expectations for earnings and revenue, with revenue increasing year over year. However, the company remained unprofitable on a net-margin basis, and its earnings outlook and valuation remain sensitive to execution in a competitive AI-driven market.
- Negative Sentiment: Several law firms publicized a securities class action against Wix and certain officers, with a September 22, 2026 deadline for investors to seek lead-plaintiff status. The lawsuits relate to investors who purchased shares between February 19, 2025 and May 12, 2026, and allege that Wix made misleading statements concerning Harmony, Base44 momentum, product capabilities, customer demand and competitive risks. The allegations have not been proven, but the legal publicity creates additional reputational, financial and management uncertainty. Wix Investor Class Action Deadline
- Negative Sentiment: Analyst commentary cited in the investor alerts points to reduced ratings or price targets amid concerns about Wix’s transition to “vibe coding,” Base44 costs, competition and the durability of demand. These concerns may be amplifying profit-taking after the stock’s recent advance. Wix Shareholder Alert
Insiders Place Their Bets
In other Wix.com news, CMO Omer Shai purchased 490 shares of Wix.com stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $59.89 per share, for a total transaction of $29,346.10. Following the transaction, the chief marketing officer directly owned 515,879 shares in the company, valued at $30,895,993.31. This trade represents a 0.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ron Gutler sold 5,718 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $85.42, for a total transaction of $488,431.56. Following the transaction, the director directly owned 15,631 shares in the company, valued at $1,335,200.02. The trade was a 26.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders acquired 2,622 shares of company stock valued at $157,032. 6.20% of the stock is owned by insiders.
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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