First Trust Advisors LP boosted its holdings in Wix.com Ltd. (NASDAQ:WIX – Free Report) by 5.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 469,078 shares of the information services provider’s stock after purchasing an additional 24,382 shares during the quarter. First Trust Advisors LP’s holdings in Wix.com were worth $42,250,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its stake in Wix.com by 36.6% during the first quarter. AQR Capital Management LLC now owns 1,627 shares of the information services provider’s stock worth $266,000 after acquiring an additional 436 shares in the last quarter. Woodline Partners LP grew its stake in shares of Wix.com by 9.7% in the 1st quarter. Woodline Partners LP now owns 2,292 shares of the information services provider’s stock valued at $374,000 after buying an additional 202 shares during the period. Geneos Wealth Management Inc. increased its position in Wix.com by 632.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider’s stock valued at $41,000 after buying an additional 215 shares in the last quarter. Cetera Investment Advisers increased its position in Wix.com by 18.9% in the 2nd quarter. Cetera Investment Advisers now owns 1,853 shares of the information services provider’s stock valued at $294,000 after buying an additional 295 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Wix.com by 29.5% during the 2nd quarter. American Century Companies Inc. now owns 6,930 shares of the information services provider’s stock worth $1,098,000 after buying an additional 1,580 shares during the period. 81.52% of the stock is owned by institutional investors and hedge funds.
Wix.com Stock Performance
Shares of WIX opened at $56.34 on Tuesday. The firm has a market capitalization of $3.29 billion, a P/E ratio of -72.23 and a beta of 0.93. Wix.com Ltd. has a 52 week low of $40.16 and a 52 week high of $190.93. The stock has a 50 day moving average price of $49.75 and a two-hundred day moving average price of $68.76.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on WIX shares. Citizens Jmp lowered Wix.com from a “market outperform” rating to a “market perform” rating in a report on Tuesday, April 7th. UBS Group decreased their price objective on Wix.com from $68.00 to $58.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Oppenheimer lowered their target price on Wix.com from $115.00 to $85.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Scotiabank reiterated an “outperform” rating on shares of Wix.com in a report on Tuesday, June 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $80.00 price target on shares of Wix.com in a research report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Wix.com presently has a consensus rating of “Hold” and an average price target of $94.10.
Read Our Latest Research Report on Wix.com
Key Wix.com News
Here are the key news stories impacting Wix.com this week:
- Negative Sentiment: Several law firms announced or promoted a securities class action against Wix.com on behalf of investors who purchased the company’s securities between February 19, 2025, and May 12, 2026. The allegations include that Wix overstated the competitiveness and performance of its AI products, understated the costs of developing and marketing them, and overstated their potential commercial and financial benefits. The allegations have not been proven. WIX Investor Alert: Class Action Lawsuit Filed
- Negative Sentiment: The litigation follows a reported 27% share-price decline after Wix released its first-quarter 2026 results in May. The legal complaints are expected to examine whether the company’s disclosures adequately reflected the risks and costs of its transition toward “vibe coding,” AI-assisted software development and the resulting competitive pressures. Wix Faces Securities Class Action
- Neutral Sentiment: Investors who seek lead-plaintiff status generally must submit applications by September 22 or September 23, 2026, depending on the law firm’s notice. The multiple announcements largely repeat the same lawsuit and do not represent separate confirmed judgments or financial penalties against Wix.com. WIX Investors Have Opportunity to Lead Lawsuit
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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