Wix.com Ltd. $WIX Stake Reduced by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its holdings in Wix.com Ltd. (NASDAQ:WIX) by 51.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,507 shares of the information services provider’s stock after selling 38,970 shares during the quarter. Lazard Asset Management LLC’s holdings in Wix.com were worth $3,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in WIX. Hsbc Holdings PLC raised its holdings in shares of Wix.com by 11,894.0% in the 1st quarter. Hsbc Holdings PLC now owns 3,529,474 shares of the information services provider’s stock worth $318,676,000 after purchasing an additional 3,500,047 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Wix.com by 879.0% during the second quarter. Ameriprise Financial Inc. now owns 2,031,591 shares of the information services provider’s stock worth $321,926,000 after buying an additional 1,824,070 shares in the last quarter. Wellington Management Group LLP grew its position in Wix.com by 90.4% in the third quarter. Wellington Management Group LLP now owns 3,390,589 shares of the information services provider’s stock worth $602,270,000 after buying an additional 1,609,989 shares during the last quarter. Diamond Hill Capital Management Inc. acquired a new position in Wix.com in the fourth quarter worth approximately $150,622,000. Finally, Atreides Management LP acquired a new position in Wix.com in the fourth quarter worth approximately $129,598,000. Institutional investors own 81.52% of the company’s stock.

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 Stock Down 2.9%

WIX stock opened at $55.03 on Friday. Wix.com Ltd. has a 12-month low of $40.16 and a 12-month high of $190.93. The company has a market cap of $3.21 billion, a price-to-earnings ratio of -70.55 and a beta of 0.93. The company has a 50 day moving average of $50.05 and a two-hundred day moving average of $67.85.

Wix.com (NASDAQ:WIX) last posted its quarterly earnings results on Wednesday, May 13th. The information services provider reported $0.68 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.53). Wix.com had a negative net margin of 1.97% and a negative return on equity of 33.28%. The company had revenue of $541.17 million for the quarter, compared to analysts’ expectations of $544.04 million. During the same quarter in the prior year, the firm earned $1.69 earnings per share. The company’s revenue was up 14.2% on a year-over-year basis. On average, research analysts anticipate that Wix.com Ltd. will post -0.16 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Benchmark cut their price objective on Wix.com from $115.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday. Morgan Stanley cut Wix.com from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $112.00 to $60.00 in a report on Tuesday, July 21st. UBS Group cut their target price on Wix.com from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Cantor Fitzgerald reduced their target price on Wix.com from $110.00 to $70.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, Raymond James Financial downgraded Wix.com from a “strong-buy” rating to an “outperform” rating and reduced their target price for the company from $75.00 to $70.00 in a report on Thursday. Eleven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Wix.com has a consensus rating of “Hold” and a consensus target price of $91.10.

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.