Hel Ved Capital Management Ltd Cuts Stake in Wix.com Ltd. $WIX

Hel Ved Capital Management Ltd cut its position in shares of Wix.com Ltd. (NASDAQ:WIX) by 56.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,520 shares of the information services provider’s stock after selling 5,830 shares during the quarter. Hel Ved Capital Management Ltd’s holdings in Wix.com were worth $803,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. ARK Investment Management LLC lifted its holdings in shares of Wix.com by 21.4% in the 3rd quarter. ARK Investment Management LLC now owns 12,494 shares of the information services provider’s stock worth $2,219,000 after purchasing an additional 2,204 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Wix.com by 6.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,927 shares of the information services provider’s stock worth $1,586,000 after buying an additional 552 shares in the last quarter. Picton Mahoney Asset Management acquired a new stake in Wix.com in the third quarter worth approximately $5,576,000. Crescent Park Management L.P. lifted its holdings in shares of Wix.com by 15.6% in the third quarter. Crescent Park Management L.P. now owns 111,025 shares of the information services provider’s stock valued at $19,721,000 after buying an additional 15,015 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Wix.com by 22.5% during the 3rd quarter. Victory Capital Management Inc. now owns 18,329 shares of the information services provider’s stock valued at $3,256,000 after purchasing an additional 3,370 shares in the last quarter. Institutional investors and hedge funds own 81.52% of the company’s stock.

Wix.com News Summary

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 Stock Performance

NASDAQ:WIX opened at $93.89 on Friday. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 115.91, a P/E/G ratio of 2.57 and a beta of 1.39. The stock’s fifty day moving average price is $83.03 and its two-hundred day moving average price is $115.76. Wix.com Ltd. has a 52-week low of $60.22 and a 52-week high of $191.24.

Wix.com (NASDAQ:WIX) last announced its quarterly earnings data on Wednesday, March 4th. The information services provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.45. The firm had revenue of $524.27 million during the quarter, compared to analyst estimates of $527.69 million. Wix.com had a negative return on equity of 70.04% and a net margin of 2.54%.The company’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the company earned $2.10 earnings per share. On average, equities analysts predict that Wix.com Ltd. will post 3.65 EPS for the current fiscal year.

Wix.com announced that its board has initiated a share buyback plan on Wednesday, January 28th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information services provider to purchase up to 40.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on WIX. UBS Group reissued a “buy” rating and set a $145.00 target price on shares of Wix.com in a research note on Friday. Benchmark lowered their target price on Wix.com from $185.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday. Jefferies Financial Group decreased their price target on shares of Wix.com from $200.00 to $130.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $130.00 price objective on shares of Wix.com in a research note on Thursday. Finally, Barclays cut their price objective on Wix.com from $205.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $145.50.

Wix.com 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.