Signaturefd LLC Acquires 173 Shares of Wix.com Ltd. (NASDAQ:WIX)

Signaturefd LLC lifted its holdings in Wix.com Ltd. (NASDAQ:WIX) by 5.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,442 shares of the information services provider’s stock after acquiring an additional 173 shares during the period. Signaturefd LLC’s holdings in Wix.com were worth $575,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WIX. Blue Trust Inc. raised its position in Wix.com by 98.0% during the third quarter. Blue Trust Inc. now owns 198 shares of the information services provider’s stock valued at $31,000 after purchasing an additional 98 shares during the period. CWM LLC raised its holdings in Wix.com by 19.0% during the 3rd quarter. CWM LLC now owns 632 shares of the information services provider’s stock valued at $106,000 after buying an additional 101 shares during the period. Toronto Dominion Bank raised its holdings in Wix.com by 19.0% during the 2nd quarter. Toronto Dominion Bank now owns 778 shares of the information services provider’s stock valued at $124,000 after buying an additional 124 shares during the period. CIBC Asset Management Inc lifted its position in Wix.com by 2.9% in the second quarter. CIBC Asset Management Inc now owns 4,803 shares of the information services provider’s stock worth $764,000 after buying an additional 136 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its stake in Wix.com by 8.0% during the first quarter. DekaBank Deutsche Girozentrale now owns 2,893 shares of the information services provider’s stock worth $395,000 after buying an additional 215 shares during the period. Institutional investors own 81.52% of the company’s stock.

Wix.com Stock Down 1.0 %

Shares of NASDAQ:WIX opened at $162.46 on Friday. The company has a market capitalization of $9.29 billion, a price-to-earnings ratio of 142.51, a price-to-earnings-growth ratio of 3.55 and a beta of 1.48. The firm has a 50 day moving average of $163.44 and a 200 day moving average of $154.71. Wix.com Ltd. has a 52 week low of $76.90 and a 52 week high of $179.00.

Wix.com (NASDAQ:WIX) last issued its quarterly earnings data on Wednesday, August 7th. The information services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.35. The company had revenue of $435.70 million for the quarter, compared to the consensus estimate of $442.88 million. Wix.com had a negative return on equity of 49.05% and a net margin of 4.44%. The firm’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.58 earnings per share. On average, sell-side analysts expect that Wix.com Ltd. will post 2.1 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on WIX. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 target price on shares of Wix.com in a report on Monday, October 7th. Barclays decreased their price objective on shares of Wix.com from $186.00 to $184.00 and set an “overweight” rating for the company in a research note on Tuesday, October 1st. StockNews.com raised Wix.com from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Evercore ISI raised Wix.com to a “strong-buy” rating in a research note on Monday, August 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $190.00 price objective on shares of Wix.com in a research report on Wednesday, August 7th. Three analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $190.06.

About Wix.com

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers.