Advisors Asset Management Inc. boosted its position in shares of Wix.com Ltd. (NASDAQ:WIX) by 52.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 14,663 shares of the information services provider’s stock after purchasing an additional 5,060 shares during the quarter. Advisors Asset Management Inc.’s holdings in Wix.com were worth $1,054,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in WIX. Legal & General Group Plc lifted its stake in Wix.com by 500.0% during the 1st quarter. Legal & General Group Plc now owns 3,600 shares of the information services provider’s stock valued at $245,000 after acquiring an additional 3,000 shares during the period. Geode Capital Management LLC lifted its stake in Wix.com by 55.2% during the 1st quarter. Geode Capital Management LLC now owns 30,276 shares of the information services provider’s stock valued at $2,054,000 after acquiring an additional 10,770 shares during the period. Credit Suisse AG lifted its stake in Wix.com by 38.2% during the 1st quarter. Credit Suisse AG now owns 37,899 shares of the information services provider’s stock valued at $2,574,000 after acquiring an additional 10,476 shares during the period. Trexquant Investment LP bought a new position in Wix.com during the 2nd quarter valued at about $696,000. Finally, Canada Pension Plan Investment Board lifted its stake in Wix.com by 128.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 76,844 shares of the information services provider’s stock valued at $5,348,000 after acquiring an additional 43,244 shares during the period. 79.24% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $78.00 target price (down previously from $80.00) on shares of Wix.com in a research note on Wednesday, November 22nd. Zacks Investment Research cut shares of Wix.com from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. BidaskClub cut shares of Wix.com from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Barclays lowered their target price on shares of Wix.com from $77.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, November 9th. Finally, Oppenheimer lowered their target price on shares of Wix.com from $88.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $77.79.

Wix.com Ltd. (WIX) opened at $53.70 on Friday. Wix.com Ltd. has a one year low of $42.80 and a one year high of $86.15. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.28.

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About Wix.com

Wix.com Ltd. (Wix) is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments.

Institutional Ownership by Quarter for Wix.com (NASDAQ:WIX)

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