Plato Investment Management Ltd Takes Position in Wix.com Ltd. $WIX

Plato Investment Management Ltd acquired a new stake in shares of Wix.com Ltd. (NASDAQ:WIX) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,855 shares of the information services provider’s stock, valued at approximately $309,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB raised its stake in Wix.com by 33.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 14,254 shares of the information services provider’s stock valued at $647,000 after purchasing an additional 3,544 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of Wix.com during the first quarter worth about $249,000. California State Teachers Retirement System raised its position in shares of Wix.com by 6.0% in the first quarter. California State Teachers Retirement System now owns 59,243 shares of the information services provider’s stock valued at $5,336,000 after buying an additional 3,343 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Wix.com in the first quarter valued at approximately $2,381,000. Finally, Quantinno Capital Management LP lifted its stake in shares of Wix.com by 155.6% during the first quarter. Quantinno Capital Management LP now owns 122,722 shares of the information services provider’s stock valued at $11,054,000 after buying an additional 74,716 shares during the period. Hedge funds and other institutional investors own 81.52% of the company’s stock.

Wall Street Analysts Forecast Growth

WIX has been the topic of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Wix.com in a research report on Wednesday, August 12th. Evercore set a $95.00 price target on Wix.com in a research note on Tuesday, August 4th. JPMorgan Chase & Co. decreased their price objective on Wix.com from $86.00 to $62.00 and set an “underweight” rating on the stock in a report on Thursday, June 18th. Wells Fargo & Company upped their target price on Wix.com from $46.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada increased their target price on Wix.com from $45.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $91.10.

Wix.com Stock Up 0.9%

Shares of NASDAQ WIX opened at $77.89 on Thursday. The stock has a market capitalization of $4.54 billion, a PE ratio of -22.00, a P/E/G ratio of 36.67 and a beta of 0.90. The firm has a fifty day moving average of $53.97 and a 200-day moving average of $66.11. Wix.com Ltd. has a 52-week low of $40.16 and a 52-week high of $190.93.

Wix.com (NASDAQ:WIX) last issued its earnings results on Tuesday, August 4th. The information services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.26. Wix.com had a negative return on equity of 1.61% and a negative net margin of 8.19%.The business had revenue of $563.06 million for the quarter, compared to analyst estimates of $552.56 million. During the same period last year, the company posted $2.28 EPS. The business’s quarterly revenue was up 14.9% on a year-over-year basis. Equities research analysts expect that Wix.com Ltd. will post 0.24 EPS for the current fiscal year.

More Wix.com News

Here are the key news stories impacting Wix.com this week:

• Positive Sentiment: Wix’s most recent reported quarter provided some support for the stock: revenue rose 14.9% year over year to $563.1 million and adjusted earnings of $1.39 per share exceeded analysts’ $1.13 estimate. However, this financial update predates the current legal-news cycle.
• Neutral Sentiment: The investor notices largely repeat the same information: shareholders who purchased Wix securities between February 19, 2025, and May 12, 2026, may seek appointment as lead plaintiff by September 22. The notices are solicitations by plaintiffs’ firms and do not establish that Wix violated securities laws. Rosen investor notice
• Negative Sentiment: Several firms, including Pomerantz, Hagens Berman, Robbins Geller, Rosen, and others, are highlighting a filed securities class action against Wix and certain officers. The case follows an alleged 27% share-price decline after the company’s Q1 2026 results. Pomerantz class-action announcement
• Negative Sentiment: The allegations center on potentially inadequate disclosures regarding Wix’s transition toward “vibe coding” and AI products, competitive pressure from professional-developer customers, Base44-related costs, financial positioning, and guidance. Reports also cite analyst downgrades and the later Wix Harmony disclosure as factors behind investor losses. The litigation creates reputational, legal-cost, and potential-liability risks, although its ultimate outcome is uncertain. Hagens Berman Wix litigation alert

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.