Quadrature Capital Ltd Has $1.99 Million Stock Holdings in Wix.com Ltd. (NASDAQ:WIX)

Quadrature Capital Ltd lowered its holdings in shares of Wix.com Ltd. (NASDAQ:WIX) by 86.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,926 shares of the information services provider’s stock after selling 75,210 shares during the period. Quadrature Capital Ltd’s holdings in Wix.com were worth $1,992,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in shares of Wix.com by 98.0% in 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 in the last quarter. CWM LLC lifted its holdings in shares of Wix.com by 19.0% in the third quarter. CWM LLC now owns 632 shares of the information services provider’s stock valued at $106,000 after purchasing an additional 101 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of Wix.com by 19.0% in the second quarter. Toronto Dominion Bank now owns 778 shares of the information services provider’s stock valued at $124,000 after purchasing an additional 124 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Wix.com by 112.1% in the third quarter. Advisors Asset Management Inc. now owns 246 shares of the information services provider’s stock valued at $41,000 after purchasing an additional 130 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in shares of 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 valued at $764,000 after purchasing an additional 136 shares in the last quarter. Institutional investors and hedge funds own 81.52% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on WIX shares. JPMorgan Chase & Co. raised their target price on Wix.com from $195.00 to $205.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. B. Riley lifted their price target on Wix.com from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Barclays lifted their price target on Wix.com from $184.00 to $236.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Royal Bank of Canada lifted their price target on Wix.com from $190.00 to $245.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Finally, Benchmark lifted their price target on Wix.com from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Wix.com presently has a consensus rating of “Moderate Buy” and an average target price of $210.71.

Wix.com Stock Performance

Shares of NASDAQ WIX opened at $219.68 on Friday. The stock has a market cap of $12.04 billion, a PE ratio of 137.30, a price-to-earnings-growth ratio of 4.41 and a beta of 1.55. Wix.com Ltd. has a fifty-two week low of $101.72 and a fifty-two week high of $229.79. The stock has a fifty day moving average of $182.37 and a 200-day moving average of $169.02.

Wix.com Profile

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.