WIX.COM LTD. – Ordinary Shares (NASDAQ:WIX) Reports Decline in Sellers; Strong Momentum for Longs

July 16, 2018 - By Mary Kidd

Wix.com Ltd. (NASDAQ:WIX) Logo

Investors sentiment increased to 1.38 in Q1 2018. Its up 0.54, from 0.84 in 2017Q4. It improved, as 14 investors sold Wix.com Ltd. shares while 38 reduced holdings. 35 funds opened positions while 37 raised stakes. 37.89 million shares or 12.49% more from 33.68 million shares in 2017Q4 were reported.
Blackrock reported 0% of its portfolio in Wix.com Ltd. (NASDAQ:WIX). California State Teachers Retirement Sys has 20,717 shares. Credit Suisse Ag has 20,501 shares. Maplelane accumulated 1 shares. Parametrica Mgmt Ltd reported 0.48% stake. The Illinois-based Balyasny Asset Management Llc has invested 0% in Wix.com Ltd. (NASDAQ:WIX). Swiss Bancorp holds 0.01% in Wix.com Ltd. (NASDAQ:WIX) or 59,500 shares. 15 were accumulated by Whittier Trust. Jpmorgan Chase And holds 1,004 shares or 0% of its portfolio. California Pub Employees Retirement System owns 16,300 shares or 0% of their US portfolio. Clearbridge Invests Ltd Liability Corp holds 1.15 million shares. Thompson Davis And owns 0.03% invested in Wix.com Ltd. (NASDAQ:WIX) for 125 shares. Tiaa Cref Management Ltd Liability Com holds 0% of its portfolio in Wix.com Ltd. (NASDAQ:WIX) for 35,985 shares. 75,328 are held by Bluecrest Management. Atlantic Trust Grp Ltd Liability Company has invested 0.01% in Wix.com Ltd. (NASDAQ:WIX).

The stock of WIX.COM LTD. – Ordinary Shares (NASDAQ:WIX) registered a decrease of 19.49% in short interest. WIX’s total short interest was 2.50M shares in July as published by FINRA. Its down 19.49% from 3.10 million shares, reported previously. With 483,400 shares average volume, it will take short sellers 5 days to cover their WIX’s short positions. The short interest to WIX.COM LTD. – Ordinary Shares’s float is 7.36%.

The stock increased 1.31% or $1.4 during the last trading session, reaching $108.1. About 245,823 shares traded. Wix.com Ltd. (NASDAQ:WIX) has risen 12.68% since July 16, 2017 and is uptrending. It has outperformed by 0.11% the S&P500.

Wix.com Ltd. develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally. The company has market cap of $5.07 billion. It offers Web development, design, and management solutions and apps through an online platform that enables its user base of businesses, organizations, professionals, and individuals to create a digital presence. It currently has negative earnings. The company??s principal product is the Wix Editor, a drag-and-drop visual development and Website editing environment.

Wix.com Ltd. (NASDAQ:WIX) Ratings Coverage

Among 13 analysts covering Wix.com Ltd (NASDAQ:WIX), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Wix.com Ltd had 15 analyst reports since February 15, 2018 according to SRatingsIntel. On Wednesday, April 18 the stock rating was maintained by Northland Capital with “Buy”. On Thursday, May 10 the stock rating was downgraded by Raymond James to “Outperform”. The firm earned “Market Outperform” rating on Wednesday, June 6 by JMP Securities. KeyBanc Capital Markets maintained it with “Overweight” rating and $103 target in Monday, March 19 report. The stock of Wix.com Ltd. (NASDAQ:WIX) has “Hold” rating given on Thursday, February 15 by Wedbush. The stock of Wix.com Ltd. (NASDAQ:WIX) has “Buy” rating given on Sunday, March 25 by KeyBanc Capital Markets. On Thursday, February 15 the stock rating was maintained by Barclays Capital with “Buy”. The stock of Wix.com Ltd. (NASDAQ:WIX) has “Buy” rating given on Monday, May 7 by Jefferies. The firm has “Overweight” rating given on Tuesday, May 1 by Barclays Capital. The stock has “Neutral” rating by Citigroup on Wednesday, February 21.

More notable recent Wix.com Ltd. (NASDAQ:WIX) news were published by: Seekingalpha.com which released: “HubSpot: A Mini Salesforce?” on July 12, 2018, also Seekingalpha.com with their article: “Wix, Shutterfly gain as Apple ends Photo Print Products” published on July 12, 2018, Seekingalpha.com published: “Wix.com: Buy This Industry Disruptor” on June 19, 2018. More interesting news about Wix.com Ltd. (NASDAQ:WIX) were released by: Seekingalpha.com and their article: “Wix: The Website King” published on July 09, 2018 as well as Nasdaq.com‘s news article titled: “Square Stock Is So Hot It Won’t Be Long Before PayPal Strikes Back” with publication date: June 28, 2018.

Wix.com Ltd. (NASDAQ:WIX) Ratings Chart

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