Wix.com Ltd. (NASDAQ:WIX) Shares Purchased by Steward Partners Investment Advisory LLC – Defense World

Wix.com Ltd. (NASDAQ:WIX) Shares Purchased by Steward Partners Investment Advisory LLC – Defense World

Steward Partners Investment Advisory LLC boosted its holdings in Wix.com Ltd. (NASDAQ:WIX – Get Rating) by 105.1% in the first quarter, HoldingsChannel.com reports. The firm owned 640 shares of the information services provider’s stock after buying an additional 328 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Wix.com were worth $67,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dorsey Asset Management LLC boosted its holdings in shares of Wix.com by 75.2% in the fourth quarter. Dorsey Asset Management LLC now owns 1,485,198 shares of the information services provider’s stock valued at $234,349,000 after acquiring an additional 637,351 shares during the period. Flossbach Von Storch AG lifted its holdings in shares of Wix.com by 8.8% during the fourth quarter. Flossbach Von Storch AG now owns 4,013,697 shares of the information services provider’s stock worth $633,321,000 after purchasing an additional 323,779 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Wix.com by 4,925.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 315,476 shares of the information services provider’s stock worth $49,779,000 after purchasing an additional 309,199 shares during the period. Meitav Dash Investments Ltd. lifted its holdings in shares of Wix.com by 125.2% during the fourth quarter. Meitav Dash Investments Ltd. now owns 430,784 shares of the information services provider’s stock worth $67,900,000 after purchasing an additional 239,530 shares during the period. Finally, William Blair Investment Management LLC lifted its holdings in shares of Wix.com by 29.1% during the fourth quarter. William Blair Investment Management LLC now owns 760,620 shares of the information services provider’s stock worth $120,018,000 after purchasing an additional 171,566 shares during the period. 89.89% of the stock is owned by institutional investors and hedge funds.

Wix.com Stock Up 6.5 %

WIX opened at $65.85 on Thursday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 6.33. The firm has a market cap of $3.77 billion, a P/E ratio of -13.14 and a beta of 1.34. Wix.com Ltd. has a 52 week low of $53.12 and a 52 week high of $299.26. The business’s fifty day simple moving average is $63.15 and its 200 day simple moving average is $82.59.

Wix.com (NASDAQ:WIX – Get Rating) last posted its quarterly earnings data on Monday, May 16th. The information services provider reported ($1.61) EPS for the quarter, beating analysts’ consensus estimates of ($1.75) by $0.14. The business had revenue of $341.60 million for the quarter, compared to analyst estimates of $340.47 million. Wix.com had a negative return on equity of 136.41% and a negative net margin of 21.70%. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the company earned ($1.36) earnings per share. As a group, equities research analysts anticipate that Wix.com Ltd. will post -5.36 EPS for the current fiscal year.

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Source: https://www.defenseworld.net/2022/08/04/wix-com-ltd-nasdaqwix-shares-purchased-by-steward-partners-investment-advisory-llc.html