Bamco Inc. NY Has $107.78 Million Holdings in Wix.com Ltd. (WIX)

Bamco Inc. NY raised its holdings in Wix.com Ltd. (NASDAQ:WIX) by 91.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,500,095 shares of the information services provider’s stock after purchasing an additional 715,951 shares during the quarter. Bamco Inc. NY owned 3.30% of Wix.com worth $107,782,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Jackson Square Partners LLC raised its position in shares of Wix.com by 890.0% during the 3rd quarter. Jackson Square Partners LLC now owns 852,230 shares of the information services provider’s stock worth $61,232,000 after purchasing an additional 766,144 shares during the last quarter. Menora Mivtachim Holdings LTD. raised its position in shares of Wix.com by 146.1% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 1,050,796 shares of the information services provider’s stock worth $75,500,000 after purchasing an additional 623,876 shares during the last quarter. Light Street Capital Management LLC raised its position in shares of Wix.com by 141.2% during the 2nd quarter. Light Street Capital Management LLC now owns 1,025,000 shares of the information services provider’s stock worth $71,340,000 after purchasing an additional 600,000 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Wix.com by 23.7% during the 2nd quarter. Renaissance Technologies LLC now owns 2,414,400 shares of the information services provider’s stock worth $168,042,000 after purchasing an additional 462,700 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Wix.com by 46.6% during the 3rd quarter. Victory Capital Management Inc. now owns 928,230 shares of the information services provider’s stock worth $66,693,000 after purchasing an additional 295,240 shares during the last quarter. 79.23% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently issued reports on the company. Zacks Investment Research upgraded Wix.com from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. BidaskClub downgraded Wix.com from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Northland Securities restated a “buy” rating and set a $75.00 price objective on shares of Wix.com in a research report on Thursday, September 21st. SunTrust Banks started coverage on Wix.com in a report on Tuesday, August 15th. They issued a “buy” rating and a $73.00 price target for the company. Finally, Jefferies Group started coverage on Wix.com in a report on Thursday, August 24th. They issued a “buy” rating and a $74.00 price target for the company. Two research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. Wix.com presently has an average rating of “Hold” and an average price target of $77.79.

Shares of Wix.com Ltd. (WIX) opened at $53.60 on Monday. Wix.com Ltd. has a 12 month low of $42.80 and a 12 month 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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Wix.com Profile

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.

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

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