How Many Wix.com Ltd. (NASDAQ:WIX)’s Analysts Are Bearish?

May 26, 2018 - By Louis Casey

Wix.com Ltd. (NASDAQ:WIX) LogoInvestors sentiment decreased to 0.84 in Q4 2017. Its down 0.12, from 0.96 in 2017Q3. It dived, as 29 investors sold Wix.com Ltd. shares while 35 reduced holdings. 20 funds opened positions while 34 raised stakes. 33.68 million shares or 1.29% less from 34.13 million shares in 2017Q3 were reported.
Price T Rowe Md reported 0.06% in Wix.com Ltd. (NASDAQ:WIX). Israel-based Sphera Funds Management Ltd has invested 0.53% in Wix.com Ltd. (NASDAQ:WIX). Victory Cap Mngmt owns 948,740 shares. 14,698 were accumulated by Parametric Portfolio Associate Ltd Liability Corporation. Grandeur Peak Advsrs Lc has 2.83% invested in Wix.com Ltd. (NASDAQ:WIX) for 378,975 shares. Clearbridge Ltd Liability Com invested in 0.06% or 1.15M shares. Prelude Mngmt Lc invested 0.04% in Wix.com Ltd. (NASDAQ:WIX). Taylor Frigon Management Ltd has invested 1.08% in Wix.com Ltd. (NASDAQ:WIX). Sg Americas Securities Ltd Liability Corp invested in 6,661 shares. Neuberger Berman Gru Llc stated it has 14,700 shares. 800,706 are owned by Blackrock. Massachusetts Fincl Ma, Massachusetts-based fund reported 117,827 shares. Point72 Asset Management Ltd Partnership has 11,100 shares. New York-based Jane Street Gru Ltd Company has invested 0% in Wix.com Ltd. (NASDAQ:WIX). Suntrust Banks has invested 0% in Wix.com Ltd. (NASDAQ:WIX).

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

Among 11 analysts covering Wix.com Ltd (NASDAQ:WIX), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Wix.com Ltd had 14 analyst reports since January 4, 2018 according to SRatingsIntel. The rating was upgraded by Raymond James on Thursday, January 4 to “Buy”. The firm earned “Buy” rating on Sunday, March 25 by KeyBanc Capital Markets. Northland Capital maintained the shares of WIX in report on Wednesday, April 18 with “Buy” rating. The firm earned “Outperform” rating on Thursday, May 10 by Raymond James. KeyBanc Capital Markets maintained it with “Overweight” rating and $103 target in Monday, March 19 report. The firm earned “Overweight” rating on Tuesday, May 1 by Barclays Capital. The stock of Wix.com Ltd. (NASDAQ:WIX) has “Hold” rating given on Thursday, February 15 by Wedbush. As per Thursday, February 15, the company rating was maintained by Barclays Capital. The firm has “Neutral” rating by Citigroup given on Wednesday, February 21. Needham maintained Wix.com Ltd. (NASDAQ:WIX) on Thursday, February 15 with “Buy” rating. Below is a list of Wix.com Ltd. (NASDAQ:WIX) latest ratings and price target changes.

10/05/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Outperform Downgrade
07/05/2018 Broker: Jefferies Rating: Buy New Target: $86.0000 Maintain
01/05/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $80 New Target: $91 Maintain
27/04/2018 Broker: J.P. Morgan Rating: Hold
18/04/2018 Broker: Northland Capital Rating: Buy New Target: $95.0000 Maintain
04/04/2018 Broker: William Blair Rating: Outperform Initiates Coverage On
25/03/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $103.0000 Maintain
23/03/2018 Broker: Goldman Sachs Rating: Neutral New Target: $93 Initiates Coverage On
19/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $85 New Target: $103 Maintain
21/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $69 New Target: $78 Maintain

The stock increased 1.48% or $1.25 during the last trading session, reaching $85.75. About 189,240 shares traded. Wix.com Ltd. (NASDAQ:WIX) has risen 17.38% since May 26, 2017 and is uptrending. It has outperformed by 5.83% 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 $4.02 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 companyÂ’s principal product is the Wix Editor, a drag-and-drop visual development and Website editing environment.

More notable recent Wix.com Ltd. (NASDAQ:WIX) news were published by: Investorplace.com which released: “Small Business Sellers Are Another Growth Driver for Amazon” on May 09, 2018, also Investorplace.com with their article: “Square Inc Weebly Buy Could Be Red Flag On International Revenue Streams” published on April 30, 2018, Globes.Co.Il published: “Wix revenue jumps 49%” on May 09, 2018. More interesting news about Wix.com Ltd. (NASDAQ:WIX) were released by: Seekingalpha.com and their article: “Wix.Com Ltd’s (WIX) CEO Avishai Abrahami on Q1 2018 Results – Earnings Call Transcript” published on May 09, 2018 as well as Prnewswire.com‘s news article titled: “Wix to Host Analyst and Investor Day on June 5, 2018” with publication date: May 15, 2018.

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

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