Robeco Institutional Asset Management B.V. decreased its stake in Wix.com Ltd. (NASDAQ:WIX – Free Report) by 2.8% during the 4th quarter, HoldingsChannel reports. The fund owned 113,383 shares of the information services provider’s stock after selling 3,233 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Wix.com were worth $24,326,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in Wix.com by 448.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,646 shares of the information services provider’s stock worth $1,375,000 after purchasing an additional 7,070 shares during the last quarter. Bank of Montreal Can increased its stake in Wix.com by 11.0% during the second quarter. Bank of Montreal Can now owns 23,577 shares of the information services provider’s stock valued at $3,757,000 after acquiring an additional 2,330 shares during the period. Marshall Wace LLP acquired a new position in Wix.com in the 2nd quarter valued at approximately $325,000. Creative Planning lifted its position in shares of Wix.com by 56.6% in the 2nd quarter. Creative Planning now owns 8,041 shares of the information services provider’s stock worth $1,279,000 after acquiring an additional 2,907 shares during the period. Finally, SG Americas Securities LLC grew its holdings in shares of Wix.com by 7.2% during the 3rd quarter. SG Americas Securities LLC now owns 71,668 shares of the information services provider’s stock worth $11,981,000 after purchasing an additional 4,836 shares in the last quarter. Institutional investors own 81.52% of the company’s stock.
Wix.com Trading Up 0.1 %
Wix.com stock opened at $242.39 on Friday. The firm has a market capitalization of $13.29 billion, a P/E ratio of 151.49, a PEG ratio of 2.62 and a beta of 1.56. The business has a 50-day moving average of $224.84 and a 200-day moving average of $185.79. Wix.com Ltd. has a 1 year low of $117.58 and a 1 year high of $247.11.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on WIX
Wix.com Company 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.
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