Calamos Advisors LLC acquired a new stake in Wix.Com Ltd (NASDAQ:WIX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,460 shares of the information services provider’s stock, valued at approximately $294,000.
Several other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. bought a new stake in shares of Wix.Com in the second quarter worth about $104,000. Advisory Services Network LLC bought a new stake in shares of Wix.Com in the second quarter worth about $115,000. Fortis Advisors LLC bought a new stake in shares of Wix.Com in the second quarter worth about $150,000. Global X Management Co LLC bought a new stake in shares of Wix.Com in the second quarter worth about $181,000. Finally, Cumberland Partners Ltd bought a new stake in shares of Wix.Com in the second quarter worth about $201,000. 88.00% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ WIX opened at $94.37 on Monday. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 2.76. Wix.Com Ltd has a 1-year low of $50.90 and a 1-year high of $121.45. The company has a market cap of $4.42 billion, a price-to-earnings ratio of -94.37 and a beta of 1.68.
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. 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.
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