Calamos Advisors LLC Acquires Shares of 2,460 Wix.Com Ltd (WIX)

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.



Several brokerages have recently issued reports on WIX. BidaskClub raised Wix.Com from a “buy” rating to a “strong-buy” rating in a report on Friday, October 19th. ValuEngine cut Wix.Com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 2nd. SunTrust Banks lifted their target price on Wix.Com to $145.00 and gave the stock a “buy” rating in a report on Thursday, September 27th. Zacks Investment Research cut Wix.Com from a “buy” rating to a “hold” rating in a report on Tuesday, September 18th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $123.00 target price on shares of Wix.Com in a report on Thursday, September 13th. Five research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $105.38.

Wix.Com Profile

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

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