Public Employees Retirement System of Ohio Has $2.06 Million Stock Holdings in Wix.com Ltd. $WIX

Public Employees Retirement System of Ohio lowered its stake in Wix.com Ltd. (NASDAQ:WIX) by 38.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,882 shares of the information services provider’s stock after selling 14,471 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Wix.com were worth $2,061,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in Wix.com by 36.6% during the first quarter. AQR Capital Management LLC now owns 1,627 shares of the information services provider’s stock worth $266,000 after buying an additional 436 shares during the last quarter. Woodline Partners LP increased its stake in shares of Wix.com by 9.7% in the 1st quarter. Woodline Partners LP now owns 2,292 shares of the information services provider’s stock valued at $374,000 after acquiring an additional 202 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Wix.com by 632.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider’s stock valued at $41,000 after acquiring an additional 215 shares during the period. Cetera Investment Advisers raised its position in shares of Wix.com by 18.9% in the 2nd quarter. Cetera Investment Advisers now owns 1,853 shares of the information services provider’s stock valued at $294,000 after acquiring an additional 295 shares during the period. Finally, American Century Companies Inc. boosted its stake in Wix.com by 29.5% during the 2nd quarter. American Century Companies Inc. now owns 6,930 shares of the information services provider’s stock worth $1,098,000 after acquiring an additional 1,580 shares during the last quarter. 81.52% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Wix.com

Here are the key news stories impacting Wix.com this week:

• Negative Sentiment: Multiple law firms publicized a securities class action against Wix. The lawsuits cover investors who purchased Wix securities between February 19, 2025, and May 12, 2026. The complaints reportedly focus on whether Wix adequately disclosed weaknesses in its AI-driven “vibe coding” transition, the capabilities of its Wix Harmony platform, competition from other AI development tools and the potential impact on its financial outlook. The allegations have not been proven in court. Wix.com Faces Securities Class Action Amid Scrutiny Over Vibe Coding Transition
• Negative Sentiment: The litigation publicity reinforces concerns behind Wix’s mid-May selloff. Several notices reference the roughly 27% share-price drop following Wix’s first-quarter 2026 results, which included earnings below analyst expectations and revenue slightly below forecasts. Although revenue increased year over year, the earnings miss and ongoing negative profitability metrics may be weighing on investor confidence. Wix.com Class Action Notice
• Negative Sentiment: AI-related margin compression is an additional overhang. Commentary cited by financial outlets points to pressure on Wix’s margins as it invests in AI while facing uncertainty over whether professional developers and other customers will adopt its tools or shift to competing platforms. This raises questions about future growth, pricing power and returns on investment. Margin Compression Hits Wix.com Amid AI Concerns
• Neutral Sentiment: Investors have until September 22, 2026, to seek lead-plaintiff status in the securities case, according to the latest notices. The deadline itself does not establish liability, but the unusually high volume of law-firm announcements may keep legal and governance risks prominent in the market. Rosen Wix Investor Notice

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Barclays decreased their price objective on shares of Wix.com from $155.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Citigroup reduced their price target on shares of Wix.com from $66.00 to $59.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Scotiabank reissued an “outperform” rating on shares of Wix.com in a report on Tuesday, June 9th. Benchmark lowered their price objective on shares of Wix.com from $115.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $80.00 target price on shares of Wix.com in a report on Monday, June 15th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Wix.com has an average rating of “Hold” and a consensus price target of $91.10.

Wix.com Stock Down 2.9%

Shares of NASDAQ:WIX opened at $55.03 on Friday. Wix.com Ltd. has a 12 month low of $40.16 and a 12 month high of $190.93. The company’s fifty day simple moving average is $50.05 and its 200 day simple moving average is $67.85. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of -70.55 and a beta of 0.93.

Wix.com (NASDAQ:WIX) last announced its earnings results on Wednesday, May 13th. The information services provider reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.53). Wix.com had a negative return on equity of 33.28% and a negative net margin of 1.97%.The company had revenue of $541.17 million during the quarter, compared to analyst estimates of $544.04 million. During the same period in the previous year, the company posted $1.69 earnings per share. Wix.com’s revenue for the quarter was up 14.2% on a year-over-year basis. Research analysts expect that Wix.com Ltd. will post -0.16 earnings per share for the current fiscal year.

About Wix.com

Wix.com Ltd. operates a cloud-based platform that enables individuals and businesses to create, manage and develop professional web presences through an intuitive drag-and-drop interface. The company’s software-as-a-service model provides hosting, customizable templates and a range of design tools, eliminating the need for coding expertise. Users can choose from a variety of premium plans to access custom domains, enhanced storage, and advanced performance features tailored to personal projects, small businesses and online storefronts.

Beyond its core website builder, Wix offers a suite of complementary services designed to support digital growth and marketing.