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US sanctions founder of Georgia’s ruling political party
GSA Capital Partners LLP lessened its stake in Wix.com Ltd. ( NASDAQ:WIX – Free Report ) by 77.8% in the third quarter, Holdings Channel reports. The institutional investor owned 1,852 shares of the information services provider’s stock after selling 6,504 shares during the quarter. GSA Capital Partners LLP’s holdings in Wix.com were worth $310,000 as of its most recent SEC filing. Other institutional investors have also recently added to or reduced their stakes in the company. Dorsal Capital Management LP lifted its position in shares of Wix.com by 23.8% in the 2nd quarter. Dorsal Capital Management LP now owns 1,300,000 shares of the information services provider’s stock worth $206,791,000 after buying an additional 250,000 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Wix.com by 27.9% during the second quarter. Renaissance Technologies LLC now owns 785,649 shares of the information services provider’s stock valued at $124,973,000 after purchasing an additional 171,500 shares during the last quarter. Driehaus Capital Management LLC acquired a new stake in shares of Wix.com during the 2nd quarter worth approximately $13,646,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Wix.com by 23.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 263,534 shares of the information services provider’s stock worth $44,055,000 after purchasing an additional 49,500 shares during the last quarter. Finally, Lakehouse Capital Pty Ltd boosted its position in Wix.com by 2,933.3% during the 2nd quarter. Lakehouse Capital Pty Ltd now owns 48,108 shares of the information services provider’s stock valued at $7,653,000 after purchasing an additional 46,522 shares during the period. 81.52% of the stock is owned by institutional investors and hedge funds. Wix.com Stock Performance WIX stock opened at $217.20 on Friday. The company has a market capitalization of $11.91 billion, a P/E ratio of 136.76, a price-to-earnings-growth ratio of 3.91 and a beta of 1.47. Wix.com Ltd. has a 52-week low of $95.65 and a 52-week high of $220.22. The business has a 50-day simple moving average of $169.52 and a two-hundred day simple moving average of $162.14. Wall Street Analysts Forecast Growth Check Out Our Latest Stock Analysis on Wix.com About Wix.com ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding WIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wix.com Ltd. ( NASDAQ:WIX – Free Report ). Receive News & Ratings for Wix.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wix.com and related companies with MarketBeat.com's FREE daily email newsletter .Grupo Aeroportuario del Pacifico Reports in November 2024 a Passenger Traffic Increase of 1.8% Compared to 2023The Most Accurate Weather App Has Finally Been Identified
Principal Financial Group Inc. Sells 10,040 Shares of Cogent Communications Holdings, Inc. (NASDAQ:CCOI)
WASHINGTON — WWE will perform on a stage next month that could be vastly larger than its current home on cable television when “Raw,” its weekly live show, makes its debut on Netflix. The sports entertainment company is moving to a platform with about 283 million subscribers worldwide as it departs its current home on the USA Network, which averaged 688,000 viewers in prime time last year, according to the Nielsen company. For Netflix, onboarding the WWE is part of a strategic move to air more live events on the heels of a hugely successful fight between Mike Tyson and Jake Paul that was viewed by more than 60 million people. “Raw” has been averaging about 1.5 million viewers on USA Network over the past month, according to Nielsen. WWE has produced thousands of episodes of “Raw,” since its debut in 1993, with star performers like Seth Rollins, CM Punk and Rhea Ripley. “Raw” and the media rights that come with it, had become a hot commodity before WWE reached a deal worth more than $5 billion with Netflix. In addition to a larger pool of potential viewers, moving to Netflix means the WWE won't have to worry as much about curse words getting muted or potentially gory scenes or risque or obscene gestures being blurred. And as it has done throughout its history, WWE has promoted the shift to Netflix across different platforms as it seeks to expand its audience. During a Travis Scott concert last month, former professional wrestler and now WWE chief content officer Paul “Triple H” Levesque told attendees from the stage that one of the rapper’s song will be the new ”Raw” theme song, and that Scott will appear on the first episode on Netflix on January 6. WWE has consistently managed to put itself before new and sometimes massive audiences, including the Super Bowl. After defeating the Philadelphia Eagles in Super Bowl LVII two years ago, Kansas City Chiefs quarterback and MVP Patrick Mahomes posted a photo of himself on Twitter holding the Vince Lombardi trophy in one hand, and a WWE belt in the other . Netflix sees huge potential in live entertainment in addition to its traditional lineup. “The contributor to growing engagement is going to be across the board on our scripted and unscripted, our documentary programming, all the kinds of things that people love, including now the addition of some live hours,” Netflix co-CEO Theodore Sarandos said after the company’s most recent quarterly earnings report. Aside from its deal with WWE, the company announced in May that it will stream two National Football League games globally on Christmas Day as part of a three-year deal with the league. That live programming will be an important part of Netflix’s strategy going forward, said JPMorgan analyst Doug Anmuth. “Netflix is increasingly focused on sports entertainment, events, and shoulder content and we expect a bigger push into live sports over time, particularly as negotiating leverage shifts in Netflix’s direction,” he wrote in an analyst note last month.