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Comerica Bank Sells 221 Shares of Wix.Com Ltd (NASDAQ:WIX)

WINTON GROUP Ltd purchased a new stake in Wix.Com during the 2nd quarter valued at approximately $207,000. Chicago Capital LLC purchased a …

Wix.Com logoComerica Bank trimmed its stake in shares of Wix.Com Ltd (NASDAQ:WIX) by 5.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,996 shares of the information services provider’s stock after selling 221 shares during the quarter. Comerica Bank’s holdings in Wix.Com were worth $567,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WIX. Quadrant Capital Group LLC lifted its holdings in shares of Wix.Com by 20.9% in the 1st quarter. Quadrant Capital Group LLC now owns 463 shares of the information services provider’s stock valued at $54,000 after purchasing an additional 80 shares during the last quarter. Highstreet Asset Management Inc. purchased a new stake in Wix.Com during the 1st quarter valued at approximately $60,000. WINTON GROUP Ltd purchased a new stake in Wix.Com during the 2nd quarter valued at approximately $207,000. Chicago Capital LLC purchased a new stake in Wix.Com during the 2nd quarter valued at approximately $213,000. Finally, State Board of Administration of Florida Retirement System purchased a new stake in Wix.Com during the 1st quarter valued at approximately $242,000. 84.12% of the stock is owned by hedge funds and other institutional investors.

Shares of WIX traded down $2.59 during trading hours on Friday, hitting $123.81. The stock had a trading volume of 459,430 shares, compared to its average volume of 414,568. The company’s fifty day simple moving average is $143.35 and its 200 day simple moving average is $134.23. The company has a debt-to-equity ratio of 2.02, a quick ratio of 1.93 and a current ratio of 1.93. Wix.Com Ltd has a 12-month low of $80.20 and a 12-month high of $155.75. The firm has a market cap of $6.41 billion, a P/E ratio of -281.39 and a beta of 1.55.

Wix.Com (NASDAQ:WIX) last released its quarterly earnings data on Wednesday, July 24th. The information services provider reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.38) by $0.17. The company had revenue of $185.40 million for the quarter, compared to analyst estimates of $183.92 million. Wix.Com had a negative return on equity of 21.60% and a negative net margin of 8.70%. The firm’s revenue was up 26.9% compared to the same quarter last year. During the same period last year, the company posted $0.29 earnings per share. As a group, sell-side analysts predict that Wix.Com Ltd will post -1.22 earnings per share for the current fiscal year.

WIX has been the topic of several recent analyst reports. Deutsche Bank boosted their target price on Wix.Com from $135.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, July 25th. Zacks Investment Research upgraded Wix.Com from a “strong sell” rating to a “hold” rating and set a $122.00 target price on the stock in a research report on Saturday, July 20th. Northland Securities set a $160.00 price target on Wix.Com and gave the stock a “buy” rating in a report on Friday, August 23rd. Oppenheimer upped their price target on Wix.Com from $122.00 to $140.00 and gave the stock an “outperform” rating in a report on Friday, May 17th. Finally, Royal Bank of Canada upped their price target on Wix.Com to $166.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $136.39.

Wix.Com Company 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.

Featured Story: Leveraged Buyout (LBO) Explained

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

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Bank Pictet & Cie Asia LTD Raised 58 Com (WUBA) Position by $359600; Taiwan Semiconductor …

Some Historical TSM News: 13/04/2018 – TSMC 2330.TW TSM.N SAYS UNIT ORDERS MACHINERY EQUIPMENT WORTH T$519 MLN; 19/04/2018 …

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Bank Pictet & Cie Asia Ltd increased its stake in 58 Com Inc (WUBA) by 53.7% based on its latest 2019Q2 regulatory filing with the SEC. Bank Pictet & Cie Asia Ltd bought 5,800 shares as the company’s stock declined 20.77% . The institutional investor held 16,600 shares of the programming company at the end of 2019Q2, valued at $1.03 million, up from 10,800 at the end of the previous reported quarter. Bank Pictet & Cie Asia Ltd who had been investing in 58 Com Inc for a number of months, seems to be bullish on the $8.42 billion market cap company. The stock increased 4.75% or $2.57 during the last trading session, reaching $56.62. About 1.55 million shares traded or 85.46% up from the average. 58.com Inc. (NYSE:WUBA) has declined 15.08% since September 14, 2018 and is downtrending. It has underperformed by 15.08% the S&P500. Some Historical WUBA News: 09/03/2018 – 58.COM INC WUBA.N : BENCHMARK RAISES TO BUY FROM HOLD; 23/05/2018 – 58.COM INC WUBA.N – QTRLY DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS RMB1.17 (US$0.19); 23/05/2018 – Correct: 58.com 1Q Rev $393M; 23/05/2018 – 58.COM INC WUBA.N -QTRLY NON-GAAP DILUTED EARNINGS PER ADS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS WERE RMB2.05 (US$0.33); 23/05/2018 – 58.COM SEES 2Q REV. RMB3.1B-RMB3.2B; 07/03/2018 – 58.COM INC WUBA.N – QTRLY GROSS MARGIN WAS 90.5% COMPARED WITH 89.9% IN SAME QUARTER OF 2016; 07/05/2018 – JENERATION CAPITAL WELCOMES JASON TAN AS PARTNER AND CHIEF INVESTMENT OFFICER

Brandes Investment Partners Lp decreased its stake in Taiwan Semiconductor Mf (TSM) by 71.34% based on its latest 2019Q2 regulatory filing with the SEC. Brandes Investment Partners Lp sold 110,404 shares as the company’s stock declined 2.72% . The institutional investor held 44,349 shares of the semiconductors company at the end of 2019Q2, valued at $1.74M, down from 154,753 at the end of the previous reported quarter. Brandes Investment Partners Lp who had been investing in Taiwan Semiconductor Mf for a number of months, seems to be less bullish one the $222.45B market cap company. The stock increased 1.52% or $0.67 during the last trading session, reaching $44.74. About 6.14M shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 3.75% since September 14, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical TSM News: 13/04/2018 – TSMC 2330.TW TSM.N SAYS UNIT ORDERS MACHINERY EQUIPMENT WORTH T$519 MLN; 19/04/2018 – TSMC Files Annual Report on Form 20-F for 2017; 09/03/2018 – TSMC 2330.TW SAYS FEB SALES T$64.64 BLN (JAN T$79.74 BLN, 2017 DEC T$89.90 BLN); 26/04/2018 – TSMC SAYS UNIT ORDERS EQUIPMENT FOR T$1.9 BLN; 26/03/2018 – 2330.TW: TSMC to make automotive chips for Renesas; 07/03/2018 Exclusive: US chipmaker GlobalFoundries asks China to probe TSMC; 15/05/2018 – SAMSUNG ELEC 005930.KS IN TALKS WITH ZTE 0763.HK , OTHER SMARTPHONE MAKERS TO SUPPLY EXYNOS CHIPS – EXEC; 30/03/2018 – U.S.-China Trade War Won’t Hit Taiwan Semiconductor Sector; 22/05/2018 – Apple Partner TSMC Is Said to Start Making Chips for New IPhones; 19/04/2018 – TSMC 2330.TW TSM.N SAYS IT SEES FOUNDRY MARKET GROWTH AT 8 PCT

More notable recent 58.com Inc. (NYSE:WUBA) news were published by: Prnewswire.com which released: “58.com Creates New President of International Business Role and Appoints Chief Financial Officer – PRNewswire” on September 10, 2019, also Seekingalpha.com with their article: “BOCOM downgrades 58.com; shares -5.1% – Seeking Alpha” published on August 23, 2019, Seekingalpha.com published: “58.com Q2 2019 Earnings Preview – Seeking Alpha” on August 21, 2019. More interesting news about 58.com Inc. (NYSE:WUBA) were released by: Finance.Yahoo.com and their article: “58.com Inc. (NYSE:WUBA): Will The Growth Last? – Yahoo Finance” published on August 15, 2019 as well as Benzinga.com‘s news article titled: “15 Technology Stocks Moving In Friday’s Pre-Market Session – Benzinga” with publication date: August 23, 2019.

Brandes Investment Partners Lp, which manages about $26.91 billion and $4.49B US Long portfolio, upped its stake in America Movil Sab De Cv (NYSE:AMX) by 35,328 shares to 1.10M shares, valued at $16.07 million in 2019Q2, according to the filing. It also increased its holding in China Yuchai Intl Ltd (NYSE:CYD) by 125,762 shares in the quarter, for a total of 1.41M shares, and has risen its stake in Scholastic Corp (NASDAQ:SCHL).

More notable recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Finance.Yahoo.com which released: “4 5-Star Companies to Consider as Dow Eclipses 27,000 – Yahoo Finance” on September 12, 2019, also Finance.Yahoo.com with their article: “Sarah Ketterer’s Favorite Tech Stocks – Yahoo Finance” published on September 13, 2019, Finance.Yahoo.com published: “Is Taiwan Semiconductor Mfg. Co. Ltd. (TSM) A Good Stock To Buy? – Yahoo Finance” on June 07, 2019. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were released by: Seekingalpha.com and their article: “Wall Street Brunch – Seeking Alpha” published on August 18, 2019 as well as Finance.Yahoo.com‘s news article titled: “Stocks: Papa John’s Soars in Premarket; J&J, Comcast, Zynga All Rise – Yahoo Finance” with publication date: August 27, 2019.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Ratings Chart

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Lucknow’s Uber Driver, Vinod, Beautifully Sings ‘Nazar ke Saamne’ Song from Aashiqui, Will He Be …

A Twitter user uploaded a video of Vinod, an Uber driver from Uttar Pradesh on his social media account and oh boy, the man seems to be insanely …
Lucknow's Uber Driver, Vinod, Beautifully Sings 'Nazar ke Saamne' Song from Aashiqui, Will He Be the Next Ranu Mondal?

Vinod, an Uber driver for India beautifully sings Aashiqui song (Photo Credits: Instagram/Twitter)

India is a land of talent and we don’t restrict ourselves to the ones who participate in India’s Got Talent. The less-fortunate ones, who are unable to gather any courage to face a huge crowd or manage to reach the audition venue are equally talented and they just need the right opportunity to flaunt their skills. An ordinary lady from West Bengal, Ranu Mondal is a classic example of how talent can take you places. And this Uber driver from Lucknow deserves to join her league.

A Twitter user uploaded a video of Vinod, an Uber driver from Uttar Pradesh on his social media account and oh boy, the man seems to be insanely talented. You can hear him sing ‘Nazar ke Saamne‘ in the video and his voice is nothing less than a melody for our ears. We are unaware of his music training but he still comes across as a strong and worthy talent. We have not verified the authenticity of the video and are sharing the original video as tweeted by the user.

A normal and casual video shot at a railway station was Ranu Mondal’s ticket to Bollywood and we hope Vinod is able to follow her suit. Uber Driver Menzi Mngoma Becomes Opera Sensation in South Africa After His Video Goes Viral, to Record a Single Soon!

Check out his singing video

Met an @Uber_India driver Vinod ji in Lucknow. He is an amazing singer and asked to sing a song for me after finishing his ride. Aur kya chaiye.

Please watch this video and make him famous. He is also having his own @YouTube@youtubemusic channel. #Lucknow#Uberpic.twitter.com/G4zu8u2531

— #SavePriyanshu (@crowngaurav) September 14, 2019

As per the tweet, he also has his own YouTube channel, though the user forgot to mention his channel’s name. However, we did search for him on the site and voila, here he is.

Check out his YouTube videos

We hope Udit Narayan and Kumar Sanu will hear this

All Shah Rukh Khan fans, this one’s for you

In any case, let’s hope somebody appreciates his talent and gives him a chance to use his talent the right way.

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Hear how to build a billion-dollar SaaS company at TechCrunch Disrupt

Neeraj Agrawal, a partner at Battery Ventures and seasoned enterprise investor, presented his growth thesis in a widely read article for TechCrunch …

There was a time when brick-and-mortar mom and pops framed their first $1 on the wall, but in the SaaS startup the equivalent milestone is $1 billion revenue run-rate.

Salesforce is the SaaS revenue king reporting $4 billion in revenue for its most recent quarterly report, and there are many other relatively new SaaS companies, such as WorkDay, ServiceNow and Atlassian, that have broken the $1 billion barrier.

This year at TechCrunch Disrupt (tickets here!), we welcome three people to the Extra Crunch stage who know first hand what it takes to join the billion dollar club.

Neeraj Agrawal, a partner at Battery Ventures and seasoned enterprise investor, presented his growth thesis in a widely read article for TechCrunch where he outlined the key milestones for a SaaS company to reach a billion dollars.

Whitney Bouck is COO at HelloSign, a startup that was sold to Dropbox in 2018 for $230 million. Bouck was also an executive at Box, guiding their enterprise business from 2011-2015. Prior to that she was at Documentum, which exited in 2003 to EMC for $1.7 billion.

Jyoti Bansal is currently co-founder & CEO of Harness. Previously, he was founder & CEO of AppDynamics, which Cisco acquired in 2017 for $3.7 billion. Bansal is also an investor as co-founder of venture capital firm Unusual Ventures.

The goal of this panel is to help you understand the tools and strategies that go into ramping to a billion in revenue and beyond. It requires a rare combination of good idea, product-market fit, culture and commitment. It also requires figuring out how to evolve the core idea and recover from inevitable mistakes — all while selling investors on your vision.

We’re amped for this conversation, and we can’t wait to see you there! Buy tickets to Disrupt SF here at an early-bird rate!

Did you know Extra Crunch annual members get 20% off all TechCrunch event tickets? Head over here to get your annual pass, and then email extracrunch@techcrunch.com to get your 20% discount. Please note that it can take up to 24 hours to issue the discount code.

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