Wix.com Ltd. (NASDAQ:WIX – Get Free Report) Director Ron Gutler sold 5,718 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $85.42, for a total transaction of $488,431.56. Following the sale, the director owned 15,631 shares of the company’s stock, valued at $1,335,200.02. The trade was a 26.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Wix.com Trading Down 0.2%
Shares of NASDAQ:WIX traded down $0.21 during midday trading on Monday, hitting $87.41. The company had a trading volume of 126,131 shares, compared to its average volume of 2,170,798. Wix.com Ltd. has a 12 month low of $40.16 and a 12 month high of $190.93. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of -24.75, a PEG ratio of 41.65 and a beta of 0.90. The firm has a fifty day simple moving average of $59.64 and a 200 day simple moving average of $66.37.
Wix.com (NASDAQ:WIX – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.26. Wix.com had a negative return on equity of 1.61% and a negative net margin of 8.19%.The business had revenue of $563.06 million during the quarter, compared to the consensus estimate of $552.56 million. During the same quarter in the prior year, the company posted $2.28 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. Equities analysts forecast that Wix.com Ltd. will post 0.24 EPS for the current fiscal year.
Analysts Set New Price Targets
Get Our Latest Analysis on Wix.com
More Wix.com News
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: Recent commentary highlights Wix’s repurchase of approximately 24% of its shares in one quarter, which could support earnings per share and signal management confidence. The stock has also nearly doubled from earlier levels, while Benchmark and other observers remain constructive despite AI-related risks. Wix.com Stock Opinions on Share Buybacks and Market Performance
- Positive Sentiment: Wix’s latest reported quarter exceeded consensus expectations for both adjusted EPS and revenue, with revenue rising 14.9% year over year. This provides a fundamental backdrop for the stock’s recovery, although the supplied earnings report predates the current legal headlines.
- Neutral Sentiment: Analyst sentiment is limited but not broadly negative: one recent rating was “Sector Outperform,” and no sell ratings were cited. However, the median price target of $85 is below the stock’s recent trading level, with targets ranging widely from $45 to $135, indicating substantial uncertainty.
- Neutral Sentiment: Institutional positioning was mixed in the latest filings, with 110 investors adding shares and 310 reducing positions. Several large funds made sizable cuts, while Ameriprise Financial increased its stake, offering no clear consensus signal.
- Negative Sentiment: Multiple law firms publicized a securities class action and a September 22, 2026 lead-plaintiff deadline. The allegations center on claims that Wix overstated the competitiveness of its AI products, AI demand, product innovation, and Base44 momentum before a reported 27% selloff following first-quarter 2026 results. The claims are allegations, not established findings, but the litigation could increase costs, reputational risk, and investor uncertainty. Wix.com Faces Securities Class Action
- Negative Sentiment: Quiver’s cited insider data shows seven open-market sales and no purchases over the past six months, including sales by President Nir Zohar. While insider selling is not necessarily bearish on its own, it may temper the bullish impact of buybacks.
Institutional Investors Weigh In On Wix.com
Several hedge funds have recently bought and sold shares of WIX. Principal Financial Group Inc. grew its position in Wix.com by 47.4% during the 4th quarter. Principal Financial Group Inc. now owns 1,397,962 shares of the information services provider’s stock worth $145,238,000 after acquiring an additional 449,699 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Wix.com by 216.4% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 52,837 shares of the information services provider’s stock valued at $5,489,000 after purchasing an additional 36,140 shares during the period. Empowered Funds LLC bought a new position in Wix.com during the 1st quarter worth $2,381,000. Temasek Holdings Private Ltd lifted its holdings in Wix.com by 82.4% during the 4th quarter. Temasek Holdings Private Ltd now owns 756,866 shares of the information services provider’s stock worth $78,631,000 after buying an additional 341,869 shares during the period. Finally, Renaissance Technologies LLC grew its position in shares of Wix.com by 52.1% in the 1st quarter. Renaissance Technologies LLC now owns 576,049 shares of the information services provider’s stock valued at $51,885,000 after buying an additional 197,200 shares during the last quarter. 81.52% of the stock is currently owned by institutional investors and hedge funds.
Wix.com Company Profile
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.
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