Shelly Meyer Sells 479 Shares of Wix.com (NASDAQ:WIX) Stock

Wix.com Ltd. (NASDAQ:WIX) insider Shelly Meyer sold 479 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $95.00, for a total transaction of $45,505.00. Following the completion of the sale, the insider directly owned 183,010 shares in the company, valued at approximately $17,385,950. This represents a 0.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Wix.com Trading Up 0.5%

Shares of WIX stock traded up $0.48 during trading hours on Wednesday, reaching $88.86. 318,654 shares of the stock were exchanged, compared to its average volume of 2,171,313. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of -25.10, a price-to-earnings-growth ratio of 41.95 and a beta of 1.02. Wix.com Ltd. has a 12-month low of $40.16 and a 12-month high of $190.93. The company’s 50-day moving average price is $61.53 and its 200-day moving average price is $66.58.

Wix.com (NASDAQ:WIX) last announced its quarterly earnings data on Tuesday, August 4th. The information services provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.26. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The business had revenue of $563.06 million during the quarter, compared to the consensus estimate of $552.56 million. During the same quarter last year, the firm earned $2.28 earnings per share. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. On average, sell-side analysts expect that Wix.com Ltd. will post 0.24 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of Wix.com from $86.00 to $62.00 and set an “underweight” rating on the stock in a report on Thursday, June 18th. Citigroup restated a “neutral” rating on shares of Wix.com in a report on Wednesday, August 12th. Barclays lowered their price target on shares of Wix.com from $155.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Royal Bank Of Canada lifted their price objective on shares of Wix.com from $45.00 to $60.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Finally, Raymond James Financial downgraded shares of Wix.com from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the stock from $75.00 to $70.00 in a research note on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $90.57.

Hedge Funds Weigh In On Wix.com

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

Wix.com News Summary

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

• Positive Sentiment: AI partnership offers a competitive counterpoint. A report says Wix is bringing “Harmony” to Google Gemini, potentially giving users more integrated AI-powered website creation tools. The development may help Wix compete in the emerging “vibe coding” market and reduce concerns that AI will disrupt its core business. However, the article questions whether the opportunity is already reflected in the stock’s valuation. Wix.com Brings Harmony to Gemini
• Neutral Sentiment: Class-action deadline remains September 22. Several law firms reminded investors who purchased WIX securities between February 19, 2025, and May 12, 2026, of the deadline to seek lead-plaintiff status. These notices largely repeat existing information rather than announce a new ruling, but they keep litigation risk in focus. Kaplan Fox Wix Investor Deadline Notice
• Negative Sentiment: Securities litigation adds overhang. A class action has been filed against Wix and certain officers, alleging that the company overstated the competitiveness of its AI products, AI demand, product innovation and Base44 momentum while understating business risks. The case follows a reported 27% decline after Wix’s first-quarter 2026 results. The allegations have not been proven. Pomerantz Wix Class Action Filing
• Negative Sentiment: Director reduces holdings. Director Ron Gutler sold 5,718 shares for approximately $488,000, cutting his direct position by about 27%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which limits its significance, but the absence of reported insider purchases may still weigh on sentiment. Wix Director SEC Form 4 Filing

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.