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 value of $488,431.56. Following the completion of the sale, the director owned 15,631 shares of the company’s stock, valued at approximately $1,335,200.02. The trade was a 26.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Wix.com Stock Up 0.1%
NASDAQ WIX opened at $88.38 on Wednesday. Wix.com Ltd. has a 52 week low of $40.16 and a 52 week high of $190.93. The business’s fifty day simple moving average is $61.53 and its 200-day simple moving average is $66.58. The firm has a market cap of $5.15 billion, a PE ratio of -24.97, a P/E/G ratio of 41.95 and a beta of 1.02.
Wix.com (NASDAQ:WIX – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The information services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $563.06 million during the quarter, compared to analyst estimates of $552.56 million. During the same quarter in the prior year, the firm posted $2.28 earnings per share. Wix.com’s quarterly revenue was up 14.9% on a year-over-year basis. Research analysts expect that Wix.com Ltd. will post 0.24 EPS for the current year.
Hedge Funds Weigh In On Wix.com
Wall Street Analyst Weigh In
WIX has been the subject of a number of recent analyst reports. UBS Group set a $75.00 price target on shares of Wix.com in a report on Wednesday, August 5th. Morgan Stanley lowered Wix.com from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $112.00 to $60.00 in a research report on Tuesday, July 21st. Benchmark reissued a “buy” rating on shares of Wix.com in a research note on Wednesday, August 26th. Scotiabank restated an “outperform” rating on shares of Wix.com in a research report on Tuesday, June 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Wix.com in a research note on Wednesday, August 26th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $90.57.
Wix.com News Summary
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: Investor commentary points to Wix’s reported repurchase of roughly 24% of its shares in one quarter, which could support per-share results and signal management confidence. The stock has also recovered substantially from its 12-month low, although the buyback discussion is not a new company filing. Wix.com Stock Opinions on Share Buybacks and Market Performance
- Neutral Sentiment: Pomerantz announced that a securities class action has been filed against Wix and certain officers on behalf of investors who purchased shares between February 19, 2025, and May 12, 2026. Other law firms are soliciting investors to seek lead-plaintiff status, with deadlines generally listed as September 22 or September 23. These announcements add visibility to the issue but do not establish wrongdoing or represent a court judgment. Pomerantz Wix Class Action Filing
- Negative Sentiment: The lawsuits allege that Wix and executives overstated the competitiveness of its AI products, AI demand, product innovation and Base44 momentum, while understating competitive and financial risks. The claims follow a reported 27% share-price drop after the company’s first-quarter 2026 update, creating potential legal costs, reputational damage and uncertainty around Wix’s transition toward “vibe coding.” The allegations remain unproven. Wix Faces Securities Class Action
- Negative Sentiment: Director Ron Gutler sold 5,718 shares for approximately $488,000, reducing his direct position by about 27%. The transaction was executed 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 Form 4 Filing
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.
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