Wellington Management Group LLP Decreases Stock Position in Wix.com Ltd. $WIX

Wellington Management Group LLP cut its position in shares of Wix.com Ltd. (NASDAQ:WIX) by 60.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,469,518 shares of the information services provider’s stock after selling 2,241,808 shares during the period. Wellington Management Group LLP owned approximately 2.52% of Wix.com worth $66,672,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of WIX. Farther Finance Advisors LLC lifted its holdings in shares of Wix.com by 122.2% in the 4th quarter. Farther Finance Advisors LLC now owns 240 shares of the information services provider’s stock valued at $25,000 after acquiring an additional 132 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Wix.com by 632.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. Employees Retirement System of Texas lifted its holdings in Wix.com by 129.9% during the 4th quarter. Employees Retirement System of Texas now owns 446 shares of the information services provider’s stock valued at $46,000 after buying an additional 252 shares in the last quarter. Banque Cantonale Vaudoise increased its position in shares of Wix.com by 464.8% during the fourth quarter. Banque Cantonale Vaudoise now owns 497 shares of the information services provider’s stock worth $52,000 after acquiring an additional 409 shares during the period. Finally, National Bank of Canada FI purchased a new position in Wix.com during the 3rd quarter worth $54,000. Institutional investors own 81.52% of the company’s stock.

Wix.com News Summary

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

• Positive Sentiment: Wix CEO Avishai Abrahami, President Nir Zohar, CFO Lior Shemesh, CMO Omer Shai and insider Yaniv Even-Haim collectively purchased roughly $128,000 of shares at $59.89 per share. The purchases were relatively small compared with their existing holdings, but broad-based insider buying can signal that executives view the recent valuation as attractive. Wix Insider Purchase Filings
• Positive Sentiment: Baron Capital’s second-quarter investor commentary highlighted Wix’s long-term website-building opportunity and the industry’s shift toward AI-assisted development. Separate coverage discussed Wix bringing its Harmony AI capabilities to Google Gemini, potentially improving the company’s ability to compete in the emerging “vibe coding” market. The Future of Website Building with Wix.com
• Neutral Sentiment: Several law firms repeated a September 22, 2026 deadline for investors who purchased WIX securities between February 19, 2025 and May 12, 2026 to seek lead-plaintiff status. These notices largely amplify an existing case rather than announce a new ruling, but they keep legal uncertainty in focus. Levi and Korsinsky Wix Lawsuit Deadline
• Negative Sentiment: A proposed securities class action filed against Wix and certain executives alleges the company overstated the competitiveness of its AI products, demand, product innovation and Base44 momentum while understating competitive and financial risks. The allegations follow a reported sharp decline after first-quarter 2026 results; no wrongdoing has been established. Wix Faces Securities Class Action
• Negative Sentiment: Director Ron Gutler sold 5,718 shares worth approximately $488,000, reducing his direct stake by about 27%. The sale occurred under a pre-arranged Rule 10b5-1 plan, which reduces its importance as a discretionary signal, but it may still add to cautious sentiment alongside the litigation news. Wix Director Form 4 Filing

Insider Buying and Selling

In related news, CFO Lior Shemesh bought 456 shares of the company’s stock in a transaction on Monday, August 31st. The shares were bought at an average price of $59.89 per share, with a total value of $27,309.84. Following the transaction, the chief financial officer owned 221,567 shares in the company, valued at approximately $13,269,647.63. This trade represents a 0.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Omer Shai bought 490 shares of the company’s stock in a transaction on Monday, August 31st. The shares were bought at an average cost of $59.89 per share, for a total transaction of $29,346.10. Following the transaction, the chief marketing officer owned 515,879 shares in the company, valued at $30,895,993.31. The trade was a 0.10% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 2,622 shares of company stock worth $157,032 over the last ninety days. Company insiders own 6.20% of the company’s stock.

Wix.com Price Performance

Shares of NASDAQ:WIX opened at $86.69 on Thursday. The business’s 50-day moving average is $62.41 and its 200 day moving average is $66.69. Wix.com Ltd. has a 1 year low of $40.16 and a 1 year high of $190.93. The firm has a market capitalization of $5.05 billion, a P/E ratio of -24.49, a P/E/G ratio of 42.00 and a beta of 1.02.

Wix.com (NASDAQ:WIX) last issued its quarterly earnings results on Tuesday, August 4th. The information services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate 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 last year, the company earned $2.28 earnings per share. The company’s quarterly revenue was up 14.9% on a year-over-year basis. On average, analysts expect that Wix.com Ltd. will post 0.24 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on WIX shares. JPMorgan Chase & Co. cut their target price on shares of Wix.com from $86.00 to $62.00 and set an “underweight” rating on the stock in a research report on Thursday, June 18th. Evercore set a $95.00 target price on Wix.com in a report on Tuesday, August 4th. Scotiabank reiterated an “outperform” rating on shares of Wix.com in a report on Tuesday, June 9th. Oppenheimer decreased their price objective on Wix.com from $115.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Wix.com in a research report on Wednesday, August 26th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $90.57.

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.