Wix.com Ltd. (NASDAQ:WIX – Get Free Report)’s share price rose 5.5% on Tuesday . The company traded as high as $91.56 and last traded at $93.1210. 215,099 shares were traded during mid-day trading, a decline of 90% from the average session volume of 2,169,847 shares. The stock had previously closed at $88.25.
Wix.com News Summary
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: Investor commentary highlighted Wix’s reported repurchase of approximately 24% of its shares in one quarter. Buybacks can support earnings per share, reduce the share count and signal management confidence. The stock’s recovery and Scotiabank’s previous “Sector Outperform” rating also contributed to the bullish discussion. Wix.com Stock Opinions on Share Buybacks and Market Performance
- Positive Sentiment: Commentary on Google’s AI developments suggested that Wix may gain tools to respond to AI-driven competition rather than simply be displaced by it. This offers a potential counterpoint to concerns about Wix’s transition toward AI-assisted product development. AI Was Supposed to Kill Wix
- Neutral Sentiment: Several law firms repeated that September 22, 2026 is the deadline for investors who purchased Wix securities between February 19, 2025 and May 12, 2026 to seek lead-plaintiff status. These notices add visibility to the legal issue but do not represent a new ruling or an established finding of wrongdoing. Wix Investor Deadline
- Negative Sentiment: The proposed class action alleges that Wix and certain executives overstated the competitiveness of its AI products, AI demand, product innovation and Base44 momentum while understating competitive and financial risks. The case follows a reported 27% share-price decline after Wix’s first-quarter 2026 results. The allegations remain unproven. Wix Faces Securities Class Action
- Negative Sentiment: Director Ron Gutler sold 5,718 shares for approximately $488,000, cutting his direct stake by about 27%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but the lack of reported insider purchases may still weigh on sentiment. Wix Director Form 4 Filing
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on WIX shares. Weiss Ratings restated a “sell (d)” rating on shares of Wix.com in a report on Wednesday, August 26th. Barclays decreased their target price on Wix.com from $155.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada boosted their price target on Wix.com from $45.00 to $60.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Raymond James Financial cut Wix.com from a “strong-buy” rating to an “outperform” rating and cut their price target for the company from $75.00 to $70.00 in a report on Thursday, July 30th. Finally, Wedbush raised their price objective on Wix.com from $55.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, August 20th. Eleven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $90.57.
Wix.com Trading Up 3.3%
The business’s fifty day moving average price is $60.57 and its 200 day moving average price is $66.46. The company has a market capitalization of $5.32 billion, a P/E ratio of -25.76, a P/E/G ratio of 41.65 and a beta of 0.90.
Wix.com (NASDAQ:WIX – Get Free Report) last posted its earnings results on Tuesday, August 4th. The information services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.26. The business had revenue of $563.06 million for the quarter, compared to analysts’ expectations of $552.56 million. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The firm’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.28 earnings per share. Equities research analysts anticipate that Wix.com Ltd. will post 0.24 EPS for the current year.
Insider Buying and Selling at Wix.com
In other news, Director Ron Gutler sold 5,718 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $85.42, for a total value of $488,431.56. Following the completion of the transaction, the director directly owned 15,631 shares of the company’s stock, valued at approximately $1,335,200.02. This represents a 26.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 6.20% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew 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 worth $25,000 after purchasing an additional 132 shares during the last quarter. TD Private Client Wealth LLC raised its stake in shares of Wix.com by 18.7% in the fourth quarter. TD Private Client Wealth LLC now owns 940 shares of the information services provider’s stock valued at $98,000 after acquiring an additional 148 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Wix.com by 13.4% in the 2nd quarter. Cerity Partners LLC now owns 1,484 shares of the information services provider’s stock worth $235,000 after acquiring an additional 175 shares in the last quarter. Dark Forest Capital Management LP boosted its holdings in shares of Wix.com by 9.8% in the 3rd quarter. Dark Forest Capital Management LP now owns 2,062 shares of the information services provider’s stock worth $366,000 after acquiring an additional 184 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in Wix.com by 1.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 11,013 shares of the information services provider’s stock worth $1,144,000 after acquiring an additional 188 shares during the last quarter. 81.52% of the stock is owned by institutional investors.
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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