Wix.com Ltd. (NASDAQ:WIX – Get Free Report) shares rose 6.4% on Monday . The company traded as high as $82.29 and last traded at $81.5060. Approximately 161,284 shares were traded during trading, a decline of 92% from the average session volume of 2,144,673 shares. The stock had previously closed at $76.58.
Key Headlines Impacting Wix.com
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: No new company-specific operating setback was announced in the supplied reports. Separately, a report on domain trends said .com remains the dominant default domain, supporting Wix’s core website-building and domain-registration ecosystem. .com remains the dominant default domain
- Neutral Sentiment: Multiple law firms reminded investors that September 22, 2026 is the deadline to seek lead-plaintiff status in the pending securities class action. One notice cited September 23, so investors should verify the applicable deadline directly. These announcements largely repeat the same lawsuit allegations rather than represent new legal findings. Wix investor deadline announcement
- Negative Sentiment: The litigation creates legal, financial, and reputational uncertainty for Wix. The proposed class covers investors who purchased Wix securities from February 19, 2025, through May 12, 2026, and seeks damages under federal securities laws. Reports reference an alleged stock decline of as much as $126.42 per share following disclosures concerning AI competitiveness, Base44 costs, Wix Harmony, and developer churn. The allegations have not been proven, but the concentration of notices may weigh on investor sentiment and increase perceived risk. Pomerantz class-action filing
Analysts Set New Price Targets
Several brokerages recently commented on WIX. Citigroup reissued a “neutral” rating on shares of Wix.com in a research note on Wednesday, August 12th. Evercore set a $95.00 price objective on shares of Wix.com in a research report on Tuesday, August 4th. JPMorgan Chase & Co. reduced their target price on shares of Wix.com from $86.00 to $62.00 and set an “underweight” rating for the company in a research note on Thursday, June 18th. Needham & Company LLC reissued a “buy” rating and issued a $80.00 target price on shares of Wix.com in a research report on Wednesday, August 5th. Finally, Morgan Stanley lowered shares of Wix.com from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $112.00 to $60.00 in a research note on Tuesday, July 21st. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $90.57.
Wix.com Stock Performance
The company has a market cap of $4.82 billion, a P/E ratio of -23.33, a P/E/G ratio of 39.61 and a beta of 1.02. The firm has a 50 day moving average price of $67.87 and a 200-day moving average price of $67.36.
Wix.com (NASDAQ:WIX – Get Free Report) last issued its quarterly earnings data 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. 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 for the quarter, compared to the consensus estimate of $552.56 million. During the same period last year, the business earned $2.28 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. On average, sell-side analysts forecast that Wix.com Ltd. will post 0.24 EPS for the current fiscal year.
Insider Activity at Wix.com
In other news, CFO Lior Shemesh purchased 456 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 221,567 shares in the company, valued at $13,269,647.63. This trade represents a 0.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ron Gutler sold 5,718 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $85.42, for a total transaction of $488,431.56. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have acquired 2,622 shares of company stock valued at $157,032. 6.20% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of WIX. Hsbc Holdings PLC grew its holdings in shares of Wix.com by 11,894.0% during the 1st quarter. Hsbc Holdings PLC now owns 3,529,474 shares of the information services provider’s stock worth $318,676,000 after purchasing an additional 3,500,047 shares in the last quarter. Diamond Hill Capital Management Inc. acquired a new position in shares of Wix.com in the fourth quarter valued at $150,622,000. Atreides Management LP acquired a new position in shares of Wix.com in the fourth quarter valued at $129,598,000. Senvest Management LLC lifted its position in Wix.com by 24.8% in the first quarter. Senvest Management LLC now owns 3,754,680 shares of the information services provider’s stock worth $338,184,000 after purchasing an additional 746,200 shares during the period. Finally, OMERS ADMINISTRATION Corp lifted its position in Wix.com by 7,102.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 695,267 shares of the information services provider’s stock worth $62,623,000 after purchasing an additional 685,614 shares during the period. Institutional investors and hedge funds own 81.52% of the company’s stock.
Wix.com Company Profile
Wix.com Ltd. is an Israeli software company that operates a cloud-based website development platform. Its services enable individuals, entrepreneurs, small businesses and organizations to create, manage and grow websites without requiring extensive coding expertise.
The company offers customizable website templates and visual design tools, along with domain registration, web hosting, content management, search engine optimization and online marketing capabilities. Wix also provides tools for e-commerce, online payments, bookings, events, restaurants and other business operations, as well as professional development products through Wix Studio and third-party applications available through its app marketplace.
Founded in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan, Wix is headquartered in Tel Aviv, Israel, and serves customers internationally.
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