Wix.com Ltd. (NASDAQ:WIX – Get Free Report) CMO Omer Shai purchased 490 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was acquired at an average price of $59.89 per share, for a total transaction of $29,346.10. Following the purchase, the chief marketing officer owned 515,879 shares of the company’s stock, valued at approximately $30,895,993.31. This represents a 0.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Wix.com Stock Performance
Shares of WIX opened at $86.69 on Thursday. Wix.com Ltd. has a one year low of $40.16 and a one year high of $190.93. The stock has a 50-day moving average price of $62.41 and a 200 day moving average price of $66.69. The company 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 – Get Free Report) last posted 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 return on equity of 1.61% and a negative net margin of 8.19%.The company had revenue of $563.06 million for the quarter, compared to the consensus estimate of $552.56 million. During the same period in the previous year, the business earned $2.28 EPS. Wix.com’s revenue for the quarter was up 14.9% compared to the same quarter last year. As a group, equities research analysts forecast that Wix.com Ltd. will post 0.24 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Wix.com
Wix.com News Roundup
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
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the stock. Barclays dropped 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 note on Thursday, May 14th. Raymond James Financial lowered shares of Wix.com from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the stock from $75.00 to $70.00 in a report on Thursday, July 30th. Royal Bank Of Canada boosted their target price on shares of Wix.com from $45.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Oppenheimer cut their target price on shares of Wix.com from $115.00 to $85.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Finally, Evercore set a $95.00 price target on shares of Wix.com in a research report on Tuesday, August 4th. Eleven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $90.57.
Check Out Our Latest Analysis on Wix.com
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.
See Also
- Five stocks we like better than Wix.com
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for Wix.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wix.com and related companies with MarketBeat.com's FREE daily email newsletter.
