Wix.com (NASDAQ:WIX) CEO Avishai Abrahami Buys 654 Shares

Wix.com Ltd. (NASDAQ:WIX) CEO Avishai Abrahami bought 654 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 $39,168.06. Following the completion of the transaction, the chief executive officer owned 486,225 shares of the company’s stock, valued at $29,120,015.25. The trade was a 0.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Avishai Abrahami also recently made the following trade(s):

• On Monday, August 31st, Avishai Abrahami purchased 55 shares of Wix.com stock. The stock was bought at an average cost of $59.89 per share, with a total value of $3,293.95.

Wix.com Trading Up 0.5%

Shares of NASDAQ:WIX traded up $0.48 during trading on Wednesday, reaching $88.86. The company had a trading volume of 318,654 shares, compared to its average volume of 2,171,313. The company has a fifty day moving average of $61.53 and a two-hundred day moving average of $66.58. The stock has a market capitalization of $5.18 billion, a P/E ratio of -25.10, a price-to-earnings-growth ratio of 41.95 and a beta of 1.02. Wix.com Ltd. has a 12 month low of $40.16 and a 12 month high of $190.93.

Wix.com (NASDAQ:WIX) 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 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 company had revenue of $563.06 million during the quarter, compared to the consensus estimate of $552.56 million. During the same period in the previous year, the firm posted $2.28 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. As a group, equities research analysts predict that Wix.com Ltd. will post 0.24 earnings per share for the current year.

Hedge Funds Weigh In On Wix.com

A number of institutional investors have recently bought and sold shares of WIX. Senvest Management LLC raised its position in shares of Wix.com by 24.8% in the 1st quarter. Senvest Management LLC now owns 3,754,680 shares of the information services provider’s stock worth $338,184,000 after acquiring an additional 746,200 shares in the last quarter. Hsbc Holdings PLC increased its position in 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 valued at $318,676,000 after buying an additional 3,500,047 shares in the last quarter. Wellington Management Group LLP raised its stake in Wix.com by 90.4% during the third quarter. Wellington Management Group LLP now owns 3,390,589 shares of the information services provider’s stock valued at $602,270,000 after buying an additional 1,609,989 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Wix.com by 879.0% in the second quarter. Ameriprise Financial Inc. now owns 2,031,591 shares of the information services provider’s stock worth $321,926,000 after acquiring an additional 1,824,070 shares in the last quarter. Finally, California State Teachers Retirement System boosted its holdings in Wix.com by 2,918.9% in the second quarter. California State Teachers Retirement System now owns 1,788,485 shares of the information services provider’s stock worth $81,144,000 after acquiring an additional 1,729,242 shares in the last quarter. 81.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Cantor Fitzgerald upped their price objective on Wix.com from $65.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Evercore set a $95.00 price target on shares of Wix.com in a research report on Tuesday, August 4th. Scotiabank restated an “outperform” rating on shares of Wix.com in a report on Tuesday, June 9th. Barclays cut their price objective 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. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $80.00 target price on shares of Wix.com in a research report on Wednesday, August 5th. Eleven equities research 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. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $90.57.

Trending Headlines about Wix.com

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

• Positive Sentiment: AI partnership offers a competitive counterpoint. A report says Wix is bringing “Harmony” to Google Gemini, potentially giving users more integrated AI-powered website creation tools. The development may help Wix compete in the emerging “vibe coding” market and reduce concerns that AI will disrupt its core business. However, the article questions whether the opportunity is already reflected in the stock’s valuation. Wix.com Brings Harmony to Gemini
• Neutral Sentiment: Class-action deadline remains September 22. Several law firms reminded investors who purchased WIX securities between February 19, 2025, and May 12, 2026, of the deadline to seek lead-plaintiff status. These notices largely repeat existing information rather than announce a new ruling, but they keep litigation risk in focus. Kaplan Fox Wix Investor Deadline Notice
• Negative Sentiment: Securities litigation adds overhang. A class action has been filed against Wix and certain officers, alleging that the company overstated the competitiveness of its AI products, AI demand, product innovation and Base44 momentum while understating business risks. The case follows a reported 27% decline after Wix’s first-quarter 2026 results. The allegations have not been proven. Pomerantz Wix Class Action Filing
• Negative Sentiment: Director reduces holdings. Director Ron Gutler sold 5,718 shares for approximately $488,000, cutting his direct position by about 27%. The transaction occurred 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 SEC 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.